after throwing a fib on this bounce up in the 500, i've been looking for a place to sell, and i believe this is the right place. The .125 fib extension to .375.
never traded this before, not sure if the nfp payroll news will affect this.
This is my first time trading the Nasdaq futures and i believe this is a top for the day. im not sure if the nfp news is going to have an effect on this like it does forex, but let's see. my technical analysis tells me this is possibly going as low as 11805(yesterday's low) but i believe we can get to 11850, which is about midway. time to turn the nasdaq into a...
i do not know if this is a head and shoulders? today is nfp day, this is liable to go crazy. but according to TA, in my eyes, this is a head and shoulders. let's see if i'm correct or not.
......not in a rush to be trading usd pairs as nfp is today!
GbpJpy has been in a slump lately. it just recently tried to re-establish the overall bullish sentiment/structure it's been in for a while but i dont like the way it has/is rejecting the previous consolidation zone. in my book that normally means it's time to short! & that's exactly what i'll be doing!
