Not very often. Every couple of months maybe.

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You know... it broke the TL on the H1 and 15min but in all honesty it has not been confirmed by the H4. I'm not trying to make a case to make myself feel better but it is something to consider. My H4 doesn't close until 1pm est.

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Craziness!

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She is really trying to break through the weekly R1 at 9157. I am absolutely amazed at a 160 pip run on this pair in one daily candle!!! I just don't believe it. Can she really break through? My H4 has her getting ready to come down and all of these ...

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uh oh. we may have a problem here!

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Understandable. I have executed each of those strategies in the past. Took me too many years to learn the tricks!

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George, have you ever considered selling more at a higher price to raise your cost basis so that you can exit a trade at B/E? This way you never have to lose on a trade again.

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OVT, IMO when she breaks the 35ma on the 15min...we may have confirmation. However, I'll short here and short again if we reach 9150 again.

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H1... those are what I call "long wickie dickie's"!

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If I'm wrong and she breaks through 9157 I will wait until she comes back to test it before going long. However, she is struggling right now. Also go to your H4 chart and look at the SMI. I just can't buy here.

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Thanks for backing me up. Watch your 15min candle!!!

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No it is not but What Did You Just Do??? We are sitting at Weekly R1. Get out at B/E if you can.

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Well, she might touch the weekly R1 (9157)again. My TL is at 9144 right now and my 200ma on the H1 is at 9147. Like I said, too much too fast. Just waiting for that special candle to tell me down.

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Good close for the hourly! Ohh, if she even closes above the TL and weekly R1 you had better close your short positions IMO!

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I am seeing what I was looking for. A hit of the Weekly R1 at 9157... a bear candle on the 15min. My hopeful prediction for the day: 9080

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Weekly R1 hit.

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I'm not so sure. In my experience I get a reversal candle on the 9am est candle on the 15min chart. With a move north that we've just witnessed I wouldn't be surprised if A/U goes lower from this "area". There just seems to be to many MA's, weekly R ...

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Interesting. My H4 candle doesn't close until 9am est.

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Agree, however until the upper TL is broke I cannot expect anything for certain. Just trade what you see. To me that is down as long as there is a candle to support the move.

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