I realize right now it's going down - so is gold - but... Bombs first in the Swiss and now the Russian embassies in Greece. Terrorists attack oil pipeline in South Yemen (don't know how important this pipeline is) http://www.reuters.com/article/idUSTRE6A11TK20101102 http://af.reuters.com/article/energyOilNews/idAFLDE6A11HA20101102
Price action traders out there, do you like to exit at a certain targret or do you like to wait till price confirms demand coming in (if short) before exiting?
Hey blox, GM, it depends whether the trade is with trend or CT. Yours was counter, so I would be looking for the reverse via PA
L83.76 Out at .82, action wasn't working for me; maybe weakening as you say kid Edit: And as I reflect, the entry was not as strong as I liked...