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06-11-2008, 06:14 PM
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Hi LTP,
What were you using to look at price action ? Charts or reading material ? Thanks
__________________
"When I die, I want to die like my grandfather - peacefully, in his sleep. Not yelling and screaming like all the passengers in his car" (unknown author) 
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06-11-2008, 08:27 PM
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Charts and candlestick patterns.
I've been looking at strong reversal patterns, and strong continuation patterns and teaching myself to let the patterns form better instead of stopping out and losing more. In a majority of cases, I turned out profitable. One trade I closed to cut my loss and the trade would have never turned profitable. The 2 other big losers did come back if I had let the trade run longer. Trying to get more comfortable of patience, and finding the balance of when to cut losses and when to allow more time.
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