Nearly Naked (Simple Trades)
Retail sales news out of NZ may give us a lil shake and bake action waiting till then and the candlestick afterwards to get clearer picture. I agree wit ya marc we got wave 5 down comming soon! ( I think )
I only have one more short position that I'm holding. The other three TP's were hit so I've moved the S/L down to 9020. That will still give me 187 on the last position if it gets hit.
nice !
Just dropping in to say hello to my favorite traders! I'm not into much lately-trading wise. Hope all is well with everyone.
Wasn't trying to snub ya Marc!
Sometimes you just gotta take a break for a while.
a/u is in a classic battle of differing thoughts. Some feel a deeper retracement should occur while others feel the selloff should continue. Kind of like republicans and democrats, lets see who wins the majority
Agreed.. bit of an arm wrestle in 8930-70 zone last London/US session.
TBH.. I thought it would get lower but the stall convinced me to close out another 1/4 of my position and move to a tighter S/L.
Still looking for another good entry, maybe next week. Long or short doesn't matter; I'll wait and see. (although I'd like another short to 8850-8737 if I get an opportunity)
GL
