My long trade is the assumption that the breakdown on the log chart is a false breakout. I trade based on LOG almost entirely, but there is a mixed bag of data here that leads me to believe it is worth considering both metrics (log vs arithmetic). Many traders dislike trend lines - this is just one of those reasons among many. The way I deal with these situations is to analyze them horizontally and see which levels are violated from there.
From the horizontal perspective price is at an attractive symmetrical level as shown in purple. I am a cautious buyer here. My stop is relatively wide because $5.4 per pound ($54 per 100 weight) would still register as a buy.
From the horizontal perspective price is at an attractive symmetrical level as shown in purple. I am a cautious buyer here. My stop is relatively wide because $5.4 per pound ($54 per 100 weight) would still register as a buy.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。