basically the move from 7120 to 6560 briefly happened and converged with the fall in risk sentiment overnight. dow falling, yen rising(USDJPY falling). it is now finding difficult to breach 6416. also 6596 support has held which makes me think we continue the rally till 7120 and then we will reassess.
All my shorts have been closed and i had a sell stop which was triggered at 7000 in overnight move and i have closed that as well
All my shorts have been closed and i had a sell stop which was triggered at 7000 in overnight move and i have closed that as well
Comment:
if for some reason we break 6477 and 6416 will reassess this trade
Comment:
its looking like a bad trade already. let me see what happens at 6477 and 6416
Trade active:
trade going on well.
Trade active:
bang on we stopped at 6416 and in came the buying. someone who bought there now knows why i spoke of this level 3 days back. as long as we hold 7036 now we are fine for one more go at 7200 and eventually 7500
Trade closed: target reached:
closed some 7200. we have a problem at 7308. still holding some.
