Less is more...
- #2,642
- Dec 4, 2014 11:19pm Dec 4, 2014 11:19pm
{quote} Chart looks good saoldric but I don't think we'll see 150 before the end of this year.
{quote} what part of this says short? I dont recommend shorting in a strong bull market like this...counter trend trading is for people that know how to define high probability trades/risk management and at the moment, the only thing I see is 5-15 pips counter trend on the minute charts. its not worth the stress. wait for a setup and take it, not before, unless you feel like taking a high risk gamble. if 148.50 holds, we should see 150 in at least a week. {image}
Believe your right, till proven wrong. Doubt is the greatest enemy.
- #2,644
- Dec 5, 2014 3:47am Dec 5, 2014 3:47am
{quote} ty, any particular reason you think it will either consolidate more or turn bearish? it would be awesome if you could share your charts.
I think today will be very decisive, one way or another.
- #2,645
- Dec 5, 2014 4:13am Dec 5, 2014 4:13am
{quote} Please see chart, there is a powerful bearish reversal pattern on the Daily, highlighted. In my view there is potential for double/triple top at 149 region. I think today will be very decisive, one way or another.{image}
GL and green pips
Believe your right, till proven wrong. Doubt is the greatest enemy.
- #2,648
- Dec 5, 2014 6:39am Dec 5, 2014 6:39am
- Joined Jul 2013 | Status: Trader | 1,731 Posts | Online Now
New high close on hourly, is today the express bus to 150? {image}
Moreover, a break to 150 and the close above 150.80 can cause the pair to rally towards 152 levels in near future.
{quote} Agree with you
Soar on my wings, you'll touch the hand of God, he'll make you King.
- #2,655
- Dec 5, 2014 2:38pm Dec 5, 2014 2:38pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
I missed top of channel, too bussy with other trade.
- #2,660
- Dec 6, 2014 8:59pm Dec 6, 2014 8:59pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street