Rom wrote:Of course, when arrow is up it means a long trade.
When I feel bullish I skip downside breakouts.
The fact
you choose to take a bullish stance on that pair doesn't alter the fact that
technically on
that timeframe, the current bias is quite clearly bearish/neutral.
You stated 4 posts back that (& I quote you) in your assumption the trend on your 4-hour chart was bullish:
Rom wrote:I assumed bullish trend most places, on Gold, Silver, EURUSD...
I strongly disagreed with you & pointed out why.
If you don't wish to accept someone else's view on something, then don't mention it in the first place.
It will save an awful lot of trouble & wasted effort.
I for one don't appreciate wasting my time debating the finer points of trend identification with someone who is clearly unable to tell one technical direction from another in relation to a very specific timeframe.
I don't doubt the core strategy has merit & as with any other technical style, folks will trade it differently according to their own criteria.
The way you choose to trade it wouldn't even make it onto my minimum requirement list, but then it doesn't really matter what I think – after all, different views & stances is what makes a market.
On a sidenote:
I'm beginning to understand why the guys on the
Combination Strategies thread no longer wish to enter into any further dialogue or commentary with you on this forum.
Your general attitude & manner is very stubborn & argumentative.
It's quite obvious from your posts that you're a novice to this environment & your understanding of even the basic technical structures is poor at best. Yet you continue to argue & remonstrate with experienced professionals, regardless of the fact you haven't got a clue what you're talking about.
I'm adding myself to the list of those who no longer wish to engage with you on this board.