firewalker99
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Strange
I really wonder why everybody is thinking of shorting again...
but it's been a familiar pattern the last couple of weeks I guess.
I took +30 from two obvious longs (each +15)... seemed like the path of the least resistance
I really wonder why everybody is thinking of shorting again...
but it's been a familiar pattern the last couple of weeks I guess.
I took +30 from two obvious longs (each +15)... seemed like the path of the least resistance
Next obstacle the 13500 if we get through this then 13440 should be good.
normally see a move around 5pm....unless they all still eating hotdogs on Colney Island
could time an egg by these guys
Not much resistance at 13500,13440 still looking good.
firewalker99
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Next obstacle is 13470 need some momentum to go through.
Cycles...
You're right FW the low to high is the common use but some traders also look for turns at highs to highs too... i.e Bill Mclaren..
Hi-low or Low-Hi are probably more significant but often high-high or low-low are good places to look for counter trends at least ... according to my understanding .. which is not perfect.:cheesy:
Incidentally, as you may know, Bill is looking for 90d cycle high from March 14 lows taking us to June 12th I think...
Rgds
HS
You're right FW the low to high is the common use but some traders also look for turns at highs to highs too... i.e Bill Mclaren..
Hi-low or Low-Hi are probably more significant but often high-high or low-low are good places to look for counter trends at least ... according to my understanding .. which is not perfect.:cheesy:
Incidentally, as you may know, Bill is looking for 90d cycle high from March 14 lows taking us to June 12th I think...
Rgds
HS
Pat494
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normally see a move around 5pm....unless they all still eating hotdogs on Colney Island
That may be the end of that little move down as the 1min has definately turned up ,
but not the 5 min yet
firewalker99
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at the time you posted that, I just exited half of my long actually
It's nice to see traders make money both ways.
Well done on the shorters today.
firewalker99
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you not in yet? oh... this would be a late and uncomfortable price level to go long... actually even more like a short
firewalker99
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Pat494
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at the time you posted that, I just exited half of my long actually
It's nice to see traders make money both ways.
Well done on the shorters today.
Hi FW
Slightly worrying if you are exiting your longs just when I was thinking of jumping in !
