So... here it is... and I figured if this was going to do something it would look something like what I drew.
one thing I have learned is that if the trade doesn't do what you want... and it Muddles... GET OUT..
Maybe it is double bottoming or something ... but why not play it over 24 after it builds a base... cause it's either building a base or it's going lower...
2 comments:
Good point. I drew a similar graph last month
http://tinyurl.com/l9c5uo
...and it did not go as expected. One of my major flaws as a trader is holding certain things too long. I do this less than I did, but still a major problem.
I was thinking 24.60 as an entry, but I'd have to look at the stoch.
all we have today... is Maybe a "Small" Wunderbar....
we still have about 4 more setups to go till we can make a "Top"
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