Why Is The Obvious Not So Obvious?

You are nearly there

 

What do you think others are thinking now..and what type of programmes are waiting to kick in?

 

Getting close..are you ready to trade..knowing you might be wrong with direction?

 

I think some stop running algo's may kick in if we get close enough...

 

Of course you can WAIT..but you might miss a little bit..the danger here is tight stops might take you out if you trade the first bounce or break..you can look at a few other things for extra confirmation..but it is never a given..nothing ever is when trading..but..this is as good as it gets.. right here and now!

 

I am not at my PC..but I bet you there was a lot of big sizes just gone off with that first dip..if it does not rally fast then more sell programmes might kick in..I would be ready if trading..this is a good opportunity.. which must be maxized on if you want to make money

 

What do think of bars now

 

What level do you think you want to be long above now?

Time to have a look at the daily chart!

 

Don't forget to change your long level as price drops..then when it reverses you are ready..if not..happy days

 

2404 - 2408 seems like a good time to get long. I don't really see much in those bars yet... need to focus more.