"The only way to trade with Fibonaccis" journal

Quote from trendo:

Why no trades?
More...

The market hasn't retraced to a level at which I want to buy. As I cannot predict price movement, I don't want to buy now assuming simply that because it has been going up it will continue to go up.

I have a strategy for buying in up trends but I'm sitting on the sidelines for now.

2/24:

No trades.
 
I keep seeing this thread getting bumped up each day, and can't resist opening it to see if you've broken out the buying in uptrends strategy. But no such luck. :p
 
Quote from 1a2b3cppp:

As I cannot predict price movement, I don't want to buy now assuming simply that because it has been going up it will continue to go up.
More...

How is this different than assuming that just because price has gone down, it will then go back up?
 
Quote from dv4632:

I keep seeing this thread getting bumped up each day, and can't resist opening it to see if you've broken out the buying in uptrends strategy. But no such luck. :p
More...

You may see it soon if this uptrend doesn't stop.

2/27:

No trades.
 
You must log in or register to reply here.
Back
Top