Hi Beany, CDA - you may be over trading Beany. Like Jako...

Hi Beany,

CDA - you may be over trading Beany. Like Jako suggests, the longer timeframes, e.g. the Weekly, is probably a more reliable chart to base one's trading on.

On the Daily it certainly gave a good entry on the 6 of April at 2.15, but I didn't take it because I didn't have the funds.

On the Weekly, the Entry, according to my chart, would have been on the 15th May, at 2.20.

Both Entries would still have you in the trade and right now, even after the pull-back you're referring to, I would not add to the position.

Don't be too greedy and be a bit more patient Beany.

I have attached a Weekly Chart with some comments.

Cheers,

soccer