- | Joined Sep 2006 | Status: just another tough day in Africa | 204 Posts
Eish!
If you don't fly with the eagles you'll scratch with the turkeys
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DislikedBears bracing ourselves for this Bull ride.
EG
PS
There are risks jumping in and out. Take responsibility for your decisions. Must have a solid basis for engaging in a jump in and jump out scenario. JI/JO is strongly not recommended. JO is better specially for losing Positions. But NEVER a JI in A RUSH.Ignored
DislikedGBPJPY
Retracement has pierced and overlapped 233.87 by going up to 233.93
Could be just wave 2 now inside C5333. This means that IF this is truely a continuation of the Bearish move, then this is nearly 78.6% retracement for a Wave 2.
EGIgnored
Dislikedwas experimenting and checking on Linuxtroll's Scalping procedure and noticed that if I use a line graph which is an average price of the candlestick, Wave 4 inside the C5333 may still be valid up to 233.97.
EGIgnored
DislikedTrendline Broke..
The herd must have gotten bored and let go of their guard.
Time for the Bears to Pounce and Race this.....?
Watching this retracement now.
Waiting to break lower than 231.28
First Support is @ 233.27
Mid-Primary and Secondary Support @ 233.03
Secondary Support which could be strong is @ 232.91
Going lower than 232.91 could see price attacking 232.10 towards 231.87
Lower than these.... Following Levels to watch for:
231.50
231.25
230.47
229.69
228.71
224
EGIgnored
DislikedI say, Praise the Lord. Patience pays off. The EW Counts somehow paid off with the supplemental help of the various systems.
Closed al my shorts for now.
Entered a Long Trade at 232.75. WIll be nursing this.
Got out with profits and I am very happy.
Looking for a retracement towards 233.09 before continuing its move down.
EG
PS.
Added a 2nd Long @ 232.65Ignored