We are somewhere near ITD 7 low, probably could be due in the next few days. Notice in the past two cycles ITD 7 low was due slightly after the blue vertical line. Currently we are already 1 trading day after the blue vertical line. I am looking for an intermediate trend up to ITD 8 high to add short. That's probably on the third / fourth week of July. I currently have short at 159.8 and will keep it until mid August, currently with stop loss at 160.27. I will move the Stop Loss to 1 pip above ITD 8 high later after I confirm the position of ITD 8.
1 comments:
INVERSION AT ITD 12, POSITION 1 SHOULD BE POSITION 2. THIS WILL CORRECT YOUR COUNT. YOUR ITD 7 SHOULD BE ITD 8, ITD9 IS COMPLETED, DOWN TO ITD 10 DUE 2 AUG 2009. SEE IF YOU AGREE. BEST WISHES.
Post a Comment