ok that's too deep now, we'll be onto parallel universes next...

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this camel market is giving me the hump...

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joke...

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then you're a lost cause

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General rule of thumb, if you have butterflies in your stomach when you pull the trigger, then you are probably risking too much...

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If you are comfortable with the risk you can operate much more effectively in your trade management...

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I take it that you were kidding, but it highlights a serious point to noobs and also to some old bones...

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Break, pull-back, continuation...

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Also buying/selling as close to sup/res as possible greatly reduces sl distance and therefore risk, your stop goes where your analysis is invalidated...

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lol, but seriously why is that? if you're not joking... maybe you are not comfortable with the amount at risk, if so then you need to scale back on lot size...

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shake outs occur all the time on all tfs...

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Practice and experience, get a feel for price action and then it will tell you if a momentum break out is genuine or not... Also there is nothing wrong with the "drip, drip, drip" approach to equity growth, but as I will keep repeating, you must ...

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you can do those all day long, but must adhere to stop losses, tight risk management and banking available profit is the name of the game in scalping, no time to second guess, those profits are slippery as eels... Of course sometimes price will ...

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a reasonable enough scalp off the descending tl, m1 tf

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just noticed that if we were to make that within next few trading days that it comes close to a parallel channel line drawn across current long term lows and aug 2010's high...

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Chart patterns are very subjective, the best ones are obvious and jump off the chart at you, so if you have to ask then...

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i got that as 50% & monthly r1... above there, 3666 looking like a strong level, res from april last year and very, very strong murrey level, if we get up there (highly unlikely 2b today)...

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orgasmic :nerd::nerd::nerd:

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minor infraction of 78.6% fr @ 3514 of yesterday's high to today's low SO FAR...

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Good moaning...

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