I stand corrected,
DIGdid fill its gap yesterday before quickly
taking off again, so it didn't make a breakaway gap but did make a
breakout from its downtrend. Today it gapped out of a
month-to-date rectangular base.
Trades are winning trades or losing trades precisely because of
price action. Therefore your preference for following price
action does not contradict the traders' aphorism to sell your
losers and let your winners run.
Posted by dallahoo on 21st of Aug 2008 at 01:26 pm
I was referring to your earlier post where it felt like I was
being lectured about the terminolgy of gaps that can be found in
every dime-a-dozen TA book
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well this one got back
dig
Posted by dallahoo on 21st of Aug 2008 at 09:43 am
well this one got back in the gap, look at 15 minute chart
I stand corrected, DIGdid fill
Posted by martin on 21st of Aug 2008 at 11:36 am
I stand corrected, DIGdid fill its gap yesterday before quickly taking off again, so it didn't make a breakaway gap but did make a breakout from its downtrend. Today it gapped out of a month-to-date rectangular base.
I 'rather make money by
Posted by dallahoo on 21st of Aug 2008 at 11:47 am
I 'rather make money by looking at price action, not prasing text book definitions
Trades are winning trades or
Posted by martin on 21st of Aug 2008 at 12:14 pm
Trades are winning trades or losing trades precisely because of price action. Therefore your preference for following price action does not contradict the traders' aphorism to sell your losers and let your winners run.
I was referring to your
Posted by dallahoo on 21st of Aug 2008 at 01:26 pm
I was referring to your earlier post where it felt like I was being lectured about the terminolgy of gaps that can be found in every dime-a-dozen TA book