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Just watching how it was moving as it approached the Sunday gap high, and felt like there was not enough thrust yet to maintain that, so short was the way to go. Now whether or not it will hit the target overnight I can't say, but I feel like we will move down for at least a bit.
I suggest wait for the G20 statement before taking a position. This market is very headline driven at the moment and it's best to wait for the headline and then go with the flow for some easy money.
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Another chart; quickie. And one more.
An Astro look into the future; up up & away. I am buying pullbacks in this multi-month uptrend (began in June); this is what I 'anticipate' and my trade bias is to the upside.
My take profit at 1.27 was hit. I am going to go short at 1.27, with a take profit at the bottom of the triangle, the support should be around 1.26 or so, depending on when price gets down there.
I cleaned up my chart as you suggested. I will simply focus on price action and how it reacts at +/-2 SD and when trading outside the value area on the volume histogram.
I appreciate all your comments and suggestions. I'm just trying to learn all that I can.