A well behaved orderly move from 10.20am this morning ... watching for a further move to mid50's ... however the move was "too smooth" .. hardly any retracements .... leaves a suspicious feeling with me ... make sure you have good trailing stops to protect your work so far!!
A well behaved orderly move from 10.20am this morning ... watching for a further move to mid50's ... however the move was "too smooth" .. hardly any retracements .... leaves a suspicious feeling with me ...
Well that explains why that S/R number didn't make sense to me!! Good luck with it ageo
p.s- look out spi traders, my a/c with IB should be open and funded by the time I get back from my holiday that I'm going on next month, so ya'll will have someone else to talk to about trading this beast!!
p.p.s- Bronte,I'll try to not spend all of my time making smart a** comments to you when I join in on a more regular basis
Yeah, its the deadtime at the moment. When the big guys start coming back from lunch at 2.30pm then the afternoon trend will start up. If I was still in I would be tempted to close out now at a nice profit and then reenter when the afternoon trend establishes itself.
Yeah, its the deadtime at the moment. When the big guys start coming back from lunch at 2.30pm then the afternoon trend will start up. If I was still in I would be tempted to close out now at a nice profit and then reenter when the afternoon trend establishes itself.
I'm in long with a tight stop as the trend hasn't changed. If not stopped out I'll get out at 2:40 as this is when the next trend change tends to happen.
Hurtfull as i didnt get in @ 4922 (trigger) but ahwell no point worrying about that now. If it does reverse thow it might hammer down, but it looks like it aint goin down!
What a rally ... as if the inflation figures did not exist. ... lol ... yesterday's news today's fish wrapper!!
What is the view? ... will we test (my) next levels at 5004 and 5028? ... well o4 maybe possible, but 28? ... nah!! impossible (today at least).