Dislikedi just took a short on GJ.
i must be drunk.
i dont know.. i felt like this .from GUIgnored
I've been drunk holding Shorts from the 198 area It may be a while before I'm sober...However, I see a fall back to 201 ish over the next week.
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Dislikedi just took a short on GJ.
i must be drunk.
i dont know.. i felt like this .from GUIgnored
Dislikedheck, but a brave short will make u lots of money now, i want u to take a look at GU h4, tell me what u seeIgnored
Dislikedi see a high potential of H&S formation on GU, that might drop GJ all the way down, but hey, i've been WRONG before about H&S formations....Ignored
DislikedMonthly 5 sma is around 208.90 area .. might be a good spot to short .. if i t gets thereIgnored
DislikedWell, the markets certainly seem to be in denial about the state of things. Amazing how even "bad" news can be viewed as good if it isn't "too bad".
...Ignored
Dislikedpkimnyc per your request,
Here is a 4hr chart u, I think it speaks volumes. . .
From this chart u can see various things going on, specifically how one could get into a trade at the bottom and sell at the top and vise versa. Pay close attention how the ZLS and ZL MACD bottoms/tops out.
Then notice when the 5 SMA crosses the gann hi/lo and how that correlates to the ZLS and ZL MACD. Lastly, you might want to study divergence as well. . . notice how price was steady going up and the ZL MACD was going down on that 800 pip move up, classic entry to sell current position and look to get short. . .
This information is free for all do what u will with it!Ignored
Dislikedpkimnyc per your request,
Here is a 4hr chart u, I think it speaks volumes. . .
From this chart u can see various things going on, specifically how one could get into a trade at the bottom and sell at the top and vise versa. Pay close attention how the ZLS and ZL MACD bottoms/tops out.
Then notice when the 5 SMA crosses the gann hi/lo and how that correlates to the ZLS and ZL MACD. Lastly, you might want to study divergence as well. . . notice how price was steady going up and the ZL MACD was going down on that 800 pip move up, classic entry to sell current position and look to get short. . .
Also, notice how on this 1,000 pip move up how price had bottomed out close ar'd the 15 area on the ZLS. . . classic buy entry and hold. Typically on the 4hr chart once ZLS cross from the bottom the move up is good for at least 33-500 pips. But in this case I would flip to the daily to see what it is doing. If it too has crossed then this move would good for further pipage esp. if price is above daily hi/lo gann.
Also, notice on the 600 pip move down how price went back up a bit but the 5 SMA and gann hi/lo stayed apart and never crossed back up, this is an indication that further downside in forthcoming. . .
Couple this with other TA methods and you'll be trading mostly winners in no time. . . More importantly, notice that this was just 7 trades collecting 3,200 pips over 16 days. . .
This is why set-ups are so great if you have patience. I also hope this answers question by some members on this thread how one can get into a trade at the bottom and top. . .
This also shows you how you don't have to sit at the computer everyday and trade. That's a clear way to gain pips and lose them right back and some. . .
This information is free for all do what u will with it!Ignored
DislikedQ,
Just to confirm your view ..
So you're saying it would get to 209.40 area and if today's close is below it, might be a good area to short?
Note: I already shorted @207.83 .. a bit nervous tooIgnored