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Re: jmbar2 post# 10826

Wednesday, 12/05/2012 1:46:48 PM

Wednesday, December 05, 2012 1:46:48 PM

Post# of 15662
Computers are trading and they use many charts at same time and trend lines for supports or resistances!

They are always testing these lines!!

The other thing is they know all buys and sells and how many of each!

So if very few bids! They will push down to a support!

They know also what is shorted and what is not!!

So computers are playing each other! Like chess.

And we follow emotion they do not!!

So that is why one must have a fail safe in big boards!

If my sell did not hit this AM then my stop loss on 15 min chart would have been in play! I had it set at $0.806 this AM. This is on the 50MA trend line.

In pinks no stop losses as MM's will seek those out!!

GLTA


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