xard777 wrote: ↑
Sat Oct 16, 2021 10:42 pm
If the Orange ZZ line is UP then we are entering a DOWN cycle and want to be trading SELLS only
Quite so - except as we have learned - once more - during the last two days:
If the orange line is up, it may continue up for a while, and a while, and a while, yet...
(Especially, one is prone to muse, if people are waiting for SELLS...)
XARD: That is why we WAIT for a 2nd Dot to appear to confirm change and trade at the cross of the Trend line.
Quite so - you just didn't mention it in your post. I am just being frivolous, so to speak.
People and precision in language, you know what I mean: a never ending story.
(Precision, Language and Logic, 1977)
I have mentioned it on numerous occasions throughout this thread, not to worry, the story is coming to an end and I will be moving on.
Sorry to hear it - nobody here can imagine a thread (world?) without its spiritual leader.