ELN neckline break
It ain’t rocket science folks. Look for the pattern, and apply sensible r/r to the trade. The pattern may fail, but the discipline must not. Control the exits and you control your financial future; regardless of what the critics say. Troll’s will try to discredit the truth and blur your vision, always with alterior motives. But charts don’t lie; people do. Trolls and liars go on ignore with no comment. Block out the noise; and wait for those moments when the mouse is in the air. Who knows if the 16.20 entry will be a winner yet. Very early days. But with sub 1% risk and a nice upside target one can afford plenty of attempts to nail the perfect entry while the stock is demonstrating short-term bullishness, which ELN has been doing.
Loading...
http://img408.imageshack.us/img408/6018/elnjune28iv2vs.gif
admin - June 28th, 2006 at 2:37 pm
[…] Since the last 2 ELN setups (1st producing +4.9% from great entry) price has fallen away substantially now (-7%), reinforcing why it is wisdom to take the breakeven stop instead of holding in hope. I mean why watch a perfect entry with immediate green turn ugly red by 7%? No reason to do that at all. It only gives the ELN Yahoo message board bearish trolls reason to scoff and make fun and humiliate; stuff trolls love to do. And the bottom line is that if you’ve actually done that you probably should put the boxing glove on and firmly give yourself an uppercut. […]
Technical Trades » ELN approaches price support - July 11th, 2006 at 3:32 pm