Welcome to NexusFi: the best trading community on the planet, with over 150,000 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 -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The ABC held to the tick (I was not precise with the placement, close enough). I have bought into the low side of RTH value, edge of ETH, seeing if this flag/pennant will see continuation.
On the other side, the high of the monthly bracket was tested and could be a major top, so ready to bail at any moment.
Post Close EDIT: That trade should have been good. When it wasn't, that said something significant. The day went very tight rotational to finish NonTrend.
30 seconds to K. Price is dead flat in RTH value. Experience says go long, gut says go short.
EDIT: I chose short. experience said to buy the ABC, buy the edge of value, and none of that was working for me. Range was getting tighter and tighter. I had come back from a negative day, and decided not to let that scare me out of another trade.