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Re: FarahTrades post# 25341

Thursday, 03/02/2017 3:21:06 PM

Thursday, March 02, 2017 3:21:06 PM

Post# of 116605
There we are ... VNDM moved and bid support shifted to 0.014-0.015 .. which is true support level ....

In general ... you have 2 types of Trades Short term (flippers) and long terms ...If you r flipping then yes i can see why u panic ... if not, there important things to look at to consider next step :

1- 5 Min chart , support levels
2- 30 Min chart support level(daily)
3- 30 days Trend movement ( Volume ) is crucial with support levels.
4- In any case always have a plan

Pure conclusion : This will close at Low-Med support level today ...The MM will continue the shake tomorrow and then pick up speed for start of next week .

I have current position of 500K at aveg 0.0132 .

Good luck to all of us ...we are all traders and looking for honest opinions at the end of the day...