prochargedmopar wrote:Huh?
Another word that traders across the world use to describe Price action, Technical analysis, Rock boxes, Mightyzone/zlines, errrrr what are those "close boxes" or something IgazI is talking about? hahahahahaaha
The price closed at $25, $35, and $45 during the last three periods:
keeping in mind that you generally trade a line chart after there is a lower high or higher low, what are the important prices here?
What if I remove the price of $35? how does that change the entry? it doesn't.
What if the prices actually moved in that exact order, so that there was no lower high? that doesn't change anything either, as a new high without a LH is even more bullish than a new high after 1 or 2 lower closes.
Strip all of the chrome off a car, remove seats, figure out exactly what you need to go from point A to point B; that's all I'm doing here.


