EWZ (Brazil) continues to work

    Posted by steve on 8th of Apr 2014 at 09:34 am

    EWZ (Brazil) continues to work higher and is getting very extended now. 

    EWZ fading into gap

    Posted by steve on 8th of Apr 2014 at 10:27 am

    EWZ fading into gap

    Thanks..

    Posted by survup on 8th of Apr 2014 at 02:27 pm

    ..for this one Steve. Nice move; nice profit.

    and remember that one was

    Posted by matt on 8th of Apr 2014 at 03:02 pm

    and remember that one was in the newsletter as well, keep an eye on the trendlin now however for now it has at least provided a reversion to mean pullback trade.  

    Educational Comments: Note on the 60 min that the 60 length Stocahstic is falling below 80%  after being above 80% for a long time, this may signal that more pullback is coming and that the uptrend line will be broken.

    Also notice this morning that price exactly reversed off the parallel trendline, that was your low risk short! This is a good educational example

    Nice...

    Posted by survup on 8th of Apr 2014 at 05:17 pm

    appreciate the update Matt.  You guys provide lots of great set-ups. 

    Well done..survup. It has been

    Posted by steve on 8th of Apr 2014 at 02:43 pm

    Well done..survup. It has been a nice trade 

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