tbe, I get you totaly. But unfortunately I'm not a Warren Buffet type that has $10.000.000 to invest over a ten year period waiting on the FA to work. I'm just a short term swing trader. And my bread & butter are these short term swings. You may hold for 3 - 4 years and I may hold multiple times. The diference is while your holding on the retraces I have my money placed on a moving position. I've included the two charts above to show you what I mean.
Got the bounce of resistance. The resistance was also the top trendline. See analysis above. So I wasn't looking for, nor expecting anymore than what the chart gave me. When the chart is ready to give me more I'll take it. I'm not here for the long term, just the profit.
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