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)
That was a good call to step out early. I wish I could tell you how I knew, but some things are just from experience. The 618, to me, is a strong area if you know when to expect it to be effective.
This post may be controversial, but just for fun watch this zone for a reversal. This is a 30 minute chart. We just took out the stops of the long day traders from earlier this morning, which suggests the short traders are celebrating a big victory. They may not want to let go of their profits...
Regarding the "zone" earlier (I know, it is a wide area), we are at a "maybe" regarding volume. Wait for confirmation of a reversal. Do not even think about freight-training this market.