Some Trades

[barcadia]

market looks to be drifting up. Demand is exceeding supply. Long 4447
stop at 4440

 

[barcadia]

sellers came in and gained control.
stopped out of long

 

[barcadia]

opening move was demand exceeding supply. Traders willing to pay the ask
This could just be a small retrace.
I'm long 4447.5
stop at 4437.5

 

[barcadia]

stop and target set.
Trade the behaviour.
demand is exceeding supply as the prices are going higher.
However, it could turn on a dime without any warning.
One can't know whether a down move is just a retrace or the start of a big move down.

 

[barcadia]

Profit target hit for +10 points.

 

[barcadia]

traders beaviour looks like sellers could be stepping up/
short 4460 with a stop at 4468

 

[jimmiebarton]

traders beaviour looks like sellers could be stepping up/
short 4460 with a stop at 4468

sellers or short coverers?

 

[barcadia]

sellers or short coverers?

who knows?! No way of being sure
edit: you meant 'sellers of long coverers' I assume?
Obviously short coverers would actually be long trades going through, lol

 

[barcadia]

target is set at 4450. back soon....coffee...

 

[barcadia]

stopped out. Buyers took control again with demand outstripping the supply