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Re: tradenride post# 88548

Thursday, 05/30/2019 8:10:23 AM

Thursday, May 30, 2019 8:10:23 AM

Post# of 156804
OK, for the record, your support is not at 6. It's not just about price support, it's a break of the ascending daily trend. If you even PIERCE that trend, it's heading lower. But you have to know what that line is.

Second, I was pretty clear about the importance of the 5 Day. Closing below it now leaves you in the weakest state, as you are already heading lower. You will not have a run until you close back above it. And that's easier said than down. Otherwise, it will pull you lower every day that passes. Think about it, how are you going to get a run when you are now weaker than the past 5 days?

Instead of the commentary, maybe pay attention to things like that. They will make all the difference in your trades going forward.