Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
on the last retest of vwap? Nice reaction off of it. I am hoping for a range/consol day after that big up day yest. Interesting to see what happens if tests again. Playing the long side was the smart move, perhaps I am too hasty after ditching my longs at the lows earlier.
One of us is right! I wouldnt be surprised if it makes a HH, but not by much, then back into range.
Good luck.
Can you help answer these questions from other members on NexusFi?
i know im PROBABLY right to be long, but Q is WHEN it actually breaks the IBH (which i can't predict), it could do it at the close for all i know. so will be cautious and manage carefully
Could it not also be interpreted as: failure to make new HHs indicate that not enough momentum to push on through? Its 3rd time up there now.
Not paying too much attention to vwap anymore as range is tight.
My trade stop is at BE (not quite @2238 which almost got stopped) - and this is completely random place to have it, so my fault if it does get hit and then market goes lower.
yeah its something like 90+%, havent run it in a while but its around that, looks very much like a range day, would be v interested in anything below OR mid / near OR bottom / -2sd