Daily LC *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

Daily LC *PIC*

Hey Everyone,

Without going into much detail, I'm a longtime lurker and quite honestly didn't know enough to add anything to the forum. I've studied charts, read books, donated to the markets and finally got serious with my homework. I've finally reached a point where I don't care what anyone's market opinion is. My homework and a few rules work for me, a simple speculator.

My last LC chart I mentioned a correction was possible. Price was at the Monthly channel line. Today the Daily channel line looks to be holding. On the chart below I have a long term objective noted. Will we go there? Jesse Livermore once said... Prudent speculators never argue with the tape. Markets are never wrong, but opinions often are. This retest of the highs will answer the question.

Messages In This Thread

Daily LC *PIC*

Re: Daily LC

Trouble Ticket Forum Policy

Return to Index Read Responses