G/U is quite confusing right now. You could say that it just retraced down to the inner fibs of the swing set and now could move up with a long, but when it went up last time, it retraced to the inner fibs of the intraday which indicates short. I guess the intraday fibs probably trump the swing fibs, but it's just too confusing now.
I've pretty much found in vhands, it's best to wait for the best setups. Don't be too anxious to get into a trade. Once you are confident in this, you only need a couple or three trades a week to be successful. I think Thex has already figured that one out from what he was saying the other day.
I've pretty much found in vhands, it's best to wait for the best setups. Don't be too anxious to get into a trade. Once you are confident in this, you only need a couple or three trades a week to be successful. I think Thex has already figured that one out from what he was saying the other day.