Esyn
NO way.
I've posted many times I trade on targets. When I posted I would change my good till closed swing buy from 50 cents to 55 cents the end of the day, that's exactly what I do.
Because, looking back the last days, since I opened it, the PPs has channeled between 60 & 55 cents. The patterns I've been following for the start of the gaps fill above, was based on block orders going away, they have.
Then the DMI indicator & the volume reduction reaching my expected personal entry points. (ADX cross increasing while DMI- decreasing & volume reaching under 300k), hoping the PPs would reach the lowest expected price, I could expect getting it at.
The DMI/ADX & volumes are one day away from expectations. And block orders stopped, so I lowered the GTC buy to the 55 cents support figure, this afternoon.
This is a game of nerve, (hard headedness) will I get what I want or will the gap fill start before? I already have a plan ahead plan, which will include the highest price I'll pay to catch this expected run.
That plan will not be activated until I'm sure the original plan will not happen. So here I sit 5 cents higher then yesterday. Waiting for the rest of my expected plan to play out. But weather I get what I want in plan "A"or plan "B"., I'll be swinging the gap fill play and buy/sell at planned targets. Either plan!
I already know exactly how much I'll gain or loss for both plan "A" & "B". Don't care where the PPs actually goes from they, I will have reached MY PERSONAL GOALS !
MY PERSONAL TRADING STYLE ! Let the price come to you, you don't go to the price. If I miss my plan "A" and it emotion gap runs so fast, that my plan "B" targets don't close, I'll let it go. Plenty of other plays out there!! And emotion gaps fill 95% of the time, so the PPs will come back for a second go round some time! LOL
Planning, a wonderful thing!!! Emotion - BOO.
News 
Market Data 
Discover 
