I short at 143.80. The first target:141.42. Good luck to everyone!
Commenti
isomorph
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i just noticed... you're using the Stochastic... but it hasn't turned bearish on your chart. so why go short so early? i'd have waited until the Stoch aligns with the PA.
isomorph
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yeah am short from 143.90 as well. on the last day of trading of the year, don't you think it's a bit optimistic to expect 141.42?
also, why do i see so many traders use multiple (or fan) EMAs? do you really find that useful?
chenkun
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@isomorph, I see the Daily chart.Yeah, maybe i am a bit optimistic.
In a long-time unilateral trend,the red EMAs(short time) usually gather together to touch the blue EMAs(long time).
Sometimes,only the price will retest the blue EMAs.
In the daily chart,the price had toched 30EMA and rebounded. That is not a good sign.
isomorph
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@chenkun, i agree. however, watch GU as it has more volume and drives GJ. i predict GU will hit 2330-39 and fall from there, pulling down GJ with it. problem is 20 to 30 pips up in GU could translate to a 90 pip move in GJ to 144.9x.
isomorph
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@chenkun, are you watching this? it's currently happening.
isomorph
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@chenkun, but i might have been wrong in over-estimating the GJ move up ;) sorry. if GU drops from here 2320-3x, then i'd add to my GJ short.