Monday, June 30, 2014

YMU4 - DOW- E-mini - Tuesday - 1st July

News (CE Time, GMT+1):


For the details clikk: here

Pre - Market expectation: Stong news, big volatility in the first section. The base channel didnt broke, therefore upwards movement can be correction. It would be an A wave in three waves thus three waves downward movement is expected with a new local low (expanded flat correction). Min. target zone 16620-16650. Chance: 60%

11:09

Chanel broken!!!! Bull trend came back. It would be 1-2-1-2 line. I mentioned this possibility some days ago, but I have already no trust in. In the next 2-3 hour sideways movement can come between 16880 and 16830.


11:22

Alternative: strong bull trend continu (chance 35-40%)

11:42

Divergence on '10, but RSI too high and the trend is bull. There is a resistance at 890-912.

12:11

I was thinking about a short, but the stop place and the traget price didn't give me a good RR.

12:32

No chance of correction. After NY dinner upwards movement will continue.

13:22

Trade, good though, bad doing. Stop changed was early.

13:30

I have no trading experience in this moving. Small timaframe is uncountable, I should buy all little correction, but I think I have to put it into practise. Good timeframe chosing is very important in this case.

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