Replies to post #109504 on Simple's Green Room

[simplegreen]

Ok...heres a 133 tick chart on E/J...at this oint if one were long there would be no reason to close the trade..but unfortunately you must be short on it..its trading in upper bolie channel but at least it is trying to turn sideways..it must break into lower bolie channel then breach below the EMA55 to reverse to downside...one bright spot is that the market has a memory and the slight pinbar and dip from 109.91 is an upside target possibility...couple this to the fact that the tick bar showed more selling than buying at the close and the possibility of a dip is there.Overall tho Qui the sucker still looks bullish to me.After I post this I will take a look at how its doing at 1000 contracts per bar but I fear its going to be green...will post the 1000 tick chart next after this one.