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发表于 2016-6-26 02:28 PM
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本帖最后由 thunderpark 于 2016-6-26 02:53 PM 编辑
chinesebuffet 发表于 2016-6-26 01:16 AM 
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Not every TA draws lines like you, that's why I seriously suspect the strength at these assumed support levels. They are just for entertainment, not for real battle. Most TAs are drawn to indicators much simpler and effective. TA is most effective in telling the strengths of the market in either direction, rather than the target levels(due to divergence). Friday is not the day I tell the strength reverse. Positive divergence occurred well before that. Friday was just the confirmation and acceleration to the market's destiny. Until the indicators change, I won't say the downward move is over. Tell the target level now is too earlier and foolish to me. We will just read the indicators day by day and cash in on daily basis on the read. Will keep adding my UVXY bet until the indicator says it is over. No all in now, but gradual in with small segment along the trend until it shows overbought.
Remember, greed is the reason of failure, fear is the reason of losing the true opportunity. Executing based on TA while controlling the greed and eliminating the fear is the key of success in this market. |
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