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urbanowiczlucas1903
Great. The one time I finally decide I should start investing and join this program, I blow everything by being a being bearish on your call and invite. Wew, thanks.
Don't get me wrong, I still think we're in a bearish market but I was led to believe this would be a far more serious downside, instead every SL I set is hit and I'm down more and more and more, barely have anything left now. hoping I can save up some dollars and try again soon.
Last updated
michael221
I still think the below projection WAS met. Both by target, and according to the projections. It even said reached, and the price bar had entered the box.
michael221
urbanowiczlucas1903 said:
Great. The one time I finally decide I should start investing and join this program, I blow everything by being a being bearish on your call and invite. Wew, thanks.
Don't get me wrong, I still think we're in a bearish market but I was led to believe this would be a far more serious downside, instead every SL I set is hit and I'm down more and more and more, barely have anything left now. hoping I can save up some dollars and try again soon.
Only use the projection software in conjunction with normal TA and research. The software was calling for a downturn since summer (if I recall) and it only happened in January, eventually I realized the software couldn't be counted on in this extraordinary market situation. The projections are only generated by price action, not vice versa. So it takes for stocks to drop to a certain point for the software to generate a target below or above. So theoretical example: if SPX is 4500, and and price falls under 4400, then software will generate projection to 4300. It's easy to fall in the trap and think "oh we going to 4300" but if price action goes back to 4400, then the projection was for nothing.
rickjendz64
Today's close of 4590 ended at a .618 retracement of the initial decline (4818 to 4222). Let's see if can exceed this resistance level. If it does, maybe we go to new highs. If not, we could see another decline, to lower than 4222.
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Great. The one time I finally decide I should start investing and join this program, I blow everything by being a being bearish on your call and invite. Wew, thanks.
Don't get me wrong, I still think we're in a bearish market but I was led to believe this would be a far more serious downside, instead every SL I set is hit and I'm down more and more and more, barely have anything left now. hoping I can save up some dollars and try again soon.
Last updated
I still think the below projection WAS met. Both by target, and according to the projections. It even said reached, and the price bar had entered the box.
Only use the projection software in conjunction with normal TA and research. The software was calling for a downturn since summer (if I recall) and it only happened in January, eventually I realized the software couldn't be counted on in this extraordinary market situation. The projections are only generated by price action, not vice versa. So it takes for stocks to drop to a certain point for the software to generate a target below or above. So theoretical example: if SPX is 4500, and and price falls under 4400, then software will generate projection to 4300. It's easy to fall in the trap and think "oh we going to 4300" but if price action goes back to 4400, then the projection was for nothing.
Today's close of 4590 ended at a .618 retracement of the initial decline (4818 to 4222). Let's see if can exceed this resistance level. If it does, maybe we go to new highs. If not, we could see another decline, to lower than 4222.
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