Hey, great chart. I learned a lot. Would you adjust your re-buy level allowing for it slightly over-shooting your target to the next pivot resistance level?
CristoJaraba
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@matgavaghan, Thx for your comments and appreciation...
And yes.. always safe... rebuys are triggered only after confirm new rise...so always i put them slightly over my targets
@CristoJaraba, To be clear, do you still think it will pull back as low as 658?
CristoJaraba
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@matgavaghan, im not sure.. that's why I use small amounts in the swings of this kind of long trades..
But it possible that it gets to 66327 for a rebuy.
Im observing all the time..
And my points are mostly referencial volumen geometry
matgavaghan
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@CristoJaraba, Thankyou, it seems I'm learning because I came to a similar estimate 66327 using retracement.
I plan to ladder down the fib levels at varying amounts. Am I correct that you would suggest to ladder UP the levels once it has turned.? Thank you for your help and your time
CristoJaraba
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@matgavaghan, Plz share us your ideas.
Thx to you for your comments !! this become more fun when we can help us...
And to answer ur question.. yeah.. its a real-time decitions many times.. sometimes its just where we have seen before.. but for that we need to be observing