Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
There's the 2nd Chance entry from the 1200hr EIA NG Storage Report.
Its too bad I decided to call it a day when I did cause I had to go to Mississauga to pick up work related stuff.
I'm starting to think a 15m close is the signal to watch for a Trend Line confirmation compared to the 5m for the intial close outside of the Trend Line.
2nd Chance should use an aggressive Best Fit Trend Line break of either the 5m or 55t chart.
Can you help answer these questions from other members on NexusFi?
Its interesting to see how each redrawn or removed trend line affects the overall picture.
I had forgotten that not every trend line break is a trade. I need to remember that moving forward as the last couple of trading days, I had forgotten the rules for when to redraw and remove trend lines and my charts got pretty messy and confusing.
