Personally I'm still long since 13 but I still think that if this doesn't break 15.11 we will see a new low in the 12s imho... So I would monitor the behaviour between this level and 15.11.
Hello people, I'm new to this forum... Personally I think we may even go lower than 12.5... I think we are in a flag right now... I was looking for 15/15.11 before going lower (long since 13s)... On the contrary if it strongly breaks 15.11 it has space to run.
Hi people! Here is the post I made on Monday... I'll post it again: looks like it may work well.. 08-08-2016 22:38. Hi people! Check the 44/45 level to position for a new short (if we will ever get there soon)!.
Damn guys I'm back to this forum after a month or so and it's the same as last time I checked... Sad. Same old stories going on.... Good luck with your trades people!
Congrats to The Pundit for your great trade and enjoy some time away from the forum, enjoy life that is much more important!. Good luck to everyone! As I said weeks ago I expect 45 to provide support for a while, we might trade in a range 45-50, then I expect a bigger drop... maybe in September...
07-06-2016 12:44. Upside targets are 50.20 (already reached and providing resistance), 51.6, 52, 52.88, 53.54, 54.34 and 55.. I still believe we will end up in either a trading range between 45 and 51 for the whole summer or we will start a big sell off on the end of June/July. . That's what I wrote few days ago, today 51.6 pushed it down: if it breaks it next targets are 52 and 52.88 imo.
Upside targets are 50.20 (already reached and providing resistance), 51.6, 52, 52.88, 53.54, 54.34 and 55.. I still believe we will end up in either a trading range between 45 and 51 for the whole summer or we will start a big sell off on the end of June/July
Don't be fooled by the bad NFP data... Verizon strike alone was expected to take off 35k from the NFP alone... Unemployment rate was very good, I wouldn't be surprised to see a bounce on the DXY
Hey people I hope you are enjoying profits these days... Keep looking at gasoline cracks, refineries, Opec tomorrow, production levels and inventories... June might be the month for a big sell off or we may start a trading range till September.. Good trading everyone.