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pennies2007

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pennies2007

Re: Heavyweight post# 136157

Tuesday, 02/16/2016 10:49:21 PM

Tuesday, February 16, 2016 10:49:21 PM

Post# of 140146
Closed out for 68.10 pips profit on GJ. Got tired of watching it.

I still think the sucker is gonna drop further but that hook on the GJ 4 hour chart makes me a bit nervous because it is setting up as a Wave 4 bottom at some point soon. Normally, once it hooks, the game is afoot but the price action on the smaller time frames says it still has further down yet to go.

Oh well...no point in risking it.
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