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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (11414)2/7/2001 12:37:41 AM
From: Trader X  Read Replies (1) | Respond to of 12039
 
Micheal, thanks for the chart.

Very nicely done, with arrows and descriptions, reminds me of the Arlo Guthry tune Alices' Restaurant.

seriously, I enjoyed reading your trade. I think we're getting some nice discussion going around here.

Now, if anyone ever agreed with one of my posts, I'd faint.
I think my style must be different than everyone else's here. I tend to be a strict TA constructionist, and my trades are of the swing variety rather than day trades. So while I'm looking for confirmations, you guys are in and out of two or three trades.



To: Michael Watkins who wrote (11414)2/7/2001 7:17:44 AM
From: Monty Lenard  Read Replies (1) | Respond to of 12039
 
"More than once I've seen a big move go through my stop limit and move down 3,4,5 or more points, only to instantly reverse"

Been there done that. :-)

Looks like you also had a Tweezer Top at the end of that Falling 3 Method.

Monty


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