Gold failed weekly A down to weekly A up. That's 40 handles round trip from A to A in one session.
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The ACD Method
- Thread starter sbrowne126
- Start date
FCX ripping. There goes copper. It's a new bull market! LOL.
Quote from mfbreakout:
short 99.48 , stop loss 99.61 cover 99.08.
My stop loss is a function of how much i want to loose as i assume i will get stopped out.
We have Mave. weekly level of 99.77, I have resistance at 100.23- 100.36. CL can run up and fail any where in between or just keep going up.
I never really know where CL may pullback or run up to. I have some levels and use STOP LOSS to test them and when price action is HYPER, I am risking 10 ticks, so i should be happy with 40 ticks or so gains, rather than waiting for bigger moves.
long 99.45 out 99.96. Will try long again in 98.50 to 99 area .
OR short 100.40 area
Once again, ES, Bonds, Gold and Copper all going up at the same time!
Bonds bounced 2 full handles off their monthly A down.
AAPL currently holding at the quarterly A up of 444.8
ES bounced 14 handles again off the failed weekly A down today.