Morning gang! Hey Akola, go back to the globex thread and youll see the explaination of your last trade! page 4 and 5!
if any bodies piggybacking this trade ,take ur money now and run... nice scalp.. im just going to get alittle crazy here on a hunch!
Nice call on that cycle ,eh Margie?
now , im hoping the proj. is from 990.75-985.50 which will only work if 985.50 is not touched again!
That would give what... 999.25 or so? id tend to exit earlier of course .. gotta check the averages and cycles now!
ok, thats the 5 min boll avg(993) the 54 avg is 995 so ill chicken there
reason i dont hold many trades , now i got to sweat this down draft which is probably the back half of the cycle which will take it to 999?
quite a bit at 994 area to get above for the moment
that is also the big volume area from the last 30 min bar
remember , use price proj. cycles and the tech indicators! The tendancy is just to rely on cycles, or just rely on proj. and thatll work a lot ... but not always!