recency effect - a case study, page-19

Seems to be duck hunting season,
I for one like to watch ducks swimming around and listen to them quack.
How about we spend a little more time talking about QBE, wether that means funda"mentalists" or short term/day traders, there's room for everyone in the market and we can go around comparing the size of our beaks all day but it won't make us any money.
I really hope we can raise the standard of current postings to what we have enjoyed for several months without degrading into personal stoushes.
END OF RANT, QBE POST BELOW!

Been a very interesting few days imo, i didn't think we would close above the highs at 18.40 from the previous up move but we have now closed above that twice!
Whilst rsi reached overbought and we saw what was going to be massive bear candle raise off the daily lows and close ABOVE 18.40.
I thought we were due a decent 2-3 day pullback but it seems buying support is still willing to kick in on any weakness, so too sellers seem ready to pounce on strength.

Probably get an attempt at a selldown tommorrow but it's already got two red candles on my chart (been getting some weird numbers on my IG charts atm) which would make any down move tommorrow the end of a 3 day pullback.

All in all i'm still not trading this one shorterm, to much potential to get large gaps in either direction, i hate gaps, some of my worst losses have come from gaps.