Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › Monday 30th September to Friday 4th October 2013 › Reply To: Monday 30th September to Friday 4th October 2013
Marko indeed.
Here is my take on it posted for today.
I am going to keep this brief in view of its crooksday. NFP’s have been cancelled today due to US Government pollux SYSTEMS wise we have a magnitude of +ve KHC’s which suggest a +3/+5 minimum but against that we also have a KTS and BDIP in play (bearish combo) The KTS is a KTS5 which can often lead to a pop on DAY1 and then drop on DAY2 or intraday pop and drop. Resistance to is 1675/7 area. Above that resistance is at 1680 and above that it can try for a rally. Support is at 1663 below which it will continue to make lower lows. As it stands I may short 1677/80 but probably do nothing until RTH
Plan your trade, trade your plan!