Right on point! Great analysis...still continues downward
NicolasBourbaki
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@kenman64, I think you're asking to get trucked if you're short here
kenman64
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@NicolasBourbaki, not sure you why you would say I would get trucked when I made profit:
Entry: 146.168 on the pull back
Exit: 145.450
Pips: 72.3
NicolasBourbaki
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@kenman64, good for you, you made money on that one. just to be clear, you shorted just above the support line of the ascending triangle above? so, you either got really lucky or saw something that made you think it would not hold, right?
kenman64
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@NicolasBourbaki, its all luck no one can predict exactly what the market is going to do. But I felt since my ema's (red and green) crossed my 50ema (black) and the red and green ema's were spacing more apart from one another I felt there would be continuation.....I entered on the pull back from support