Quote from usman88:
a very nice call yesterday spanish
I got carried away due to my longs and stopped thinking objectively however the good thing is that I exited those trades in a good profit at 4740.
Anyways I am again long at 4520 and I think that the current rate (4500) is the best place to buy. My short term target is 4720 and long term is 4895 and +.
The market has formed a rounded bottom as many graphs have earlier shown. This thing is going up and there is no doubt about it. We may see a few dips along the way but they are NOT the points to sell. Currently the rule is to buy on dips.
I have set up a new account just for long term trades where I ve bought and would look to exit around $55 mark