short — large sl (above 61.8) because of the news. we are at upper limit of the channel in the picture. if we do go up and close up then bull it is. we at 50% fib retrace of last up down move. let's if this is a 50% monster LOL. hapipipin

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down now? — a few reasons why we COULD have reversed at 45-50: 38.2% fib retrace of the last down move (very top to very bottom) 61.8% fib retrace of yesterdays downmove upper boundary of lowering channel (picture) resistance (bear footprint) ...

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no more doubts — when the pros talk i listen. scalping long till the top of the flag then loading shorts. probably still for a scalp down. after that only shorts at the top of the flag. hapipipin

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Bear flag?!?!? — this doesn't qualify as a bear flag!

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my view — we are back inside the bear flag. i am long now so i can't say i am bear biased. it seems the bears tried to break 90 but couldn't so we are back in the flag accumulating. i am letting the long roll up to at least 40 if we bounce at ...

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still favouring short too — got stopped out on those tight sls. reentering short at 40 and 50. higher sl. if we are to reverse we should still see another trial with lower supply as this last try was with higher supply than the previous. ...

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right now i am worried if we do get there... — bull putting up a fight defending the lower part of that flag/wedge. just a matter of time?

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i believe u — but it is also the 23.6 retrace from the low of 7th of June to the high of the 20th of july. which makes it an even stronger level!

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short again — loaded a couple of shorts more. one with tp at 80 and the other to let roll with sl at be. very tight sl. hapipipin

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just saw why 2760 is relevant — 23.6 fib from total up move on daily. that's it, Gator?

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Hi all — i could say good morning if i hadn't f**ked up with a couple of stupid longs in the begining of the day. i was also expecting a higher retrace before the fall. anyway am at be right now. Gator, wasn't looking at 66. seems important ...

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ok guys, here is the plan — i shall say this only once LOL we will increase the rate of descent from now on. the plant starts at 2870. that's when we strike. we might find some obstacles at 850 and 838 but we will be sure to hit our first ...

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different time frame — different average... or is it different cross different average? (gotta go home. see u in a couple of hours.)

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thanks a million AK — i will take a couple of hours when i get home to read carefully and thoroughly trying to suck the marrow out of this. new chart up on my mt4! (never really used bolinger bands so nice clean juicy material to start from). ...

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don't make fun of us, poor people — LOL knowing that you are short i just became a little more confident on mine SL above 32 (too me more precise 44) green pips to u

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LOL — seems like some one just sold 3 microlots LOL i swear it wasn't me... i already sold my two microlots LOL

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the one signaled — with the yellow circles (green thin one) hapipipin to u

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trenline — this line has been respected many time. just in case we do respect it again i took those pips to the bank (should say to the broker LOL). thinking of adding a short on the retry of that line. hapipipin

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that why — i had tp at 31 but... considering closing my second long here and wait to renter short at 31 or 49...

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