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Post# of 58706
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BooDog

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BooDog

Re: interloper post# 58670

Wednesday, 12/04/2024 12:57:06 PM

Wednesday, December 04, 2024 12:57:06 PM

Post# of 58706
Thank you. I can see by that I've been chasing bottoms way too early. And it's another lesson about having the patience to let the chart show confirmation in the indicators. LXRX failed and then also had another lower low. Not much of a chance for reversal in that set up imo. I'll pay more attention and wait for a closer set up per your example. Had I waited for the ADX...
I like watching other indicators like momentum and money flow sometimes more before taking a position but that gets me in trouble more often..

Thank you. I need to study that more.


Do your research! Play the TA. All posts are my opinion.
Is fundamental trading dead?

"We hope not." Richard Dennis

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