Simple's Green Room

[gitonwithit]

I think if you take that same principle and look at the daily you'll see it clearer. If that pop takes place, it'll be a head and shoulders on the the hourly, but the big macd divergence is taking place on the daily. I'd say she falls to 137.40 pretty much straight out, probably a slight retrace at the daily tunnel around 141.60, sorta similar to the beast daily. Thanks for pointing that out, I may split some of my intended beast trade to a EU short but more importantly a UJ long. Matter of fact, I may leave my beast and let it run, but halve my funds between a UJ long and an EU short.

Take your pick I think we see 153 on the beast, 137 on EU, and 99 on UJ from these levels. Some 1000 pip moves coming I feel like.

That being said, I think a trader with $1000 could take 10k long beast, 10k long UJ, and 15k short EU and probably wind up with $6,000 in a month or less from here and stay decently margined for the most part. Might be a tad hairy for a week until the trend becomes clear.