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Belek

12/03/15 8:21 AM

#2132 RE: investorpaul #2131

$USD failing big time in futures, it has already breached a pivot point and trading under the 8dema, so lets keep a close eye on it for a continued downtrend and a rise in GOLD, ...............

USD low futures 99.17, Fibonacci pivot is 99.09..........

Belek

12/03/15 10:20 AM

#2133 RE: investorpaul #2131

ok that one worked out well for

CBZ, when I saw it trade over the Fibonacci pivot R1, I moved my stop up
right away and low and behold was stopped out not too far after that,
Im happy, I will move on to the next one or wait for a proper rentry into
CBZ because the stock is in defense and has Hedge Fund participation.
soo good one to trade and not volatile, I might try a volatile one next.
all is well

Belek

12/03/15 10:33 AM

#2134 RE: investorpaul #2131

and don't forget, you can always keep looking back to see how the trend is

going like XRS, even though I get stopped out CBZ, I may re-enter when I see fit if trend continues, I'm sure you see what i mean, I won't lose focus on CBZ because it could very well trend right back on up after a small dip.
ok

this is how Im playing things for now, all other chart TA is out the window, I'll try and keep a record,,,,,,,


One thing I will say, if the weekly trendline isn't violated I'm
saying stay the course until it is....



If it is violated, get out and stay out until it says get back in IMO, other wise its dead money, ok