shugParticipant
Junior
think we must have had our screens upside down earlier on
shugParticipant
Junior
Looking at it now I’m glad I went a walk !
How you mean, price bounced off weekly support (green horizontal) to bollinger mid then did a retrace to about 68% then continued up … all looks disciplined?
shugParticipant
Junior
88 trades done today now, surpassed the 500 trades (wooooooo hooooooooooooo)!
Think I’ll take a week off
I didn’t think it would have dropped that far, I’m no good at predicting big moves, just as well I scalp
JSParticipant
Senior
Formation of a “nice” resistance line around 12,640 in the Nasdaq…
shugParticipant
Junior
Got my eyes on the 1 hour chart wall st (us30)
JSParticipant
Senior
Stay short for now…
Don’t see opposite signals… (momentum, breakout)
shugParticipant
Junior
Your doing well (holding that position)
One of the things I can’t do!
Probably why I scalp.
shugParticipant
Junior
JS Can I ask your reasoning behind the trade? just curious
Looks like just support resistance?
JSParticipant
Senior
That’s right, support and resistance… and other patterns such as double top/bottom, head–shoulder, etc. the well-known technical analysis…
JSParticipant
Senior
I was confident about the resistance line in the previous screenshot because it had been confirmed so many times and that is important to me… I need to see multiple confirmations before I enter a position or possibly turn…
Looking for an exceptional situation and slowly…
shugParticipant
Junior
Sounds like good thinking!
patience pays off well done m8!
JSParticipant
Senior
According to the hourly chart, the fun could be over…