From my experience, this kind of price action usually breaks through after a while and continue down (whether that be 20 pips or 200)...
Probability Professor
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DislikedFrom my experience, this kind of price action usually breaks through after a while and continue down (whether that be 20 pips or 200)...Ignored
Dislikedrazzle frazzle - that goes against the newtonesque opportunism which I use
better watch my parking meters here
it's only 90% perfectIgnored
DislikedA close below the h1 50sma and 62ema spells death for longs...
Daily close is crucial though...Ignored
DislikedI just entered a long myself at 4680 but I have to say... if the daily closes like this... new lows are on the way...Ignored
DislikedStill think there is life in the old dog yet
I am tempted to say that if it doesnt recover, I will show my botty in the co-op window in Trenchtown - but that would be a little rash
So I wont - its looking as 'krank wie ein pappagei' at the moment (sick as a parrot)
300 pips up and then 300 down - crazy baby crazyIgnored