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MarcinO
Rep: 67
Posts: 5,506
I will start with Cable. My next levels are around 1.4330 and 1.4110, and should be treated as an approximation as they are derived from a daily time frame.

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6b 2016 05 08 png
JA
JaLee
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Posts: 103
This has been a tough one to read. You're still long bias?
Originally posted by MarcinO

53.50 is my first support.
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MarcinO
Rep: 67
Posts: 5,506
No. After I wrote it was done, I gave up long side bias for today.
Originally posted by JaLee

This has been a tough one to read. You're still long bias?
Originally posted by MarcinO

53.50 is my first support.

JA
JaLee
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Posts: 103
Of course, that makes sense.
Originally posted by MarcinO

No. After I wrote it was done, I gave up long side bias for today.
Originally posted by JaLee

This has been a tough one to read. You're still long bias?
Originally posted by MarcinO

53.50 is my first support.


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MarcinO
Rep: 67
Posts: 5,506
A very experienced traded, like Jim, would call the end of that move about 15-20 minutes earlier then I did here, I guess.
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MarcinO
Rep: 67
Posts: 5,506
Taking into account timing factor, it's more 53 than 53.50 now.
JA
JaLee
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Posts: 103
It was a good call though. I thought they would take out the high.
Originally posted by MarcinO

A very experienced traded, like Jim, would call the end of that move about 15-20 minutes earlier then I did here, I guess.
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MarcinO
Rep: 67
Posts: 5,506
Thanks. It was of these moments when one needs to give their bias and revise plan for a trade, based on price action and alternative scenario.
It is easier to say than do it.
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MarcinO
Rep: 67
Posts: 5,506
53 hit. It may stay there till RTH close.
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MarcinO
Rep: 67
Posts: 5,506
Look at that reaction off 52.25.
JA
JaLee
Rep: 0
Posts: 103
I know, lots of action today. It seemed it would fall and then all of sudden... the reaction.
Originally posted by MarcinO

Look at that reaction off 52.25.
RA
rat89
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Posts: 7,015
you too Marcin