smb1721

smb1721

I have decided to sit it out from the markets for the rest of the week. Greece announcement is probably around the corner. I will not trade now until after an announcement. Any announcement will create a lot of volatility. To the extent that there could be substantial slippage re stops. And I have NO idea as to what will happen on what ever is announced. At best...

smb1721

OK...long @ 10909, 10910,10911, 10912 Limit @ 10975 Sop below 10890 Intraday trade with tight sop.

smb1721

It's not very apparent as to the next decent move and how it will evolve. The 4 hour Dollar Index chart (posted) has begun its' move higher. But the EURUSD could be showing another option. IF the move from the highs is an abc correction then we could be seeing a 1,2/1,2 since the low of c. If that is the case then price should not take out the low of first 2. If...

smb1721

I'm waiting for the dow to move down into the area of the circle from where the price could start its' upward trajectory to new all time highs. I think price may take out a lot of stops on longs at lower levels first which are only 600 points away !!! There is an outside chance of price moving into the lower horizontal trendlines. If my plan works out, I intend...

smb1721

Just for consideration...can go either way... Either continuation to upside or its putting in a top for a retracement. Currencies also at inflection point.

smb1721

Long @ 10885,10886 Will add to position. Stop below 10840 2 hour bar has come back into original break out area... Price could come down to 10860/70 range

smb1721

Long @ 7684,7685, 7686 Stop below 7630 Will add to position Price has moved into congestion area on daily and 4 hourly chart.

smb1721

Long @ 10881, 10882 Will add to position Stop below 10840 Limit 10935 and 10950 Had initial move up from lows earlier. Has consolidated since and made higher low on 15 min chart, looking for upward extension in price to target.

smb1721

Could be the low area I've been looking for: Long @ 10831...stop below 10775... Will add to position...

smb1721

I'm currently following the BLUE ABC...but aware of possibility for RED ABC. RED A could be 5 waves, RED B could be abc, then RED C 5 waves up.