tag:blogger.com,1999:blog-3951301688349492388.post5330685539626986791..comments2023-09-16T16:17:06.646+02:00Comments on Only The Momo.: Day's Anatomy- 29th October 2012James Edwards-Marchehttp://www.blogger.com/profile/08729606707965946825noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3951301688349492388.post-66586490184374170942012-10-30T13:48:30.429+01:002012-10-30T13:48:30.429+01:00A comment! lol.
Agreed with your reasoning with r...A comment! lol.<br /><br />Agreed with your reasoning with regards to the lower highs- that's why the first attempt was better...higher highs and higher lows established along with favourable "pace" within the move down into that missed trade as compared to the prior mini sell-off.<br /><br />Hopefully, 20/20 hindsight can help us improve our foresight though!<br /><br />Thanks for following along!!<br /><br />MM James Edwards-Marchehttps://www.blogger.com/profile/08729606707965946825noreply@blogger.comtag:blogger.com,1999:blog-3951301688349492388.post-32889431498094762082012-10-30T12:51:23.854+01:002012-10-30T12:51:23.854+01:00Not too sure on your second trade (-5.9) - multipl...Not too sure on your second trade (-5.9) - multiple lower highs pushing down after a precipitous drop. Would be a bit risky for me, especially considering the distance from the previous low before 10.00. An indecision point with price likely to go down as well as up.<br /><br />I do like your second trade, though. Quite nice price action, with a higher low after PA fails to reach previous lows. Good potential for a decent gain when PA goes your way. Another possible long when price spikes down just before 16.00 but doesn't reach the previous lows?<br /><br />Hindsight trading is always 20/20!<br /><br />Really enjoy your blog. Keep it up!scalpyhttp://scalpy.comnoreply@blogger.com