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bmwhendrix
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Today for some reason, I'm thinking of The Monkeys "Last Train to Clarksville"
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A man without a roadmap could become unhinged on a day like today.
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Does this "trendline" have an value in this environment? If you shorted at or near 48, would this line prompt you to exit?
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Well DB, this last chart and commentary has me a bit perplexed. I guess I am as you say, I am not being flexible enough, but I have drilled it into my head to play pullbacks. Now I am feeling incompetent for not buying breakouts from ranges. The pullback on the break up did not allow much room for profit, but the pullback on the break back down was ok. Not quite comfortable with trading breakouts. FWIW. Thanks for the thread, and I am following.
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A question on the dt today and dt's/db's in general. Do you consider a dt still valid if price exceeds it by a tick or 2?
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Not clear if the long was an SLA trade? Yes, due to the DB.