MR
mreiserer
Rep: 110
Posts: 2,220
can't complain, this was one was fairly easy as far as management goes.
Beautiful trigger where it turned at HOD if one wanted to go short...
Beautiful trigger where it turned at HOD if one wanted to go short...
JI
jimkane
Rep: 3,058
Posts: 33,089
Tomo, the C point of an EXP shouldn't go beyond a 1.272. It can, but the best ones, I find, don't, so I'd be a bit more cautious. The real question is, do you have the Fibs and line here? And do you think it has more room to run up?
TO
tomo
Rep: 110
Posts: 238
well in the mornig I did not expect we can go even here :) But there were nice setups today which I did not trust again :) Even though they were on Lower // with trendlines etc . Witgh exp ABCD I am sure you right ..:)
MR
mreiserer
Rep: 110
Posts: 2,220
this one turned right a the 1.27 and the 382 of the original ABCD, my question is if it's stretched too far already
JI
jimkane
Rep: 3,058
Posts: 33,089
quote:The trigger was awesome. If they bounce it here with a pattern and setup 'wave 2' I'll be looking at it. But I'm still cautious this will end at the HOD. .382 and 1.272 are very dangerous to fight against on a strong trend day.
Originally posted by mreiserer
Beautiful trigger where it turned at HOD if one wanted to go short...