| dmswil - 1/28/2026 08:45
Explain that to someone who is dumb. Hi dmswil,
You are not dumb. Its just a term I use to use a zone of likely flame out of a move higher. It has to deal with context and market structure. I mentioned it here #mce_temp_url# a couple weeks ago when the world was ending here.
I am just reminding people that it is there incase they have gotten caught in the headlines. Your risk is 2 cents lower for every one higher from the lows. So your risk is about 94 cents currently.
There is time, its not today I don't think. But I have been told if I don't tell you on the day it doesnt count so.....do what ever you decide is right. But if you didn't like 11.80, and you don't like 11.00 - maybe you will like 10 better? IDK
Take care
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