AEX: spike low completed! :)
Hi traders,
This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;)
So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in trading!
Now I am looking for a retrace of some sorts (mind the gap at 556,50 and the downward trendline). Later in June/at the beginning of July, I expect more downward action...
Shalom,
Im
Disclaimer: think for yourself and search the truth!
This was the mid June spike low! My date was June 13 but I know it often comes a little earlier. Especially when the date falls in the weekend. ;)
So this morning at 536,50 I played a long position and just banked at 547. in 2,5 hours time. That is why time is so important, it makes me understand the moves way better and gives a huge edge in trading!
Now I am looking for a retrace of some sorts (mind the gap at 556,50 and the downward trendline). Later in June/at the beginning of July, I expect more downward action...
Shalom,
Im
Disclaimer: think for yourself and search the truth!
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