Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
chessnut
on 15/10/2014, 23:52:26 UTC
Did you short on the 11th, as you advised:

Quote
OK. seems like b wave has terminated cerca 0.618 of a. a stop above the local top, 370, is an excellent risk reward opportunity for shorts. target 330.



 Grin

One can not always win. Trick is to gain most of the times. Right now he is quite cautious.

I did short at 370, but I also gave a close and buy signal below 370 so who could complain about that?  Cool

Long right now? Reasonably confident or have some doubts?

I am in no position right now the market is stagnant, could go either way and we need to wait for clarity. I suggested that we stand back since I saw a possible truncated v, which was the top. I gave a long signal at 2390 but I have also suggested to close that too.