I want price to go toward the bottom tz or low zone. I’ve waited 3 days for a shorting opportunity because of how hard it ranged between top tz and bot tz. when the stop hunt came every conventional indicator said to buy but it was too close to the top tz without having to take care of some business south.
the mid zone is a pretty nice target also even though the H is to big to show it you can see black in front and behind the super huge bar between conf bot and conf top. i will be waiting to see if it can break mid :)
in hindsight i could have done a multi position and closed half out at mid
-
This reply was modified 3 years, 8 months ago by
Lowphat.
-
This reply was modified 3 years, 8 months ago by Lowphat.
-
This reply was modified 3 years, 8 months ago by Lowphat.
“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all
your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of
money at tops and bottoms.”
– Paul Tudor Jones
