LOL please, it's sunny morning here in Moscow and i am enjoying a nice cup of coffee. IF you don't know my strategies , please don't , please don't ......If you have a strategy to trade it do so, if you don't GO AWAY!
You put yourself in and giving advice. You are here for 2 years what value have you bring to the community ? Before you tell others what to do with their strategy please do the same. Share your ideas and your strategy.
No disrespect Anil, but if you read my post carefully, you will see that I am not 'telling others'(you) what to do with your strategy, I am only highlighting that you charge fee( v.large) to learn your strategy, and as some people/newbie traders may not be aware of that they reasonably ask questions regarding your strategy/entry when you post charts.
It seems like all you want to do is be provocative? With regard to posting charts, I dont think it's a competition...and with regard 'real value' , it might be an idea not to slander other traders bu accusing them of not bringing real value.
Thanks Anil, always proud to have you as my teacher :) To the rest of the jokers/trolls, lol. Your comments always crack me up. Always good to remain quiet and let people wonder if you are smart then to open your mouth and confirm you are not, learn from this man boys and girls.
Yes, as suspected. Looks like it'll remain sideways...even worse with rates information coming out in a while.
The chart doesn't look like a downtrend to me at all, but well. Short term, we can play many swings.
In an hour 30 mins we will be able to get some sense of direction, either it breaks the weekly downtrend or drop lower , but my 618 sell is only valid if it doesn't break the smaller trend,(does not means there is no more down) so by the rule i have to close for BE if it comes back then relook for another trade based on another setup, likely a breakout trade.