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)
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
I was just about to post - Possible we have a constricted range between 9040 & 9120. Volume seems to be drying up with Delta improving. The longer we stay in this IB area the more chance of it being so.
Actually, I should be more clear. The "trigger" may have been the ISM volume spike, but that has nothing to do with the setup. This trade started last night in my mind, and I waited all morning for price to retest the support area.
Every volume spike is not the same, but we are oversold, price came to an area that was anticipated, early volume confirmation, retest, then the thought is shorts are going to consider themselves lucky enough for awhile.
What I like about trades like that, while they take a long time to set up, they are usually fast and I do not get time to second guess myself.
