BLVN

Will now wait for gap close at 82.80 here. No need for chart.

Food4Thought wrote: Remo,
apologies, I don't mean to upset people but like yourself, I have strong views regarding my TA.

My systems work well as I am sure yours do, however let's both agree that there are many ways to skin a cat and perhaps refrain from qualifying each others posts going forward.

F4T

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dude your quite offensive if im being ohnest.
My point is there is more than one way to trade and you cant base every thing on one method alone ..that is being blind. You cant just follow every thing you read as being gospel. I point out that there is more than one way.

[/quote]

Fair enough mate

Remo,
apologies, I don't mean to upset people but like yourself, I have strong views regarding my TA.

My systems work well as I am sure yours do, however let's both agree that there are many ways to skin a cat and perhaps refrain from qualifying each others posts going forward.

F4T

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dude your quite offensive if im being ohnest.
My point is there is more than one way to trade and you cant base every thing on one method alone ..that is being blind. You cant just follow every thing you read as being gospel. I point out that there is more than one way.[/quote]

"pure technicals" never really work on "non top flight companies" but risk/reward often does....I got this wrong as I was witing to get in at "chancer entry" but my 84/85p target was hit and I would have sold there and then tried again at 75p with risk around 71p.....for now I'll continue to be a chancer and see if we get a cheeky retrace in a month or so....short termers should watch the 20 day and uptrend channel, med termers should watch 50/200 day and chancers should watch Debbie does Dallas!

I see value in the lower red line around 66p now (but If I was in I'd be touting 72-75p support no doubt)

Food4Thought wrote: a gap by definition is a window

Remo, not all TA plays out as you well know. Showing something that didn't play out is no proof of validity of a point of view.

No offence, but I think that you try to be a little too clever with your TA and as this is your site others pick up on it and may think it the most commonly used.

You need to determine what most market participants do and use and then prioritise that. Using obscure techniques is IMO useless in reading the markets because others are doing otherwise.

Just my opinion
F4T

dude your quite offensive if im being ohnest.
My point is there is more than one way to trade and you cant base every thing on one method alone ..that is being blind. You cant just follow every thing you read as being gospel. I point out that there is more than one way.

heres just an example of the gap fill method.
Remember there are so many ways of trading .No one way is perfect.