Why Is The Obvious Not So Obvious?

[rossky]

Quote from jack hershey:

You may have never seen a market in operation. Anyone can learn all of this in a few days.

Jack, I thank you for the entire session.

 

[jack hershey]

Quote from xburbx:

I took a look at those entries. What made you choose them?

They are almost all Hershey Hinge trades.....lol....

 

[jack hershey]

Quote from rossky:

Jack, I thank you for the entire session.

YVW, my pleasure.

 

[PushPull]

My mentor calls them Hershey Highway trades, in honor of the assholes that took the other side, and from whom we have taken so much.

 

[bogan22]

rossky, pushpull.

do not feed this troll.

Jack has his own threads. Go and argue there with him. Not in this one. Do not let the troll hijack this thread. Discipline...

regards.

 

[The Oracle]

Quote from PushPull:

My mentor calls them Hershey Highway trades, in honor of the assholes that took the other side, and from whom we have taken so much.

one must never give their hard earned money to anyone else..for there is no need to do so..at all

it is amazing how some people think that others are so gullible

i will wait a while longer..but..if it continues..there will a lot of fuks to come

 

[The Oracle]

based on ur previous answers..are we at a low risk entry now..and should we enter now or wait for the next bar..or few bars..or many bars..to decide?

 

[Mysteron]

Quote from The Oracle:

based on ur previous answers..are we at a low risk entry now..and should we enter now or wait for the next bar..or few bars..or many bars..to decide?
...

From the chart as presented only, I'd go long if price rises above the blue box and short if price falls below the blue box. Otherwise if price moves towards either red line within the blue box and changes direction I'd need to see how decisive the following bars were before commiting to trade or not.

BTW as someone who has a mathematical background I was very tempted to respond to JH 's looney tunes pseudo mathematical crap, but decided against it in order to avoid the tusami of BS that would likely follow. I'd encourage others not to respond to him.

 

[xburbx]

With the current way I gamble that trade is not on my radar but it is always good to keep an open mind. Given TOs question about the decision. If I had to trade that the answer is 4 bars for how I trade right now. As far as the response to Jh. I read his stuff with a large grain of salt

Quote from The Oracle:

based on ur previous answers..are we at a low risk entry now..and should we enter now or wait for the next bar..or few bars..or many bars..to decide?

 

[macattack]

Quote from The Oracle:

based on ur previous answers..are we at a low risk entry now..and should we enter now or wait for the next bar..or few bars..or many bars..to decide?

If it opens even or down I'd enter on a buy stop above the last bar (only if it traded down a bit first) with a stop at the low of the entry bar. Gap higher & I do nothing.

Trend is down, but I wouldn't short at this time. I'd wait for a better setup before going short.

I'd target just below the pivot high at the start of the 3 pushes down move.

3 pushes down often leads to a good move up.
Price hit the same low 3 bars in a row & reversed up.