Hi Tip - true indecision for me atm in the 2660 -85 area. On your buy would would change your opinion - under 2620 or under 2580 ? I feel over 2645-50 everything is still bullish with normal OB's around.
However many look upon the 2677-80 area a intermediary top - and therefore might expect a 25-100 pips pullback - all depending on how good supports are - and how aggressive bears would be against the 2 main market makers?
Therefore in a ponder - and with NFP etc will carry in scalping both ways until we see further confirmations
Have a good day
Yes Peter Non-Farm Employment news bring some uncertainty .there are few scenarios that i consider
pullback ,than at news time spike to that level and if the news are good for us gradually fade out in sell...... or gradual progress up and at news time spikes depending on the news but on both scenarios target get hit.
Btw, and just suggestion please save file to *.GIF
to decrease its size and we can faster to load :)
And also its better put buy-limit @ support 1.2640 and 1.2615 to prepare NY Session today
altough my position like below since yesterday, I love to make 2nd and 3rd buy-position as additional trades :)
who knows we will see any short-pullback.
you did not scalp 3M anymore?
Thanks Tip - Hi Honest - yes that was Tiptop's chart and blog etc - but had asked for his thoughts as well - ( knowing hes a great trader;-) ) . Yes Honest still scalp every day - mainly off tick chart - but with assistance of 1 /3 /30 and 60 min charts. If I can let a scalp run into a swing will do - but after rise today from 2630 area - I came out twice on way up to 77 and now back to scalping again with sells back under 69 now and more buys over 85
ohh really sorry tiptop, Peter,
I didn't saw above, i realize now it is tiptop's chart-blog.
hehe.. maybe I'm getting old :)
Well done Tip - excellent forecast and still try higher atm - you had a nice trade there
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