I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of All, all Praise and All Glory is Exclusively and Entirely For Him.
I am always, grateful to The Most Magnificent, for the all the opportunities, including which come in form of challenges.
As I said on Friday that We are LONG since Friday. Therefore Friday’s lows are important support to watch. Once I see them holding as strong support, then, it is an opportunity to add, which I believe it is, due to the Guidance of The Almighty The All-Knower of hidden and obvious. In the event, said lows are broken, then We shall have to close the LONG at loss and take the reverse position. However, I am very confident that it is another opportunity to add to our LONGS.
Hint: I watch for first Hourly Bar to Close below the low of Friday, that is the signal that Low of Friday was broken. and next hourly bar does a follow through.
http://trade-in-harmony.blogspot.com/
Hello Mr.Syed,
I see that the support for QQQQ was broken this morning. Do you feel this may be a good time to go Short?
Thanks for all your help.
Andrew