1.3738 — I will buy at 1.3738 or if I see an aggressive move up. A buy at 3738 would be a bargain trade with a 15 pip stoploss and trade to 1.3795 with major lots because of the smallish stop.

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Short? — It may go short, its possible, anything is in this market, however, I would rather jump off a cliff.

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Looking to buy — A buy now would leave you with a 30 pip stoploss, however, I believe we can get a better bargain if we wait a few more candles.

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I know — Were cool ole buddy. Anything you need, just give me a hollar. MK

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Test — Ok, my thinking now is this will probably come all the way back to test the weekly high at 1.3738 and intersection of the trendline, ( X ). This is not such a bad thing because if it looks like it wants to create a double top or even ...

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FYI — Big move up and heading into the slower time of day. We could see an unusually long flag. Its possible. Gonna eat. MK

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General — Its just a generalization. No wick to wick. I tend to stress that everyone tries to make this harder than it really is. So what I do will look a little differant than you are used to so bear with me. I don't look at news releases, I ...

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Flag — Looks like that is exactly whats happening. This is a nice little Bullish flag continuation pattern here. Now a little hint. You can always tell approx. how long the flag will be. Take the last run up and divide that by 2 as a measured ...

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Yea — Someday you can teach me how to scalp a few. LOL MK

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15 Min — I forgot to post it. I re-edited the post, check it again to see the chart. #98173 MK

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No short — I will not short something against the trend, thats bad Karma. I will wait and load up the bounce and trade back up to the same point. MK

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Flag — Looking for some kind of flag to form here, some kind of continuation formation to let us know its could go higher. MK

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Agreed — I agree totally, we will get there, but not today. I just try to call Daily tops the best I can and I think 3850 will be all today. That is what I meant. Shorts here should be short retraces and that is all. A retrace to the 2700-2720 ...

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Thanks Notch — You and only a couple others seem to take me seriously. I am deadly serious when I am talking about trading. I DO NOT GUESS. Make good decisions do to charting and thats the whole ball of wax. MK

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May go — This may actually be able to get there, ( 1.3850 ), its early in the session.

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1.3850 — Next major resistance is 1.3850 a small cluster of weekly highs from way back in July

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Ahhhhh — Any questions???

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1.3738 — A break of this level and 1.3900 is possible.

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Lesson learned — I learned a valuable lesson early in my trading carreer. NEVER, trade against 2 star formations especially when they are on both the 4 Hr and the Daily. Its like getting run over by a freight train while sitting in a ...

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Just remember — Always keep your stop below the 15 Min 100 SMA and you should be fine most of the time.

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