InvestorsHub Logo
icon url

USDollar

04/23/15 12:57 PM

#135490 RE: Perseverance71 #135484

no kidding, at/just bellow February resistance is pretty darn risky to buy long, or even be carrying the long

However, it's equally risky to the short side albeit somewhat less.

This is clearly seen in the volume map, it's those times when volume is not BS anymore.
Volume goes down nearing it, then surge if either prices drop (longs scramble to save profits) or prices breakout (longs go back in and shorts cover).

"Not buying this, I loaded May 8th 210 puts at 211.60"