InvestorsHub Logo

Qui-Gon Kagi

10/04/13 11:29 AM

#123432 RE: pennies2007 #123288

GM pennies........I managed to get closer to even overnight on my most recent G/U short, but still have my original small 1.5893 short underwater by nearly 200 pips. I looked back at this 15 minute chart of yours and noticed that demand line was placed around my line of support resistance. I didn't identifiy a zone there but a line of S&R. Price moved 25 pips below that pinbar low and line of S&R and then promptly moved back up to test it and drop from there overnight. What are your thoughts now on G/U considering the daily chart down to the 15 minute time frame?