Let's see...
{quote} Your post, plus Ata yelling "sell!", was what changed my mind this morning and made me close my longs almost near the top of the range. Otherwise I was stubborn in my own mind wanting to hold until 1.09. Glad I closed them or else I would be very irritated with myself right now. I didn't actually open a new short and participate on the way down, just took my profits and sat on the sidelines. I generally avoid trading on heavy news days like FOMC.
Bears need a little more to bring to the table 0780 - S1 daily & 100 daily ma then they should exit fast, I believe that the bull can make a differene at this level today, but if we get a close down and below then more downside will come.
{quote} Patience... slow and steady wins the race... That said, of course the Cup & Handle is also still valid... Despite the fact that my bias is still bearish, the closer we get to bear targets, I am switching to a more careful selling style... At these levels we must begin to stay alert like watch dogs! Best wishes
I appreciate everyone's efforts! Especially (Ata-Turkoglu) (pedro319) & (Js3mwtRc) Stay Blessed
: don't buy just yet.. patience... even ~1.0715 area is possible.. keep selling.. stay short until all bear targets are reached and properly retested... I appreciate everyone's efforts! Especially (Ata-Turkoglu) (pedro319) & (Js3mwtRc) Stay Blessed
