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benaiah replied Dec 18, 2014Resistance at 118.60-80 area. Price broke out of tight channel, but could possibly continue the consolidated move in a larger channel moving down. Will have to wait and see if it bounces and where it can establish support...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Bulls not giving up. Still trying to break that channel... I think they just might do it...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Watch for a rejection of that upper channel. If it falls back in, then still in consolidated channel, and could hit lower trend line, or break that
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014The channel down, you can see best on M15 chart or lower has been consolidating for hours. I expect a strong great out, 50-100 pips. If it breaks out coward, it will still be in a bull flag formation. Likewise if it breaks out upward, still in a ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Sorry to hear
You'll get it next time
But, yes, difficult place to buy with tight SL, since it's still channeling down in consolidation. Needs to find a bottom...Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014The last 2 days (2 daily candles) on the chart I posted look like a daily reversal pattern to me. Anybody know a name for that 2 bar pattern? It's not really an engulfing (first bar wick goes to low for engulfing). However, I view it as a strong ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Could be some further retrace. Or it could just go up from here. Who knows. However, this puts some perspective on the big bad retrace we just had. On the grand scheme of things, it doesn't look like much of a retrace. The 8 EMA never even touched ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Has anybody posted/looked at a daily chart lately?
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Yep, and I expect some big moves coming within a few hours. If price moves like this during slow time, watch out when the rest of the party gets here

Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Of course if price falls back into consolidation area (as it has now), it puts this projection on hold....
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Usually, when price breaks out of consolidation after a strong move/breakout prior (i.e. flag or triangle) it will move the distance of prior move. So, we should see price head to at least 119.60 assuming the breakout of consolidation on the upside ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 17, 2014Closed out long positions. Back to scalping again. Seems stuck in range... Maybe it will break out long. I hope it does for any who are holding. But I won't be sleeping much, if I hold positions tonight, plus heavy news tomorrow. We'll see what ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014Took a risk and doubled up on my positions at current level. Which means I'll have to close positions (to protect profit) if price shows any hint of hesitation...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014Post 1,141 - Moved SL to slightly above BE
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014If you were just posting your opinion, then you wouldn't have felt the need to say that I was seeing what I want to see. That has nothing to do with your opinion, and can only be viewed as provoking. If this was not your intent, I'll give you the ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014This thread is not about challenging other posters. Part of the reason I created it is to avoid all of the arguing and bickering in other threads. If you don't understand that, maybe the other threads are more suited for you.
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014I don't want to see anything. I only look at what the price is doing. You have an opinion, I have one. Everyone has one. I think that is okay. But who cares? You can post your opinion. And rather than emphasizing your disagreement, why not post ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 16, 2014The above idea could be applied to a anticipated pull-back, or price finding support above a key area...
Bull City Baby! Buying Opportunities