I'm still in on my original short - playing #1. Went to +11 and the retraced.

The System II (Yes with irony)

What do you mean by follow through Paul?

The System II (Yes with irony)

No, I can see what I thought now. the 2 was at 14758, the 3 was at low of second bear candle and then the next closes higher. I still entered too early though, even if that thinking is right. WHen you have a moment I'd really appreciate knowing your ...

The System II (Yes with irony)

Thanks for responding Paul

The System II (Yes with irony)

IN the 123 series - the third bear gives us a 2 - and, oh yes...bit premature...

The System II (Yes with irony)

I went in short at 4745

The System II (Yes with irony)

Hi PAul, Did you actually enter at 4736 or a couple above it? I'm spectating this at the moment and envious you're successfully in?

The System II (Yes with irony)

It took all day to get up here and somebody wants it to stay!

The System II (Yes with irony)

Deploying #1

The System II (Yes with irony)

Nearly had seven bear candles there Deano.

The System II (Yes with irony)

Just gone short at 14715

The System II (Yes with irony)

I understand now - I thought your were long on this one. Good luck man!

The System II (Yes with irony)

Informative chart - looks like you got lucky. Thanks.

The System II (Yes with irony)

Look for post 3031 TP - it's two defensive strategies to survive the price retracing on your position with a minimum of damage. Something, as it happens, I failed to my cost to implement effectively today!!!

The System II (Yes with irony)

Awesome piece of trading JPlo.

The System II (Yes with irony)

Hmmmm. Haven't conducted a scientific analysis on this one - but I've found a few examples of eight bear candles, nine, eleven and a couple of sevens. Would be nice if it was true though....but I'm respectfully skeptical.

The System II (Yes with irony)

We've had a pile of news that nobody knows what to do with. Back to the 123 imho.

The System II (Yes with irony)

your posts are gold dust mate

The System II (Yes with irony)

I'm a raw recruit Benkm - I lost patience and expectancy! Applause for staying in. Looking good and risk free.

The System II (Yes with irony)

I'm out at BE

The System II (Yes with irony)