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:D Whats your average price for the position.

Looks good, but it has a lot to overcome from 1307 to 1308.50. Are you holding?

Sorry to hear you had a bad day. From what Ive observed on this board, it is definatly a rare day.

I thought there was a good channel going last 2 hours, but literally a few minutes ago the price viciously broke down.

A little close to resistance just above 1308. What am I missing?

What do you make of the price action. The CI is quite high, but it seems it wants to go to 1304 again.

Would it be normal for it to jump as high as 1305.50, before resuming down movement.

Romik, would it have been correct to draw a pennant with the two yellow lines and to go short below it, with confirmation from indicators?

It might be in my humble opinion...but that I am not sure of!

In my opinion, in my honest opinion.

Why are you certain there wil be a pop?

Up!

Thanks, and good luck.

Hi Romik, Are you still as bullish as you were this morning on todays upside potential. It seems that people were talking about 1307.75 - 1308.25 as resistance, yet it passed that but did not have the momentum to continue up. How do you avoid getting repeatadly stopped out on these days? (I...

Thanks for the charts from yesterday Gary. Were there any clues that the price would break to the upside. One could have simply waited for the price to break to the upside or downside of the pennant/flag and only then made an entry - it would still have been quite profitable.

Alright, take your time. Just wondering, do you ever have a losing week?

Thanks Romik, I am actually reading about a pattern similar to that in a book. Would you look for a breakout to act on?

Ok, thanks! Have you traded today. I know 4re got a trade in, but I havent heard from you. Good luck.

Thanks Romik, any reason that you could give, for my learning benefit.:)

Good Morning, Would you guys consider 1298.75 to be support?