CM, wasn't that a 3 peak PD between 15.15 and 17.00? Or was the middle peak down too far off the line?
I had gone short at 9480 and closed on the rsi drop to 20 odd. Was going to go short again after the 100EMA break (ie lower lows and -20) but thought I saw divergence and after what's been happening in the last few days, ie bounces, decided not to. Called it a day at that point - guess I should have paid more attention to the channel break - need to work on my support and resistance bits.
Not sure what to do when 100EMA is broken by 20 (for a safe entry) but divergence is setting in. Go for it with stoploss (eg break the 100 by 20 the other way) or safety?
I had gone short at 9480 and closed on the rsi drop to 20 odd. Was going to go short again after the 100EMA break (ie lower lows and -20) but thought I saw divergence and after what's been happening in the last few days, ie bounces, decided not to. Called it a day at that point - guess I should have paid more attention to the channel break - need to work on my support and resistance bits.
Not sure what to do when 100EMA is broken by 20 (for a safe entry) but divergence is setting in. Go for it with stoploss (eg break the 100 by 20 the other way) or safety?
china white
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don't expect much from this week and dont read too much into what hap's before labour day - the big boys r still in Acapulco... 
desnt mean u cant bag a few nice pts in this illiquid mrkt tho
desnt mean u cant bag a few nice pts in this illiquid mrkt tho