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TFC Commodity Trading Forum

Daily LC *PIC*

Hey Everyone,

Without going into much detail, I'm a longtime lurker and quite honestly didn't know enough to add anything to the forum. I've studied charts, read books, donated to the markets and finally got serious with my homework. I've finally reached a point where I don't care what anyone's market opinion is. My homework and a few rules work for me, a simple speculator.

My last LC chart I mentioned a correction was possible. Price was at the Monthly channel line. Today the Daily channel line looks to be holding. On the chart below I have a long term objective noted. Will we go there? Jesse Livermore once said... Prudent speculators never argue with the tape. Markets are never wrong, but opinions often are. This retest of the highs will answer the question.

Messages In This Thread

Daily LC *PIC*
Re: Daily LC