Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Low is in for this pullback at 2373.50 and it will not be breached overnight.
As soon as 2380.25 is printed there will be a flurry of short covering and overnight session will have a big run up.
Long Long Long !! 2378.50 Initial stop 2371.75 (day trade call)
Definitely staying long here. Market looks to be extremely strong and the little pull back this morning was very helpful in giving opportunity for folks to get long.
I will no longer be posting "predictions". I have been doing that as a "just for fun" type of interaction. However, it takes away from the business end of the journal and furthermore, I am usually wrong. So, I'll just post trades and calls with stops like I always have. --For example I predicted an interesting and exciting evening last night and it wasn't. --Predictions involve a time frame like such and such will happen at X time. --There's no sense in that. It would be like trading binary options which are a joke. --Izzy
I may have called the stop too close here, but so far it's holding. Pricing is currently 2379.00 --I never move stops away from the trade.
My view is that the stop would be more correctly calculated at 2267.25 but that's immaterial at this point.
Resistance is really strong again in this 2380 area. Let'clear it this time! --This comment is for Algofy's amusement.
I meant 2367.25--Fat fingers
80 just stands there saying "--don't think so"
Separate names with a comma.