Discussion in 'Trading' started by mgrund, Apr 17, 2013.
Keep shorting Au... I can see 1287 as a level
No entry or stop level?
Looks like it was around 1373ish at the time of your post. Nice.
1363.92 now- I am staying short looking for a target of 1294, lets see how it pans out
Given that we did retrace up and failed to make a new low (and are close to the original call level -- I do understand you might have been adding to a winner, though), might I ask if you have a stop level?
That sounds pretty reasonable -- short term downtrend resistance just failed.. It held at first, nice down move (figured we were good to go down) then quick reverse and pop.
1378.x another possible resistance. I don't like it, we are spiking up.. bad for bears. It probably won't hold (i.e. it will likely keep going up).
Talk about a clean little consolidation. Yummy.. let's see if it trends upon break.
Buy buy buy from now 'till Autumn ( fall )
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