Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
5 min bar buy signal
15 min bar sell signal 30 min ago. Market is higher since signal by .25
No sell signal has occurred on hourly or 4 hr
So, given the info I just passed on concerning different frames, which direction should we favor?
Now for my purpose, I am looking at trade staying above 2277.00 in order to feel comfortable still. I will be moving that comfortable upwards as we go. Ultimate stop remains at 2261.00--Price is currentl 2291.75 .Staying long
Range between signals continues to decrease as the day goes on making it difficult to trade the 1 and the 5. In these situations you need to look at 15 and hourly and above and either stay with you trade or just get out.
That being said, there is still a buy signal on the 5
I tend to think that there will be a final push into the close to get us closer or arrive at 2300. We'll see.
96 at the least should be in play today. (We're at 93 now with roughly an hour to go)
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