BAR REPLAY - 10JUN16

BIG PICTURE

• PRICES HAVE BEEN IN RANGE FOR LAST 10 TRADING DAYS. OVERALL TREND IS UP. PRICES ARE BEING RESISTED AT BRN 8300.
• PREVIOUS DAY DAILY CANDLE IS IN DECLINE MODE.

TRADING DAY

• 10:02 - PRICES OPENED AT PDL AND HAS BEEN TRADING BETWEEN PDC AND PDL. OPENING BAR IS A MC. IF PRICES ARE ACCEPTED BELOW PDL, THERE IS SPACE FOR 30 POINT MOVE UNTIL PREVIOUS RANGE LOW.
• 11"06 - PRICES WENT UP SHARPLY AND ARE AT PDH. WAS NOT PLANNING TO GO LONG AS BIAS WAS DOWN. NOW BIAS CHANGES TO LONG.
• 11:21 - PRICES RESISTED AT PDH AND BRN. TO GO SHORT BPB OF PDH AT 8270.
• 11:30 - TRADE FILLED. E-8270, ISL-8291. TP-RN 8250.
• 11:51 - MOVING SL TO MSP 8276.
• 12:36 - MOVING SL TO 8265.
• 12:46 - MOVING SL TO RN 8251.
• 12:58 - MOVING SL TO 8231 NEAR PDC.
• 13:01 - TP AT BRN 8200.
• 13:05 - CLOSED TRADE.