DislikedThis is all a bit suspicious if you ask me. Trending down pretty uniformly all day, following TA to the letter.
Something is wrong.
A brief look at the chart will have us all thinking that the previous low is imminent, but it wouldn't surprise me if we went up BIG anytime. The obvious trade is short, but I don't trust it. Volume has been declining during a period of the day when it is normally higher. Now we're at 63 fibo and doji forming on 15m TF.
I'm out until I can see better.Ignored
- #154,922
- Jan 22, 2009 7:04am Jan 22, 2009 7:04am
- | Joined Oct 2008 | Status: A witty saying proves nothing. | 1,178 Posts
Probability Professor
- #154,926
- Jan 22, 2009 7:41am Jan 22, 2009 7:41am
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- #154,927
- Jan 22, 2009 7:47am Jan 22, 2009 7:47am
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- #154,930
- Edited 8:44pm Jan 22, 2009 7:52am | Edited 8:44pm
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- #154,933
- Jan 22, 2009 8:08am Jan 22, 2009 8:08am
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Patience + Humility + Study = Success
- #154,936
- Jan 22, 2009 8:31am Jan 22, 2009 8:31am
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Discipline + Patience - Fear - Greed = Success