who cares who is selling, page-36

"What if you didn't buy at 3.8 because you thought it looked too weak or because you didn't want to buy before seeing a reversal?"

Well that opens up so many other questions...

Why were you unable to identify 3.8c as a crucial support level?
What are your expected return levels on a short term trade?
What is your strategy for a short term trade?
What is your risk level?
Do you use a stop loss to minimise your loss?
Do you trail it with a stop loss?
How do you decide what is a tradeable opportunity?
Do you only buy on a true reversal?
Do you use a weekly chart or daily chart?
Weekly chart offers a true reversal but the action is delayed compared to the daily action.
How long do you intend to hold after the reversal has been confirmed?
What is your 'get out' strategy?
What indicators do you use to buy and sell with?
What is your risk appetite?

3.8 hasnt changed as the crucial 'downside' number.
Is buying at 4.0 or 4.1 to much risk if using 3.8 as a key number?

The question posed is an open ended question with no real definitive answer to it.
However some of the questions that i have posed would be questions that you may ask yourself before you decided on your trade...


Cheers