I just checked in and saw there was no topic for the week yet, so here it is.

2 ticks shy of up 40 off the pre-market low, but up 41 off the actually low, which may be the one that it is using. Not bad. I'm liking these 40 and 50 point straight shot moves. Nice for trading.

finally got the positive macd divergence on uvxy 60

1.5240 is an extremely stron resistace area.
I don't think it will hold overnight, given wider context for the Pound.

And it didn't. Pound made it to 1.5290.

1.5340 may pose some troubles on the way to 1.54.

Great place to react of.

33 was a nice backtest. Let's see how it unfolds.

It's ready to continue to the upside, I guess.

My thinking is that we will see the Pound around 1.54 today or tomorrow.

Well, it did hit 89.25, so that's okay. I got the read into the area, and pretty much for the move up. The morning made the move right to the posted area, the move down was in nice waves that followed the principles. All-in-all a pretty good day for trading, in my opinion.

Originally posted by jimkane

I'd like at least 90, preferably 92-93.