Cutting Losses Early

[Crap Buddist]

Thats steep.......

Perhaps there's some confusion over trading trend over trading momentum.

What is wrong with this picture?

(Platinum)

.



Not exactly a "from little acorns grow mighty oaks " entry

 

[darktone]

Perhaps there's some confusion over trading trend over trading momentum.

What is wrong with this picture?

(Platinum)

.

Nothing if your long! Mind you! that parabolic curve is sure sign to start winding up the stops! .... From 1600 up hairdressers were buying it!:whistling

 

[dbphoenix]

Nothing if your long! Mind you!

But from where? If one enters at the green dot, I suggest that whatever "trend-following" strategy he's following is leading him down the garden path . . .

 

[darktone]

But from where? If one enters at the green dot, I suggest that whatever "trend-following" strategy he's following is leading him down the garden path . . .

If hes long from the green dot then hes been listening to his hairdresser!PA is golden from the beginning 07 bar the wobble at R.

 

[firewalker99]

But from where? If one enters at the green dot, I suggest that whatever "trend-following" strategy he's following is leading him down the garden path . . .

Perhaps from here... breakout on confirmed volume.

 

[darktone]

Perhaps from here... breakout on confirmed volume.

Why wait? The trend is up, reaction off R 1350 was anemic, bounce off previous R turned support 1230, clean PA leading to R 1350.

And this is a weekly chart! I can only imagine that smaller tfs reflected this picture.