DislikedWow we sliced straight through the all-time mid 2132. Wondering if we will bounce a little from here back above that level. But it does look like its heading lower towards that 1.18x mark within the coming weeks.
For now I'm trying a long @ 2108, stops already at b/e. Not overly confident, but it's a free ride anyway.Ignored
Retrace should be in the cards soon ...
Even then when major trend is still down in the bigger picture ...
But stop at BE is not really what a trader with a higher practice would do ...
Even from a standard daytrader prospective any stops less than 65 points is not very useful ... as those kinds of stops too tight and therefore almost a guarantee to be triggered before you can cash your goals ...
;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts