Some Trades

market looks to be drifting up. Demand is exceeding supply. Long 4447
stop at 4440

 

sellers came in and gained control.
stopped out of long

 

opening move was demand exceeding supply. Traders willing to pay the ask
This could just be a small retrace.
I'm long 4447.5
stop at 4437.5

 

stop and target set.
Trade the behaviour.
demand is exceeding supply as the prices are going higher.
However, it could turn on a dime without any warning.
One can't know whether a down move is just a retrace or the start of a big move down.

 

Profit target hit for +10 points.

 

traders beaviour looks like sellers could be stepping up/
short 4460 with a stop at 4468

 

sellers or short coverers?

 

who knows?! No way of being sure
edit: you meant 'sellers of long coverers' I assume?
Obviously short coverers would actually be long trades going through, lol

 

target is set at 4450. back soon....coffee...

 

stopped out. Buyers took control again with demand outstripping the supply