YM Traders

Forgive the intrusion of a noob with silly charts containing superfluous and subjective geometry. :-)

I just wonder if we might struggle up to 600 (cash) tomorrow?

Am from "the other place" ;-) but have been enjoying this thread too. :)
 

Attachments

Quote from frugi:

Forgive the intrusion of a noob with silly charts containing superfluous and subjective geometry. :-)

I just wonder if we might struggle up to 600 (cash) tomorrow?

Am from "the other place" ;-) but have been enjoying this thread too. :)
More...

Hard for me personally to read your charts.

Maybe a bit of color could help, I'm used to identifying resistance as red and support as blue.

Plus you have the trendlines which interfear *I know how they work, but just too many for me to figure out*

I'm still new, so, my opinion probably doesn't count, but, hard for me to read your charts in the end, but I'm sure someone will be able to help you.
 
frugi,
just looking at the bigger channel you see that point A doesn´t make it all the way upp to the upper channel line. this clearly indicates a possible trend change if you just look at the channel as you probably now. but i think it´s a little to optimistic to try to speculate on whats going to happen tomorrow just from that chart, it´s better if you zoom in to a smaller fractal and draw the channels there. also add volume to the mix, helps clarify things.
 
I made a really bad trade yesterday. Yes, I am such a great trader that I rarely do make a losing trade that I feel actually good about losses, since they do make me feel "human"...

Indeed, a very rare occurance. Thus feel free to have fun at my peril.
 

Attachments

You must log in or register to reply here.
Back
Top