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Tech/a on Technical Analysis

Some new ones with GUD

Ill check the others Bi Weekly
From now.
 

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if I may pick your brain @tech/a, do you have an opinion on this retreating breakout?
upload_2020-2-19_14-1-47.png
My inclination is to expect it to bounce off that previous resistance that would become a new support.
 

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Thought Id move some of the analysis and trading discussion back here.

Have you ever found a chart like THIS and thought BUGGA missed it!
Im too late to the party??


Late .gif


Want some ideas on how to minimize risk and still get a piece
of any up and coming action?
 
Hi Tech,

I know you are probably getting sick of me by now .....but........but....... :thumbsdown:

I am not sure if you have been looking at it, but CXL is at an interesting point.

bux
 
Hi Tech,

And thank you again for taking the time to answer and pass on your experience, I will leave you alone now for a while ;) .

It has been for me a very interesting Month so far .......lost some of my gains toward the end of last week ............. but now I have said that..... it has got to turn to poop :thumbsdown:.

It will be an interesting start to my week, and I hope yours too.

All the very best

bux
 
Hi there, why do you let your winning trade become a losing one? Shouldnt you not be setting stops to protect profits?
 
Hi there, why do you let your winning trade become a losing one? Shouldnt you not be setting stops to protect profits?

Where do you get the idea that there isn't a stop in place.
I dont think your understanding the SETUPS shown in the charts above.
They are pre cursors to POSSIBLE trades. Haven't followed up on any of them in this thread
so if your looking at current charts then no doubt some would have triggered a trade and
that would have had buy and stop criteria and some wouldn't have triggered any trade.

Further Im not a fan of setting a stop only to passively watch price fall to it, I like to Ratchet
up my stops dependent on price action after a trade is triggered.

My apologies to all for not following up.
 
Where do you get the idea that there isn't a stop in place.
I dont think your understanding the SETUPS shown in the charts above.
They are pre cursors to POSSIBLE trades. Haven't followed up on any of them in this thread
so if your looking at current charts then no doubt some would have triggered a trade and
that would have had buy and stop criteria and some wouldn't have triggered any trade.

Further Im not a fan of setting a stop only to passively watch price fall to it, I like to Ratchet
up my stops dependent on price action after a trade is triggered.

My apologies to all for not following up.
I meant to reply to the person who posted above me about going in the red after having a green month. I like to sell half my position into strength and then will trail my stops for the remaining half of my position if it works in my favour.
 
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