
Dear Readers, it looks like the Summation Line often has given the signals when the Pressure Gages, got into confused state. Now, Please understand, Gages do not get into confused state without first visiting an action, more definite state and the last such state was a relatively high Sell Pressure state, so , in a sense they are where they were then and have nothing new to say. In these situations the summation line is the best guide and it has On Friday pushed us into sell, but I could not find low risk entry place and time(weekend...) to get all of us on board. The summation line is still, sort of a leading downside, until it turns up from lower level. That is all we need to know. Are we going to find a nice place to enter, I do not know. Are we going much lower from here? I am not certain, I prefer to get to Sept 18-20 without very sharp corrections here. So, there. So far GOLD/GBP/JPY/STOCKS they have all been confirming the stance, stay tight and collect(ed) profits or trail(ed) stops.
Good Trading
11 comments:
Boris,
Good morning, thank you.
Old John
Hi, Good Morning John
Good To see you
GOod Trading
Boris,
I can see that this trade was not for the relatively new trader as I am , so I stood aside.
Old John
Good For you John,
I have declined this chacne for myself personally as well.
Reason? Simple.
I will not hold Weekend positions unless there is a substantial cushion in profits. There was none this time as trade would have to be initialed just before close.
Good Trading
Dear Boris, how much longer until the yen is put back in the kennel ?? It's on a tear again. Since the spx appears to be married to the yen, any thoughts ? Thanks and good trading, Daveo
Dear Dave,
I said it was of leash again FRIDAY. well, I do not it see it back completely on leash at least until it reaches 114.20 area again. Yen could chose to do it fast or slow. We shell see.
Good Trading
Follow the banks---getting hammered again
Dear LagSCrew, they all follow one DOG... YEN.
Good Trading
Good mornin Boris!
THX for your hard work again. Yes they do follow the Yen, which I have been taught here.
LAG
Dear LagScrew, To you success.
Hard work will always pay!
GOod trading
Hi Boris,
Approaching BOUNCE POINTS:
13168
2526
1445
Previous BP's Now Resistance.
Jim
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