John Murphy Technical Analysis of the Financial Markets: Fig 4-10a. I post this every time I see it but most folks never read it.
Get it, read it. Best advice I can offer.
free here:
cdn.preterhuman.net/...inancial Markets.pdf
Breakdown of rising TL with retracement and rejection. Confirm 11/09, expect much lower real soon.
John says we goin down for a measured move. A=200pips; C>200 pips ->3660 target. Rally done imo. Swing short.
Get it, read it. Best advice I can offer.
free here:
cdn.preterhuman.net/...inancial Markets.pdf
Breakdown of rising TL with retracement and rejection. Confirm 11/09, expect much lower real soon.
John says we goin down for a measured move. A=200pips; C>200 pips ->3660 target. Rally done imo. Swing short.
Comment:
shorted it; cpi incoming
Trade closed: stop reached:
Wow.
