Chart Discussion Thread, page-99

Down ramping is a stupid term used by noobs. If you've spent anytime reading HC you'd know that most people on the forum are bagholders, they buy and hang on all the way up(if they don't buy the top that is) and all the way back down, no one sells because of people's posts on here. As a position trader, I don't care about a few pips, I wait for the right setup so "down ramping" would be of no benefit to me anyway.

If you look at my post yesterday, I showed the little ascending triangle setup but after watching it today where once again a run on what seems to be good news just got smashed back down(second time in a week), I don't think this has legs ... I'll continue to watch it and see what happens and if it sets up right I'll buy but I doubt that's going to happen