Cable, gbpyen
In the words of 'Red' in the 1980's 'Nam flick Platoon :
"I gotta bad feeling about this one Bob.,..."
It's MPC rate week - so I'd just sit on your hands - the MMs et al are more than likley sucking in the punters as the trends have gone (thanks Nic, great article btw). The boss points one way and the worker the other and the 20/50 trap is set too - patience is called for me thinks!
I like hammers/stars to be at the ends of really big moves up and down, not just poking out of consolidation areas. The rally from the lows could have been tied with the US Indicies rallying late on and recovering the losses after a 3day US break - but I bet the exuberance will soon peter out.....
I prefer to fade the cable pin, but that's just me..
In the words of 'Red' in the 1980's 'Nam flick Platoon :
"I gotta bad feeling about this one Bob.,..."
It's MPC rate week - so I'd just sit on your hands - the MMs et al are more than likley sucking in the punters as the trends have gone (thanks Nic, great article btw). The boss points one way and the worker the other and the 20/50 trap is set too - patience is called for me thinks!
I like hammers/stars to be at the ends of really big moves up and down, not just poking out of consolidation areas. The rally from the lows could have been tied with the US Indicies rallying late on and recovering the losses after a 3day US break - but I bet the exuberance will soon peter out.....
I prefer to fade the cable pin, but that's just me..
Trade less and become more profitable!