MURICO.com Forum

Re: DH, don't underestimate the power

of the blown stops on short Dec to outrun upside on Feb. Maybe short lived and Feb will try to keep pace with Dec but my guess is there are more shorts against Dec than against Feb. So far today there has not been a strong stop blowing run on the break of Dec 90.27 Monday high. I snagged a pair at 90.30 and have waited stubbornly for additional momentum that finally showed after 3 hours of anxiety and self argument to punt before my 89.70 stops made a larger donation for me. Now I have a bigger problem of anxiety if we get a daily close above 90.65 which triggers a buy signal for me that fishing rules dictate I buy with a shot first, ask questions later approach that carries a larger risk factor on the buy signal. 89.60 now becomes momentum support for the 60 min action/reaction range. I may be setting myself up for a large donation if the up momentum I expect fails. Two daily closes above 90.65 confirms the buy signal for me and projects a 94.00 target if weekly close above 90.65 triggers a stronger buy signal. The next 2 days will be full of anxiety on my part.

I am prepared with extra track shoes, and blood pressures meds always in my tackle box. This is when the FUN begins!!

Messages In This Thread

The six-day moving average carcass weight - - -
Re: DH, don't underestimate the power
Your are right, ITZ, and that - - -
Re: DH, your more than welcome
I didn't lose faith in my perception that - - -