Claud and thread,
Entered ABTE Monday. . didn't go on entry day. Consistent stop lower close, didn't take signal. Gave it room, not to encourage nonsensical feelings of hope but to maintain current trade buds are in. Stop below 10/8 pivot, consistent rule. Taking exception discussing stops to facilitate consistent signals. Playing trend lol, requisite higher high not in place. If 10/8 revisited it becomes range to 10/8 or 9/1. Risking .25 below 10/8 to play range back to entry, and beyond, longshot odds for .25 after huge loss.
10/8 to far for stop, valid rule, trade doesn't facilitate rule. .25 normal. A point max. Odds favor more risk after trades' profitable.
Mon. gap up, weak 2nd leg to high, close lower near bottom of bar
Tues. gap up, no buyers, expansion fall from open, close lower
Wed. early sellers, likely pivot since close up
Thurs. slight expansion, close near high
Fri. range expansion, close at low ominous, perched Wed's low
Tues and Fri similar open high close low expansions, possible trend? Fri extends swing not counting Wed true extension it recovered. Fri measures and negates Wed, Thurs. range binding all 3. Slightly sloping channel top, slightly accelerated bottom. Larger formations than these 5 bars exist. Last 12 bars requisite higher high in place, intermediate higher low is 10/14/98. Anyone watch price?
Studied chart first Sat. woke Mon. to didja get your abte challenge from buds, impulse trade, fun learning, must stop repeating lessons.
Hope you are well Claud, seeya real soon bud.
Osci |
