The price broke above 209.00 then came back to test support level 208.00. Long positions look good on daily chart since the price has not closed above 208.08 since Feb 27th (prior to May 28th). I will enter long on the break of 209.50. I am avoiding entering on 209.00 because we got a 150 pip bounce from the 209.00 break on Friday May 30th. 210.50 looks good to T/P or if the momentum is strong, I will move my S/L to B/E and mentally trail my stop 75 pips; target 213.62. I don't trade with stops unless I'm away from my computer usually. Too many stop hunts in my past. Just this weekend it looks like my broker manipulated the price by 70 pips. On my real time chart, the lowest price for today is 207.79 but my broker dropped the price to 207.00 at 3:30pm today. Just another word to say to everyone DO NOT PLACE STOPS AROUND THE 00's and 50's.
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