ranging conditions
Due to price being under yesterdays value area I am still selling rallies
on move up there was NO volume. NOt sure if this is just lack of buying interest or just lack of interest before FOMC.
Sold off prior resistance. Taking 25 to 40 a time , stops 30 , only the best trades . 2 x winners today
gold took off after stopping vol on 10 min chart. I was playing with that today. also ES had a rest day with a nice up move off globex lows , and broke thru the vlue area of the prior trading day , so suited my rules for playing long side.
Due to price being under yesterdays value area I am still selling rallies
on move up there was NO volume. NOt sure if this is just lack of buying interest or just lack of interest before FOMC.
Sold off prior resistance. Taking 25 to 40 a time , stops 30 , only the best trades . 2 x winners today
gold took off after stopping vol on 10 min chart. I was playing with that today. also ES had a rest day with a nice up move off globex lows , and broke thru the vlue area of the prior trading day , so suited my rules for playing long side.
Dislikedlots of constipation in here.. where was last support... its now resistance.. below it bears still control situation.. we never even passed a baby resistance.. its called consolidation until.. look at a bigger tf. you may see flag.. but then again many see what they want. many times there are flags on this pair. first it was bear then bull now bear again.with or without a pole... it may but 4111 will have to be broken then 4139 for bulls to gain control.. an uphill battle.. unlikely. but not impossible. support at 4054 still there and a bounce from...Ignored
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