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Re: pennies2007 post# 120254

Sunday, 07/21/2013 10:10:05 PM

Sunday, July 21, 2013 10:10:05 PM

Post# of 140146
Pennies, thanks a ton for your opinion. It looks like a good plan.

I am seeing lots of volatility ahead particularly on the monthly chart. The weekly and daily are pretty overbought right now, so I am thinking generally sideways and maybe down a little over the next 6-8 weeks or so. After that the picture could clear up. But I have made notes on my chart regarding 103 as resistance then support. Looking like it will re test 103 a time or 2 over the next few weeks. But your break of 103 looks pretty solid should it break up & hold.

Did a nice 24 pip scalp on U/J a little while ago. No more than turned on my computer, and it looked like an opportunity on the hourly chart using SG's new system. Worked once again like a machine.

Pennies, your the best. Thanks from stkjunky

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