january week 1, page-74

  1. 426 Posts.
    gday jako i dont use pitchfork's never found the them to suit my trading ,you asked me >
    "Is this what you were looking for ??"
    well it doesnt tell me anything. are you suggesting to buy in this area ? now im sure putting some lines on a chart drawn correctly looks good but if it doesnt offer you anything but assurance because a line is there that its a right decision to enter ..at the end of the day the market doesnt care about our lines it will do what its going to do anyway.the other thing with TA, its important to map what other traders are seeing you imagine that everyone is reading the same page in the same book...

    back to EXS its boxed so no upwards or downward movements no buyers or sellers..i wouldnt buy at this area its lost support after today it seems we have spinning tops and pin bars suggesting indecision to me 36c is the logical area to enter it R turned support it the LTL as well as 50% fibb retractment .

    all that to me is how you should read a chart but once again in my opinion ...



 
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