What's the rationale behind this rally? Not that it's important, but the Fed isn't going to close shop anytime soon as indicated in the minute and...
Ummm, bit tricky at this point...if the next candle on the 5-min chart is black then I'm short, if not I'm long (for now).
Since I'm a daytrader by definition, I stay clear from making forecasts. However, I should think that tomorrow will be the make or break day. On...
I usually don't initiate stops at the time of entry. However, once it approaches a reasonable point where I feel comfortable with the trade, I...
stopped out @ 1250.50
First profit target again @ 1248.25; second @ 1247 or thereabout.
I'm seeing a double-top formation on the 5-min chart.
sold short @ 1250.25
daily profit (so far): +5
sold @ 1251.25
LMAO! When I heard "Romik" along with RSI and CCI, I thought it was one of those voodoo oscillator I never heard of.
Excuse my ignorance, but I've yet to hear "Romik". Can you provide a brief info and, if possible, upload a chart?
Never mind...you seemed to have read my mind. LOL
When you say "divergence", which oscillator are you basing that on?
Long @ 1249.25
Covered @ 1247.50
I think (just a hunch for now) that it will crack.
5-min
BTW, profit target @ 1248.25
Just went in short @ 1250.50. watcha think?
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