Yeah it would have done it. Why wouldn't I have folded this one this time - it's a visual aid but the 2 MA (OMG!) didn't cross and there was no break of a low. No I wouldn't trade an MA cross. Continue to hold or fold this? Given the supply I'd be inclined to fold for 10 and wait I think.
I don't know why I'm sitting here doing this instead of just trading it today, apart from the fact I'm also wallpapering at the same time so not fully concentrating on it. Maybe it's a Friday thing. I thought it would be a good exercise anyway.
Later edit, another 10 on the break: madness
I know everything is pointing up at this point but I really don't know if I'd have taken that one until the supply I'd seen was broken. Hmm.
A fresh start! Doji's Trading Journal
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- newscalper
- rank: 1000+ posts
- Posts: 1068
- Joined: Tue Oct 19, 2010 5:58 pm
- Reputation: 7
- Gender:
Well, been waiting for a long but so far I haven't seen anything trade-able, just a load of sideways movement, could be accumulation but I'm well aware of the levels both below AND above, maybe the big money want to take it lower first?
There's a possible breakout to the upside but...is it going to go very far?? Hmmm
There's a possible breakout to the upside but...is it going to go very far?? Hmmm
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- newscalper
- rank: 1000+ posts
- Posts: 1068
- Joined: Tue Oct 19, 2010 5:58 pm
- Reputation: 7
- Gender:
- dojirock
- rank: 1000+ posts
- Posts: 1921
- Joined: Tue Nov 17, 2009 10:11 pm
- Reputation: 726
- Gender:
- Contact:
Just charts for learning,....from last weeks trades....
doji
doji
- Attachments
-
- roomentry.gif (44.24 KiB) Viewed 2478 times
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.