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08:10
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Originally posted by Greynomad73:
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Your suggesting I'm saying there's an equal chance it will go up or down, and if that's how you read my post I obviously wasn't clear enough. I'm saying the chart has made a couple of pattern's suggesting there might be a good trade - if the pattern progresses as it would be expected to. Anyone who thinks there's never a potential for sh-t to happen is a fool and any good chartist looks for the alternative to a positive analysis - so as to be ready to act if things don't go as planned. People who don't have a clue about charting (or trading) read these posts and see only a pot of gold at the end of the rainbow. I'm simply saying the light at the end of the tunnel could also be the train coming.
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so if it goes up what price does it go up to and with what probability? same question with down and sideways? Do the lines tell you that?
