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Joined May 2016
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Status: rollin & pipin
|379 Posts
Wave 3 happening I think, heading towards previous high of 107. My tp was reached earlier when price rose up quickly & now looking to re-enter but not sure where. I fear a retracement could happen anytime so will probably wait for that before long again. Might be waiting a while though lol!
{quote} My double for long sits @104.2 as i wrote. You can join me there.
Ignored
Hey buddy, sorry for my ignorance but what do you mean by 'my double' for long sits at 104, I'm still quite new at this? do you think it will retrace that far to 104, which according to my fibo is 50% now.
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Joined Oct 2016
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Status: I UN-QUIT Trading again...
|407 Posts
bulls are holding on here where it looks like some support may materialize, however, they are likely to be shaken out before any move up, so I'm looking for the capitulation around 104.45 and it's moving there pretty fast. OTOH, the support may be only partially penetrated here and a bounce may start at 104.55, in either case, I'll be waiting for a wide, volatile pattern to form and then be tested before I consider entering long.
big money makes big moves and then hides during small money chasing.
stack trades or to 
for a quickie 30 40 pips ....
