The 5 minutes chart, buy has not confirmed.
3 minutes chart:
3 minutes chart would generate a buy signal here. I think this is not very reliable on 3 minutes chart for trend play, but good for scalping. We...
Now it is trading around the pivot. The entry price for a long play is when the downside trendline breaks. In the chart, when the white line...
A little ghost formed after unable to break the resistence?
You're right on that chart. The short-term looks good for more upside, maybe next week.
Anyway, the pivot: 665.7 Support 664.5 (the low of the day tested for 30 minutes) First support 664.2 then 664.8 (they wanted to drop to this...
Since last week, the same game has been played over and over everday. Especially on ER2, they would either tank it at the open, or gap it up, tank...
ER2's Elliott Wave chart. http://tinypic.com/view/?pic=fktyd5 Given a starting point, point 1 and point 2, then point 3, point 4 and point 5...
If ER2 closes above 666, it'll have a new trading range.
Nope, shorts bought up the MAs again.
Finally MAs are crossed. I hope it establish a downtrend.
ER2 could easily be pushed to 670 or going down hard in the last 40 minutes. Shorts are buying up on every dip to the 20 day MA line. Too many...
Covered 666.40.
Reverse the trade at 667.
Here we go, break out. I went long 665.50
Flattened at 665.40-665.50. Watching.
I've 664, 663.2, and 662.2 for R3, R2, R1 and 661.3 as the Pivot.
Went short 666.30, this is the major resistence area. Stop at 666.70.
Out 665.80. Waiting for the ultimate drop or breakout!
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