sell above $1900, buy back below $1840 in the next 4 weeks
the big trend is still very bullish both fundamentally and technically.
short term a pull back is very healthy for the overall trend.
the big trend is still very bullish both fundamentally and technically.
short term a pull back is very healthy for the overall trend.
Trade active:
once the distribution of supply is finished, the leg down should begin any day now...
do not chase high....wait for a decent correction below 1850 to build longs...
do not chase high....wait for a decent correction below 1850 to build longs...
Trade closed manually:
Friday's reaction to weaker-than-expected NFP did surprise me.
the strength carried itself until day close. the risk has now shifted to the upside with another important eco. data next thurs (ie. CPI). I will take the small profit on my shorts and look for opportunity to build longs.
the strength carried itself until day close. the risk has now shifted to the upside with another important eco. data next thurs (ie. CPI). I will take the small profit on my shorts and look for opportunity to build longs.
Trade closed: target reached:
target reached.
a short term rebound should be underway anyday now..
a short term rebound should be underway anyday now..