Gator would say LC closed a bit higher, should re-visit the yesterday's highs at 1337
- #36,702
- Jun 12, 2019 11:16am Jun 12, 2019 11:16am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #36,703
- Edited 12:20pm Jun 12, 2019 11:19am | Edited 12:20pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
- #36,714
- Jun 12, 2019 12:05pm Jun 12, 2019 12:05pm
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} hey chaplooking at the larger picture the 112 to 27 bear has been corrected by the 27 to 76 rally which is almost 62% retrace the subsequent drop from 76 to 42 then 62% retrace of that suggests weakness to me. so to answer your question I think upside is limited to to the 76 high atm and downside is favored by me to see a $50 test 23.6% level all May contract {image}
- #36,715
- Jun 12, 2019 1:29pm Jun 12, 2019 1:29pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,360 Posts
When life gives you lemons, make lemonade
- #36,716
- Jun 12, 2019 1:32pm Jun 12, 2019 1:32pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #36,717
- Edited 2:07pm Jun 12, 2019 1:47pm | Edited 2:07pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
{quote} same numbers have been printed for now nearly 6-7 months, each time we have seen a small spike in price then to sharply fall... let's see if today is same or not... 1.1340-50 holding for now... January 11th is a good example of seeing a 30 pips spike then100 pip sharp fall
Cheers!!
- #36,720
- Jun 12, 2019 2:11pm Jun 12, 2019 2:11pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can