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simplegreen

02/14/14 2:54 PM

#128152 RE: boca_bobby #128151

BTW bobby..and anyone interested in what I just posted using my zigzag method...this will not guarantee that wont have a bad trade if a sudden burst outa nowhere trumps it...that can happen on any setup...but..what it will do if used properly and with discipline is keep you from adding to a bad trade til the chart says add I have had a few go against me on first entry tho its rare..but have not had second entry fail...it keeps even bad trade entries manageable so breakeven or even profit may be seen from the overall position.
With this method I never enter on a bottom or top..I only enter on the countertrend and zigzag setup..."tops" and "bottoms" dont always tell the truth..but countertrend action is banks way of tipping their hand to me so its the countertrend action I use to decide...not price..and not a top or bottom.
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Joe1984

02/14/14 7:49 PM

#128162 RE: boca_bobby #128151

very possible.