Hello
auni- yes it's
tough now, the low risk time to buy some was yesterday when I
posted it. I posted it 2 or 3 times yesterday, that's when I
picked some up, here's the posts from yesterday, click the link
below.
Otherwise I added to my position in the morning on the open,
that was another time. Now it's tough here to buy since it
has a nice move so far. It may continue to follow through on
momentum, but personally I'm not a good
good momentum player
Keep an eye on the 15 and 60 min charts for signs of a pullback,
for now the chart still looks very strong, the 15 min has some
minor divergence forming but it still looks strong to me otherwise,
and the 60 min is super strong. Therefore it may run higher
before it pulls back
Hello auni- yes it's tough now,
TNX 10 Year Yield and TBT
Posted by matt on 14th of Mar 2012 at 03:28 pm
Hello auni- yes it's tough now, the low risk time to buy some was yesterday when I posted it. I posted it 2 or 3 times yesterday, that's when I picked some up, here's the posts from yesterday, click the link below.
http://breakpointtrades.com/blog/post/194706/
Otherwise I added to my position in the morning on the open, that was another time. Now it's tough here to buy since it has a nice move so far. It may continue to follow through on momentum, but personally I'm not a good good momentum player
Keep an eye on the 15 and 60 min charts for signs of a pullback, for now the chart still looks very strong, the 15 min has some minor divergence forming but it still looks strong to me otherwise, and the 60 min is super strong. Therefore it may run higher before it pulls back
the 5 min TNX, 60
Posted by matt on 14th of Mar 2012 at 03:41 pm
the 5 min TNX, 60 Stochastic has been over 80% since yesterday, so perhaps that is due for a minor retracement soon anyway