To: Chris who wrote (27840 ) 8/17/2000 8:56:47 PM From: Robert Graham Read Replies (2) | Respond to I have been out of the loop for a period of time. I am now in Michigan visiting a friend. So I have not been paying attention to the market lately. As some of you have probably noted, my last effort in following the price action of the market demonstrated one of my weaknesses that I am working on. That is I get so attracted to the small wiggles, I end up missing or even being blindsided by the bigger moves in the form of broader price action. Intelligently playing the patterns that do show up keep me out of trouble for the most part, but I do tend to miss out on the larger moves. Looking back at it, that day that began the earlier selling had a common pattern. A change in behavior in price, a broad price contraction, followed by a move in the opposite direction of where price was going to end up going. Furthermore, this happened from a type of triangle pattern, if I remember correctly. What was misleading was the extent of the move before the final resolution. After all, we were in a trading *range* at that time. This was the context to evaluation price action in. So I should of been looking at how price can exit that trading range instead of treating the triangle pattern by itself outside this context. Silly me! :-)
