I think the market may rebound if the weekend proves uneventful news-wise. This type of trade requires me to risk $200 to make $200 or more.
Market Geometry like this normally results in some kind of significant move - especially when you factor in price... and the other stock indexes, S&P500, The Russell, NYSE - all have this. I don't need to have an opinion - all i need to do is to use a system that can leverage this condition. I would be looking to line up at a session open... with the event of...
A few days ago, we had a MTPredictor TS3 buy setup on the Daily YM chart. With protective stops now at break-even, this is now a "free trade". So we can sit and see if this trade pans out as anticipated.......
YMZ3 seeks to break through the MA 89 and 50 fibo level, 61.8 Fibo - next target. 15250.00
debt default since 17 october?
same chart as posted before for an alternate view!
feels like the dipped was placed 14800, provides immediate support, IF 89DEMA holds and 21vwma beings its course higher currently at 15008, we have A clear path to at least 15200/300. For those that trade NADEX, I have a working order for 15325 swap call, bought these for $10 a piece, if 15200 is reached this should be priced around $30 that's a 3:1 return,...