Cutting Losses Early

Thats steep.......

Perhaps there's some confusion over trading trend over trading momentum.

What is wrong with this picture?

(Platinum)
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Not exactly a "from little acorns grow mighty oaks " entry :eek:
 
Perhaps there's some confusion over trading trend over trading momentum.

What is wrong with this picture?

(Platinum)

.
33460d1203000852-appendix-plat01.jpg

Nothing if your long! Mind you! that parabolic curve is sure sign to start winding up the stops! :sneaky:.... From 1600 up hairdressers were buying it!:whistling
 
But from where? If one enters at the green dot, I suggest that whatever "trend-following" strategy he's following is leading him down the garden path . . .


If hes long from the green dot then hes been listening to his hairdresser!PA is golden from the beginning 07 bar the wobble at R.
 
But from where? If one enters at the green dot, I suggest that whatever "trend-following" strategy he's following is leading him down the garden path . . .

Perhaps from here... breakout on confirmed volume.
 

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Perhaps from here... breakout on confirmed volume.


Why wait? The trend is up, reaction off R 1350 was anemic, bounce off previous R turned support 1230, clean PA leading to R 1350.

And this is a weekly chart! I can only imagine that smaller tfs reflected this picture.
 
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