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benaiah replied Dec 10, 2014Thanks
So far all trades I've been entering are just to catch a bounce, and see how far it can go. Longer term, we need to see some resistance levels broken, and held...Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014I hope I'm not sounding like a broken record, but still no reversal yet, aside from the "V" which pattern type is prone to further retrace as we are experiencing.
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014And while this retrace is painful if we're holding long term, the good news is, if positions can be added once this reverses, it just makes it all the more sweet when it goes for the prior high. Currently at around 400 (correction - 350) pips to the ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014And lots of excellent low risk buying opportunities. I bought again at 118.31, but I won't risk much, only a few pips...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014Okay. 6 shots of expresso over ice. Breakfast of traders everywhere. Feel much better now. I also sent Louise a message with formal apology and invitation back to post more. Meanwhile, UJ is stagnating. Moved SL to BE.
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014Okay, I need to get some coffee. Sorry
Edit: Louse - Deleted my reactions to your post. So, I will clean up my bad reaction. Sorry. But please keep in mind, it will help to be a little more interactive, i.e. in real time, otherwise, ...Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014I may have misunderstood your post, partly. So, I apologize for that, if you are talking about open trades. However, it would benefit everyone if you posted in real time, and when you are entering trades. Or post a chart or something. I mean, if all ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014So far, looks promising. I'm watching closely...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014I hope everyone's account is surviving these swings. But I will repeat something I have said before - There is no reliable reversal pattern yet. That "V" shape we had is not reliable imo, and it did fail, but any reversal pattern can fail for that ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014No problem. I used to use GMT, but use NY close now. I think most posters on FF use NY close, though, but neither chart time is better in my opinion, just different signals. But good to be aware when you see other charts here, they'll look different ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014Thanks for posting, always good to keep an eye on the daily. But I don't think this is a NY close chart is it? On NY close, I'm showing the 20 ema around 118...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014The bottom trend line has changed to the other scenario I posted last night. Of course if this one breaks, then bears attack the prior low. As long as it holds, when price touches it, will be a buying opportunity. I bought in again when it got ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014H1 lose below the trend. Bulls need to get it back up there quickly or they'll be fighting at 118.67...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014Also, probably goes without saying, but if/when price gets above that blue area in this consolidation, I doubt very much it falls back below it, as it will line up with the confluence of the bottom trend... Edit: Just a clarification from prior ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014We are at a very key area right now. Blue area is some strong horizontal S/R level boundaries. But nothing has really changed from when I posted last night. The ascending "triangle like" consolidation I suspected might form, has held it's ...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 10, 2014Now looks good on 5 minute chart, so moving in the right direction. Broke resistance, and established support right away... Moved 50 pips so far, so moved SL to slightly above BE...
Bull City Baby! Buying Opportunities
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benaiah replied Dec 9, 2014Well, we might be getting somewhere finally. I entered again. This time on M1 chart. Showing a double bottom. Note how coming down, price continuing to punch through bottom of the BB band, but the last time fails to hit the BB boundary and also ...
Bull City Baby! Buying Opportunities