been out for a while. got long this morning. My previous chart analysis turned out busted. I like this second retrace though. And although I'm usually in for a few hrs, I might take this one a few days. 1 lot @ 62
ok, here is my usual artsy fartsy crap. If this doesn't turn into a channel here (and judging by our president's rant this morning, it probably won't), this is the most likely scenario according to the all knowing me ^_^ See resistance @ .3050 (duh) See resistance @ .3100 (duh) See resistance @ .3150 (duh) Nothing new to report. However, It seems that downside risk is minimal. Check out those green trend lines. If we can break .3050 (which I suspect we will by 11AM Est), then we won't have much to worry about, eh? :-D Comments welcome.
looks like we got smacked down at 50! Hoping non farm helps out a tad tomorrow. These last two days have been BORING!
Ok, I'm building a huge short position here. Even if we have a breakout, this has to pull back some before it does. And if we're in a channel, well, it's time to go down. Either way, we're headed south IMO. My short term (5m) and long term (1hr) charts are pointing that way. Too lazy to post charts, but my bed is to mid 20's here.