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)
Bullish moves seem to fade a bit - looks like some consolidation on this level
may happen - til' 7250 to find some support.
From there a new bullish scenario might take over.
All this is speculation out from a chart here - but highly possible.
Have a look! (sorry - second chart text faded too ;-) - said "Probable MOVE"!
Thanks for the question - that system is very experimental. So I have not foreseen
stop loss markers - but in some cases as long as the original move may happen later
some buy in in the same direction. This case is showed with success in the first trade
where two cars ended quite positive.
Sure - a loss of 200 points is out of range but looking to get the most out of a given
situation is the goal.
Wishing to have a comparable result to my intraday daily system with fixed SL and
exact entry/exit times. For the last three weeks this one here was not to bad
.. the trade must be stopped before the future will be killed tomorrow.
So as we are in that downmove without much movement - we wait til'
tomorrow to close that one ;-)
GFIs1
written - and - down :-)
might eventually reach the original TP of 7250
Price in the daily has reached fib - spiral resistance. (See chart
in message from september 14th)
This looks like some smaller volatilty for this last september week.
Waiting for a new setup to take a trade here - probably from next week though.