< CD, I bought most of that ADM off of you at 1.31. Thanks. >
Lol, sometimes I'm affraid, that these little friendly teases may cause that CD will stop posting his trades. Hopefully not.
I did in past buy something afer him, but I wouldn't tease him like this, because I know, that he is waaaay better trader that I am and I can only hope I will one day come close to him and his results.
His sells are, because he is disciplined and he follows his set_ups. Sometimes he may miss something but in general it keep him away of troubbles.
As of ADM.V - I would sell it today too. Not because of FA. I'm subscrieber too <g> but techically doesent look to good (talking short - swing term):
Look first at the end of April, start of May.
See, how we got first divergences (purple lines) betwen price and some indicators (CCI, RSI, UI) then follows MACD, PPO and ADX rollovers (red circles) combined with trendline break. This usually results with several down days.
Now the same is happening again. I would be seller here too. And buyer somewhere around 1$ - this is just a guess. For entry I will use the same setup as before for sell, only reversed.
Usually works unless something (news) happen. Tonight we have a mess (Izrael, Lebanon, possible excalation of war...) so this may send all up tomorrow, together with ADM.V that is true. But personally I will guess that commodities will go up, but stocks will unfortunatelly continue down. I hope I'm wrong. |
