Absolute Gold Lory,
"Profitability is greatly diminished by any loosing trades, that is why I like to time the market and limit my losses. If it is not right, then I sit on the sidelines waiting. This is a business, not a game of chance, and thus needs a plan and a business approach."
Lory, what's your take on the DJIA, ST & wider implications?
I have the 50d peaking and a pendant forming with a target of mid 13,000s.
Thankyou in advance.
Hi Riskup. A pendant is a triangle. Height of triangle is the projected target upon a confirmed break. Quite reliable. Apologies in advance for posting "2) Claim some loose technical reason for SP heading south (based on "TA")"
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