Today in Commodities: The Commodity Train Is Leaving the Station [View article]
You're just about 50 day moving avg as support, not a bad entry point, could have said watching this two days ago as an entry point. then you don't look bear but waiting for the right entry and showing you are watching. point out set stop bit below 50 day avg. have prefered entry below the 50 up against resistance. I think you may have made right call and it is a good entry point. But, seeing it develop beforehand and saying waching for an entry point in next couple of days, would have come across better. In no way am I attempting to be hostile.
You're below the linear regression line of over 200 days, so overall that's good. not a bad trade, but I think you'd test the recent support line in a couple days (maybe) yesterday it hit the 50 day moving avg, so that would be a clue for today to watch for. as your support and entry for today. A bit more detailed, but when you change your tune bear to bull without talking set up for the trade doesn't sound well thought out.
I only have gold on my chart.
I thin entry on the 50day would be good
On Jul 22 04:40 PM Matthew Bradbard wrote:
> How so...maybe because the markets change everyday and as a trader > you must adjust??
Today in Commodities: The Commodity Train Is Leaving the Station [View article]
You try to pick entry points and exist points. if you thought there would be a pullback yesterday, I think you should stick with the call for a couple of days. One method is jumping on the bandwagon, the other is reasoned. that's how it comes across. bull one day, bear next
On Jul 22 04:40 PM Matthew Bradbard wrote:
> How so...maybe because the markets change everyday and as a trader > you must adjust??
Today in Commodities: The Commodity Train Is Leaving the Station [View article]
You're below the linear regression line of over 200 days, so overall that's good. not a bad trade, but I think you'd test the recent support line in a couple days (maybe) yesterday it hit the 50 day moving avg, so that would be a clue for today to watch for. as your support and entry for today. A bit more detailed, but when you change your tune bear to bull without talking set up for the trade doesn't sound well thought out.
I only have gold on my chart.
I thin entry on the 50day would be good
On Jul 22 04:40 PM Matthew Bradbard wrote:
> How so...maybe because the markets change everyday and as a trader
> you must adjust??
Today in Commodities: The Commodity Train Is Leaving the Station [View article]
On Jul 22 04:40 PM Matthew Bradbard wrote:
> How so...maybe because the markets change everyday and as a trader
> you must adjust??
Today in Commodities: The Commodity Train Is Leaving the Station [View article]