Tweet ***** Once again I want to reiterate that, from my experience, patterns tend to be relentless and therefore they win in the end. If you wish to fight them do it with caution. I don't claim that there are no exceptions and detours but eventually they do win out.
I remember a couple of years back going through the same arguments with the chart on AAPL where many comments were to the upside and I kept seeing a need for a completion to the downside, once that hit, the longs were correct, but it took a couple of weeks to play out. I guess what I'm trying to say is that it's not about being right it's about following the laws of "nature". So don't become impatient, look for the reason why a run is not acting your way, there is something there on the charts which may open your eyes.
Happy Trading, Living and Dancing
The Daily Pick - $AAPL
©DayTrading with Anni 2007 - 2013 All Rights Reserved
You drew up the chart basically how I would draw it.
Post a Comment