Guys, a great day today. I think you were smart to take out the emotion and follow your buy and sell limits, thats what a good trader does. However, I think we have more gas left in the tank and tomorrow should prove to be the next step. Our resistance was .031 and we have not cleanly cleared that one yet. Next will be a base and then the next leg to .045 area which is top resistance from what I can see from this chart. Nice playing either way all.
Low- do you plan to re-enter this play? I am a bit confused with that and how you plan to play this completely out
Thanks
SA
Chart: Aroon looks great and rsi is strong easy to see resistance at .031 and .045 in september and october of last year.
Thank you for your thoughts. I am new to trading and you have really helped me to think about a trading plan and then sticking with it. Great advice for a newbie!