molodyetz
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No, just feeling my way. Wanted to go long just before the open but didn't know how it would react so seemed too risky. I've missed any long opportunity now, so will wait to see if a short sets up. Thanks for your contribution by the way Chazzle, great to have some company here!
Chazzle
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You're welcome mate, good to be here... would you look at that...150 up & down 🤣No, just feeling my way. Wanted to go long just before the open but didn't know how it would react so seemed too risky. I've missed any long opportunity now, so will wait to see if a short sets up. Thanks for your contribution by the way Chazzle, great to have some company here!
Chazzle
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Thats why we trade this monster 😭🤣...above 250 sees another stab at 400 i reckon....lets see
molodyetz
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Really doesn't like that 76.4% fib level does it?
Chazzle
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Certainly not making it easy for bulls today 😭 ... much of my position treated like scalps, taking off parts, putting them back on, so on & so on
molodyetz
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Probably the best way to trade it today. I'm definitely seeing patterns fall into place, just gotta start trading them.
Chazzle
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Tough when you see that drawdown though & hanging in there sticking to your guns... still, nice easy one tomorrow with NFP 🤣 - i will probably avoid london tomorrow & try to just grab a couple off the news
molodyetz
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I'm sure everybody is aware of this, but thought I'd share this chart. Dow has fallen back down to its daily 100sma, combined here with the 61.8% retrace level. When it hit this moving average on the 31st of January, it rallied to new highs. Will it do so again or are we headed lower. Your guess is as good, if not better than mine.
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molodyetz
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Looks good!
