Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Possible buying climax at 9:40am cst (my time on chart) indicating weakness since the majority are usually wrong. looks like price keeps hitting some resistance at 1.4680 which to me indicates a larger seller(s) trying to unload around that price .
Whats so obvious though? Resistance levels/support levels to enter at with lower risk? You have nice hitrates. Do you set and forget or manage the trade? Bring everything breakeven quickly?
Whats so obvious though? Resistance levels/support levels to enter at with lower risk? You have nice hitrates. Do you set and forget or manage the trade? Bring everything breakeven quickly?
Quote from SnakeEYE:
isn`t it obvious that is the top of the euro futures now?it`s going d-o-o-o-o-o-o-o-own.sell 2 contracts for the 0.2points
Also, from right when you posted this call the euro has been up all day from your supposed entry. Not hating just pointing out that from MY perspective I saw a selling climax at 703am cst in the 6E that has proven to be the bottom for the day thus far. So what was so obvious that it was going to continue down? To me it was obvious that the majority thought it was going to go down via volume climax on down bar.