volume surge, key time. whoever loses the batter here might lose the rest of the day...
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heavenskrow wrote:Im going to take a risk today and not take my profits right now TMV..... going to leave for a few hours...so wont be be able to monitor the markets..... I hope i dont get fucked.
boring. still don't know what to do.
maybe just keep on posting and make this one the longest?
btw i will be on b-trip to HK. will check in from there, but considering the 12 hr diff, i may not be active as i used to be
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Fundamentally today is a down day. Banks getting downgraded and countries are getting downgraded. NFP don't matter right now because Europe tells us to go south we cannot dare to go north.
Okay, now on to the T/A. As we can clearly see, it's not the candle that breaks the trendlines (or meet) but the candle after that candle determines the direction of the market. Has been since the crisis from august til now. So I strongly believe this last hour before the weekend will determine if we go up up and away to 1200 or we go down the toilet again.