05-15-2008, 06:19 AM
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Superior Master Contributor and Member
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Join Date: Dec 2007
Location: Pip World!!!
Posts: 622
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Reason Why G/J Turn's in Bullish Favour!!!
Quote:
Originally Posted by mytwopips
g/j just being a flirty tease. She is going down. May pop on a news spike but down she will go. Right now is not the best entry. Maybe a sell stop will work best. If not triggered then no worries.
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No buddy it bullish...Actually i was also thinking to go short on G/J As i also said in my previous post but i also said that only if other conditions were in my favour to go short... but now see the screenshot i was ready to go short but at the end the candle in 4-Hour formed a reversal candle shape... So 1st G/J Remain's strucked their but after sometime it retraces back to bullish mood coz of this reversal candle in 4-Hour chart & You know im also trading through this pattren coz my morning U/J Trade was also based on reversal candle...That's why i didnt go for short...
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