Son of If You Can Draw a Straight Line . . .

[niko]

9:23 Buyers started pushing outside of the micro TR 93-95, towards the top of the hourly TR at 97.
9:28 at the top of the TR DL broken

 

[dbphoenix]

Quote from timokrates:

You mean 91 - 95.75?

+/-

 

[dbphoenix]

So price breaks out.

And here's your RET

 

[niko]

9:36 Is this the same drill of the last few days? Sellers test Premarket S before giving up and buyers take control of the market. If that is the case, then entry should have been at 96.75.

 

[niko]

Quote from dbphoenix:

So price breaks out.

9:38 If the entry at 96.75 was not taken then wait for a RET.
9:40 DL fanned RET just occurred,
9:41 DL broken, 50% broken.

 

[Gringo]

3500 is big round number. Stay alert around here.

 

[dbphoenix]

Quote from niko:

9:36 Is this the same drill of the last few days? Sellers test Premarket S before giving up and buyers take control of the market. If that is the case, then entry should have been at 96.75.

If that's what you want. But you never exited the range, so you're not trending, you're ranging. If you want to trade in anticipation of another breakout, that's up to you.

 

[dbphoenix]

0942 Another RET, this one above the TR

0943 Back in the range. Long not triggered.

0945 And back to the middle (hope this is real-time enough for the trolls)

 

[niko]

Quote from dbphoenix:

0942 Another RET, this one above the TR

0943 Back in the range. Long not triggered.

9:44 Now I see a DL broken and a RET pointing towards a short. (short at 95.5)

 

[dbphoenix]

Quote from niko:

9:44 Now I see a DL broken and a RET pointing towards a short. (short at 95.5)

If you like. I don't see any shorts until we exit the range.