Posted by sptrader on 17th of Sep 2014 at 02:18 pm
Hi... what do you guys recommend for plotting/planning after so
much yo-yo-ing after the FOMC announcement? The last few
candlesticks in the 5 min dwarf the entire day's prior prices.
Is it best to ignore the fluctuation and wait until it
settles?
Shopper...same as last night regarding Dollar, Gold,
GDX.
Keep an eye on rounding bottom on GDX 30 shown last night. Thus
far it has not been able to catch a bid. Gold and GDX remain in
downtrends and playing counter trends are higher risk.
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suggestions about instraday charts after FOMC
Posted by sptrader on 17th of Sep 2014 at 02:18 pm
Hi... what do you guys recommend for plotting/planning after so much yo-yo-ing after the FOMC announcement? The last few candlesticks in the 5 min dwarf the entire day's prior prices.
Is it best to ignore the fluctuation and wait until it settles?
I appreciate all comments... thanks
and what are your thoughts on US dollar and gold gdx?
Posted by shopper on 17th of Sep 2014 at 02:28 pm
Shopper...same as last night regarding
Posted by steve on 17th of Sep 2014 at 02:29 pm
Shopper...same as last night regarding Dollar, Gold, GDX.
Keep an eye on rounding bottom on GDX 30 shown last night. Thus far it has not been able to catch a bid. Gold and GDX remain in downtrends and playing counter trends are higher risk.