What's all the cafuffel about?
I get the impression that the Thread is feeding the Panic Fire.
We talked about this over a week ago. I was & still am, Flat.
The Market showed indecision by forming a Double Top. (First Clue)
That, when it became clear it was a Double Top, moved me off the Bull Board but not onto the Bear side. Too bad. I would like to have caught the ride Down. Ce la Vie.
What to do NOW is the question.
My Opinion. Not a Recommendation
If you are Long from Above,
Run the Numbers to see if you can survive PA @ 1,600.00 & include a little Noise.
Better safe than sorry. Call it 1,580
Like Mike, BRN's ar important to me & I have found that a 20 Full Pip cusion on either side will normally cover "Overshoot".
ie 1,580 to 1,620 blankets 1,600.
I feel the Big Bang is done but it still may want to Mop the Floor.
Two weeks of Doldrums ahead with a very slight Bias Down.
Is April 15 to July 11th a New Box? I don't know yet.
B
ps. FXT not to upset you but I may be posting the Current Stuff to the PF as I see it.
Not to say I wont post here but it may be somewhat after the fact.
I get the impression that the Thread is feeding the Panic Fire.
We talked about this over a week ago. I was & still am, Flat.
The Market showed indecision by forming a Double Top. (First Clue)
That, when it became clear it was a Double Top, moved me off the Bull Board but not onto the Bear side. Too bad. I would like to have caught the ride Down. Ce la Vie.
What to do NOW is the question.
My Opinion. Not a Recommendation
If you are Long from Above,
Run the Numbers to see if you can survive PA @ 1,600.00 & include a little Noise.
Better safe than sorry. Call it 1,580
Like Mike, BRN's ar important to me & I have found that a 20 Full Pip cusion on either side will normally cover "Overshoot".
ie 1,580 to 1,620 blankets 1,600.
I feel the Big Bang is done but it still may want to Mop the Floor.
Two weeks of Doldrums ahead with a very slight Bias Down.
Is April 15 to July 11th a New Box? I don't know yet.
B
ps. FXT not to upset you but I may be posting the Current Stuff to the PF as I see it.
Not to say I wont post here but it may be somewhat after the fact.
