Heres that chart image

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I would have to say buy on a dip near 1.5500. This thing will go further since that it took a lot to over come that mile stone and the market is exhausted now and still has a lot of lift with no fast pull back. Once it consolidates and reloads we'll ...

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I have a projection I made 2 weeks ago with 1.6055 the target. I havn't put much stock in it but now wondering. So you heard it here first 1.6055

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Well I didn't expect anything today so I missed this move. Who knows now next big mark is 1.6000

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failed twice at the 38.2 fibo of yesterdays high/low witch is why its falling short of the daily pivot. I step out with 20 pips and wait to see whats next.

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I was completely thinking short after today. I was convinced the price was going to close below weekly pivot. But it drew back. The daily close is important. It was clear the market didn't have enough shorts to weigh it down. But watch the daily ...

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Thats the way to do it!

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Its a modified daily pivot indicator. It just puts a single line for weekly pivot but can do more if you can write code.

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As for me I buy on dips as usual once it closed above weekly pivot and showed bouncy properties. Edit: Added chart image

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Daily pivot 1.5371 Go short there if price don't break above. With tight s/l 20 pips the other side. tp 150 pips Sound trade stradigy

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mmmmm LOVE sushi

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Well the price dipped back below the weekly pivot but returned back above it for the daily close. Not a good sell signal but my charts look like a top is going to form.

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Yea true. Now price is back at the daily open and trying to turn to a bull candle. I guess we have to let the market continue to work it self out.

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TOP — Now we are looking at a potential top. Thats exactly how it happens most time. One last rally to new highs and a sharp fast reversal. I am expecting a close below the weekly pivot. Then a break of todays low will be a good sell entry ...

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But it did go up though and made new highs before going down. But we'll let you slide on this one. Careful what words you chose, you never know which ones you'll have to eat:

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I got a big porterhouse T-bone waiting for you

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weekly pivot 1.5318

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Gab? Not familiar with that trading term. Please elaborate.

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exited pending pivot test at 1.5374. Will re-enter if price bounces there. I rather wait untill after monday to see what the market does.

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