regarding NXY, it's behaving exactly as I thought, it pulled
back off resistance last week, which is better because it was up 6
days in a row, that's why I drew that pullback off resistance and
then bounce off MA support, so far the chart has been playing
out.
It would have been very objective to buy NXY on the pullback
support instead of waiting for it to breakout. Steve and I
often buy the trade ideas early if they are at support or look good
on 15 or 60 min charts
NXY
Posted by dave858 on 14th of Dec 2010 at 11:05 am
Looks close to triggering as well.
regarding NXY, it's behaving exactly
Posted by matt on 14th of Dec 2010 at 11:17 am
regarding NXY, it's behaving exactly as I thought, it pulled back off resistance last week, which is better because it was up 6 days in a row, that's why I drew that pullback off resistance and then bounce off MA support, so far the chart has been playing out.
It would have been very objective to buy NXY on the pullback support instead of waiting for it to breakout. Steve and I often buy the trade ideas early if they are at support or look good on 15 or 60 min charts
I'm starting to get the
Posted by frtaylor on 14th of Dec 2010 at 11:20 am
I'm starting to get the hang of it - bought it at 21.65 last week on your comments about catching it near support. Thanks.