in a , and it's difficult, at best, to
see the 3 wave subdivision in each leg but, it sort of fits.
Trying to hit the top, of course, can be a dangerous game
and usually just lucky if you succeed ~~~~~
Guess I'm feeling lucky, but not without caution
with hard stops and an alert for the
to provide a trigger for my entry.
Without benefit of hind sight, what would have been better ?
Granted, the over throw of the Gold trend line was much more
than I had anticipated, the 1.618 area of the two waves has given the
market "pause" at least for now.
To me it looks like I just did not place my stops very wisely for a
market that was/is in almost a parabolic blow out.
So, don't hold out on me. I'd much appreciate sharing your
thoughts on where a better entry point would have been placed
and why, too.
Thanks for your thoughts !!!!!!
evening star that almost formed around 000 GMT, but it failed in
the last 10 minutes or so, called it a day.
The bad news: A reasonable shooting star formed at 700 GMT
while I was sawing much needed Z's.
As should be expected this turned out to be a good study
in the "luck" that is usually needed to pick a top.
A re test of the highs or a B wave may trigger a short
entry more worthy of consideration.