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Ronin
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Here is what you ALL missed by Over-analysing : " Frankly, there isn't anything new or revolutionary when it comes to technical analysis. However, there are different ways of interpreting the same raw data that we all use." The pristine guy gave you a simple uncomplicated straight forward way of looking for a trend change in a daily chart. So what do you all do? You all got off the subject bickering with each other like little children posting several subjective and unproven statements. This is why I don't come back to this forums too often. Most subjects and topics turn into arguments and useless analysis paralysis !
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Cool, no hard feelings, keep the good work.
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Right, whatever. When you learn to make precision entries then you can start to have more tight stop loss. But if you keep critizising others and don't learn from them then you will never achive that level of efficiency. Don't over analyse the trade, keep it simple and seek presicion for less risk. Hope you learned something today.See you at the Bank, lol
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I think you are looking for confirmation of a trade and you are looking at too many indicators at the same time that is why you odviously missed this reversal and will missed many more in the future. I keep it simple and only risk ONE POINT per each trade.
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Understood , the levels were posted and the description was also posted and the reason for the trade was a reversal, simple. You are trying to get more reasons for the trade when there is none, other than already explained , so what is your problem? Have you ever seen a reversal before? If this is only a swing trades thread , then I apologize, but I have seen others post scalp trades, so why the scrutiny ?
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Long from 1366.25 and added at 1367.50
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There you go , the levels posted worked and the trend reversed, Did you learned anything ?
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It does in my method of trading , works for me so don't judge it if you don't have a clue what your talking about. It worked like a champ so your argument doest hold.
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Buying 1.50 to 1.25 pts pullbacks now ...
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1367.25 is both the Globex Open and the Prev Day Close : Long 1366.25 and 1367.25 target is 1368.75
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1367.25 is a low risk buy
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Should be good resitance at 1359.50 to 1360
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Both trades worked as expected, sometimes price action is very predictable.Took only one tick of heat on that last one. Pat myself for precision entry...
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Well , looks like I got my money back so far , trying to exit at I B Low
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Long pullback to 1344.50 , Looking to sell 1346 , 1346.25 was the Prev Day Last Hour Low
