Buy long when buy volume exceeding short volume. I Think we will go long here now even with the rate hikes, as we didnt drop that far, a lot of Bulls did get wrecked, and then the shorts got wrecked that fomo'd into that one. But using Vader can really save your skin there. I am up not over 100% using this chart setup. Ask me how to use it if you don't have an Idea.
Trade closed: target reached:
I originally set my target at 40800, Met my target trading $300 at $31.45 gain, $35.44 gain, $137.18 gain and $168.79 gain. Total gain on $300 50x margin trade $372.86 @ 124.28% profit, not bad for one trade. We have to be looking also whats going on in the market and take that into account, as this was just when the Fed Rate hikes was announced and then after the short lived fear selling, and the DOW still closes at 500 points up today. I am hoping to advance this setup, and make it even more powerful, this evening.
