Buck, I'm really interested in the rules that which you trade by. Can you share them please? I won't comment on your robot. I just want to know how you trade so that I can learn something new.

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meh im tired. so much sideways today. got killed quite a bit. see you all tmr.

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Please do teach. I'm much like trading cat. trending I can do... Sideways I cannot. At the very least I'd like to know how to determine what is sideways so I can at least stay out...

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sorry guys. im going long. just coz my system says so. i could be wrong. trade safe always

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no! U!

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Nah no probs I'm used to it. I'm wrong about 60% of the time anyway. Based on my trade results so far. Haha

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@cat Yeh, Charts just invalidated my bearish flag. But I have some issues... Coz it clearly shows an inverted hammer on your charts. But not mine... meh.

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I don't see an inverted hammer on my charts... Maybe you can show me yours? The daily candle just started anyway. It is too early to draw an intraday trade conclusion with a daily candle. All I see on my chart is a big fat long red candle that ...

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descending triangle on the 1h tf. I'm inclined to say it goes down more.

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Erhmnnn, Based on my observations, there is a descending triangle on 1hour tf. A healthy sign of bearish continuation. That is all. lol

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that someone has a shitload of cash if its true lol

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Well said. I do it all the time. Sometimes I'm wrong but it is fine. Btw, Just how big is your trading account? You said you shorted 4 lots. I'm curious

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There is a difference between a flag pennant and wedge. The on you are talking about is a wedge. A falling wedge is a bull signal. A rising wedge is a bear signal. Either way it doesn't matter. I could be wrong. I'll pick up a book later and read up ...

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Im defending it. But at 13570. coz thats where I got my lines.

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You got killed by the gap. Rather, you got killed by improper money management. A 200 pip move is = 60% of your account means you are overleveraged. If I were in your situation, I would have lost 4% on my account. Having said that, 4% is rather ...

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You mean a bull pennant/flag? That is not a bear flag. Tight upper boundary. Higher lows on the lower boundary. Indicates that buying pressure is more than the selling pressure. But... this is done over some really stagnant market movement so I ...

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boring day...

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lol if you shorted 200 lots and the prices only moved by a mere 10 pips, imagine what it took to move the gap 200 pips up. either it is a typo or the downtrend is over lolol

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Actualkly the reverse might be true as well, there could be a lot of orders waiting to fill the upside at midpoint. How are you coming up with a conclusion that it will go down?

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As a chartist, I came to 2 conclusion. These conclusions do not factor in news that I hear on the basis that PA has taken into consideration all the news factor. This is one of the basic believes of techies. You are free do disagree. These 2 ...

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