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I wouldn't say permabul I just have a long bias so even if I was expecting range trading I would still concentrate on taking longs at the bottom of the range and closing them at the top but not taking shorts. I think having a bias based on the long-term charts gives you an edge and keeps you out of bad trades. I could change my bias if I saw bearish developments in the weekly charts. |
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I perfectly understand what you mean notouch.... overall trend context... could you share some charts (maybe on a diferent thread, this is doc`s thread) of your long term trend determination bias... it would be nice to learn that... cheers Walter.