Sean what resistance do you expect it to bounce of before it heads of for 96.10.
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DislikedJoeNY -- never said its manipulated. It actually in some respects is simpler to trade than forex etc. You either know what your doing, or have a little bit of luck... or your like road kill. I'm going to wait for next swing low, and see where its at..... $98 or so seems solid support {image}Ignored
DislikedOk so price is stalling. No point in losing all gained on last contract for a few points to the green line. All out cause GREED KILLZ! Will trade this all day using Price Action off the lines. Good Luck.... Hey, no throwing up for me this morning... {image} {image}Ignored
DislikedFirst Big Circle. I call it the squeeze off the cliff. (Too bad I'm sleeping at 2am) Little circle is a perfect text book pin....right off the cliff... (Too bad I can't get the F up in the morning and missed all the action.) Maybe we can get a buy off one of the lines although my bear skills are better. Buying's for suckers anways... I may be turning to the Dark Side for Good.... I enjoy selling more. SELL! SELL! SELL! Luke, I am your Father! The puzzle is growing. {image}Ignored
DislikedJoe thanks for the explanation your horizontal lines along with the trendlines have helped me immensely I now see my chart in a completely different way and I have a better understanding of what is going on. ie When to enter and exit also to bail if price stalls which I did not do before. As you said it is a puzzle until a person gets their head around it.Ignored