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RE: Some of my trades today..BCH opportunity ETH at Highs..

in #dtube7 years ago

Couple questions for you @quickfingersluc ... Do you adjust your approach at all depending on uptrend/downtrend?...as cracks are much more likely to happen in a downtrend...but it's a downtrend...do you play it tighter? Do you use fibs at all to gauge a likely target for a crack? I've been playing around with fib-trend extension, and it's been surprisingly useful in combination with your trading style....particularly the .272 and .414 extensions. On a respectful chart they've been incredibly reliable for setting my buys before the crack even happens. Uptrends I find more difficult to apply your style. I find that many times I miss out on tasty profits because the crack just doesn't happen. It continues to build new support on previous resistance levels as it uptrends. Sorry for the wall of text. Thanks so much for your time. One of my favorite follows out there.