Is my understanding right that if the price has spiked down it has taken out lots of stops from current long trades. Once these trades have been stopped out it would then look to continue up without these people being on board?

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I meant to say as long as you can withstand a 50 pip or so possible drawdown first

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Its about to tank to 400 at least, get on the train

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But we are still below daily pivot of 597, I'm bearish on this one, initial target of 2479 (low of yesterday) then onto 400

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I'm bearish, I assume we wont see much action as US is closed?

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Question for any experienced guys here: Is the US morning session always volatile as like the last 2 days? Whats the best time to trade the markets, I normally like early in the London seesion. Thats when moves are pretty steady and controlled

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looks stronger now, if 848 breaks we iz going higher

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BUY - Are you sure? We are clearly in a downtrend, just a bit volatile at the mo

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whats gonna happen when US opens. we have seen a 300 pip rally already today, surely it cant continue?

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approaching round number then off to 818,862, or even 898 today

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Just retested the pivot, hopefully she will fall further now...

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Shorted the 38% pullback of the last spike down (515), in at 509

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Whats going on? Why so much volatility??

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Short @ 414, targets 402, 387 and 335

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What up? Looks like its pushed as far as it can

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Yes will go down, might go upto 480 or even 500 first though. Thats the point to short at

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Just taken another quick ride on the rally train: 2nd arrow is the 2nd trade just taken, exited at 700 round number for +30. Simple bread and butter pullback trade. Yes I exited too early but thats just me lol image

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wow that came off nicely

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agreed 100%, target 665

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Any opinion on what the news will do?

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