Market should be in a stalling cycle with little up move maybe to 126.25 or 126.38 until Asian session. Looking for humpty dumpty to have a great fall tonight into tomorrow morning.
I'm sure Mark is waiting on the further up move before we see those famous 2 and 4 lot sells come out
Market should be in a stalling cycle with little up move maybe to 126.25 or 126.38 until Asian session. Looking for humpty dumpty to have a great fall tonight into tomorrow morning.
I'm sure Mark is waiting on the further up move before we see those famous 2 and 4 lot sells come out
Ignored
Ya, just a slow ease into it. No reason to be in a hurry, it rarely works out that timing is perfect....just ease into it. The thing we DO know is that we are back in a downtrend.
I noticed that you do not have a stop. If I understand your strat correctly, wouldnt you close positions if price breaks up and out of the currently upper green TL?
Also, if price does not rise any further and starts to fall will you add you 2 and 4 lots respectively or just leave your current positions and not add to them as market goes down?
I noticed that you do not have a stop. If I understand your strat correctly, wouldnt you close positions if price breaks up and out of the currently upper green TL?
Also, if price does not rise any further and starts to fall will you add you 2 and 4 lots respectively or just leave your current positions and not add to them as market goes down?
I noticed that you do not have a stop. If I understand your strat correctly, wouldnt you close positions if price breaks up and out of the currently upper green TL?
Also, if price does not rise any further and starts to fall will you add you 2 and 4 lots respectively or just leave your current positions and not add to them as market goes down?
Ignored
Yes, if I get about $1K in the Red and I see a definite breakout of the channel I'll close the positions. However, everyone must recognize their own "pain threshold". I've been trading for quite some years, so mine may be different from others. My assessment is that we are in a strong downtrend, and it has resumed.
Sorry guys, I was under the impression that the "Shi Channel True" indicator was the property of the developer so I hadn't posted it out of respect for him. As it turns out, it's OK to post it, so here it is!
