just noticed the time interval pattern, so it looks like we have peaked on this run and we have approximately 1 month per move. Looking at the pattern I believe we see close to 1200 by the end of August so going to try to trade a short based on time intervals, short from 1268.
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first tgt is going to be 1240ish then onto the lower 1200 area
@As_Is_Here, no i was short at 1268 and it dipped into the 125X area and i was pushed out on a trailing stop and then the N> Korea news happened. On 99% of my trades i don't hold throughout the duration i take profits and but the dips or short the pops. I am to ADHD to not push buttons.
WalterWhitesMoney
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@As_Is_Here, I forgot that this trade idea was even still open, i have been trading equities last 10 days.
The_Greek_Trader
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@WalterWhitesMoney, ok i got it...i am short leveraged trade for a short pullback i am expecting that's why i asked.thanks
Odd_Commodity
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Nice Work...I agree with you here. Let's go.
WalterWhitesMoney
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@Odd_Commodity, so far the idea has worked, NFP was over 200K the last three August reports and with the positive data as of late it seemed probable to get a good one this time around. Low 1200's is my tgt.
Odd_Commodity
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@WalterWhitesMoney, the idea got screwed up by fundamental events...North Korea and now Fed Minutes. I flipped long though a while back and never sold so I'm good.
WalterWhitesMoney
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@Odd_Commodity, thats how trading goes, i was out very early i never even posted. it was a few pip trade that ended green and then i never went back to it due to the political tensions.