It seems your trade didn't do so well. What happened?
tradearcher
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Nope. It happens. That is why you obey your rules and stops.
ekoronin
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yes I understand you got stopped out and got out but I was asking why do you think it did not go as planned, what market conditions played? For all to learn something new.
tradearcher
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Exact market conditions unknown. But I did call a bearish MACD crossover too early, since it never crossed.
vlad.adrian
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Can you explain your thinking process? I don't think an emoticon on the chart explains it.
tradearcher
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Sure. MACD diff > 0 but decreasing, implying selling has been slowing its ascent. The near doji on 2/5/2015 and its following bearish candle implies a reversal to some degree. How much, the market will decide, but retesting the gap up from earnings is not beyond its bearish move. Also the histograms on TA-MF are decreasing, implying some investors have decided to take profits earlier due to the volatility of the markets lately.
vlad.adrian
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Well I think you should do this with all your charts so other users can understand your thinking process :)