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MR
mreiserer
Rep: 110
Posts: 2,220
What a drag
JI
jimkane
Rep: 3,058
Posts: 33,089
Great trade, M.
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...
TO
tomo
Rep: 110
Posts: 238
Nice chat room here. Can it be EXP ABCD here?
JI
jimkane
Rep: 3,058
Posts: 33,089
1.460 ext ret of the ABCD, to the tick.
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:
Originally posted by mreiserer

Beautiful trigger where it turned at HOD if one wanted to go short...
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.
JI
jimkane
Rep: 3,058
Posts: 33,089
We had the same thoughts exactly, M, look at those timestamps!
MR
mreiserer
Rep: 110
Posts: 2,220
eventually I will learn...
MA
Mats
Rep: 100
Posts: 262
Yes M, Jim 15 pages nice to follow thanks !!

Mats