in this overLAPped movement in the dAILY TImefrAME CHF nEED A PAUSE..I GO SHORT 2 conTACT AND wAIT TO CLOSE THE FIRST ONE AT THE FIRST PUSH DOWN wITH MOMEnTUM AND THE OThEr STAY FOR a SWING. TO STOP IT I'LL wAIT A STroNG MOvE LONG WITH A SORT OF cONFIRMATION
i think spy is needed to breath a little bit after this prices going up and down for too long creating a wedge..going short with two conctract would be good with the first target the low of the wedge and the second lleft for a swing to the base of the wedghe
I personally am yet short but at this point i think i could afford another contract short..because of my espotition with one big silver i try to accumulate short with only a minisized contract
yesterday 5th was a test day. it was succesfull so for me it's time to get short positions...the test is a part of a wide bear formation begun the 20th of genuary. so the stop is far away...near the top of the same formation...it could be stopper erlier it depends on the momentum also