SP
SPQR
Rep: 0
Posts: 519
I think I'll fade 90.50 and target 81 for s&g. Bears stood aside three sessions. One voice today methinks.
BR
BruceM
Rep: 216,211
Posts: 19,895
cool Joe..this is where my last measly contract will come off......if the trading Gods allow it....
quote:
Originally posted by CharterJoe
Targeting 83
BR
BruceM
Rep: 216,211
Posts: 19,895
just bailed on last at 84.25..not worth hanging around for the last bit for me....
BR
BruceM
Rep: 216,211
Posts: 19,895
we are also heading into the top side of that "p" formation from Wednesday so it may hit support....either way it's not worth it on a Friday/holiday week
CH
CharterJoe
Rep: 4,475
Posts: 2,352
I agree....Next weeks a new month I wonder how its going to effect my calls on the monthly profile??
CH
CharterJoe
Rep: 4,475
Posts: 2,352
I'd say most of the time the value area, but it all depends on market dynamics i.e. every day is different, should be looked at as a whole.
BR
BruceM
Rep: 216,211
Posts: 19,895
Will you explain why you took this trade? Yes you will.... hopefully.........besides the retest of the Value area low of course...perhaps that was it....
applied knowledge is power....knowledge alone is not enough!!!
applied knowledge is power....knowledge alone is not enough!!!
quote:
Originally posted by SPQR
Did I fade 90.50? Why yes I did. Is 81 still my target? Why yes it is.