it should bounce. that kind of pattern (the one u have on your chart) is very common in cable. once it reaches the area where it started that rally, cable bounces nicely, just like magic
go back to history and check it out
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Dislikedit should bounce. that kind of pattern (the one u have on your chart) is very common in cable. once it reaches the area where it started that rally, cable bounces nicely, just like magic
go back to history and check it outIgnored
Dislikedbeen short on cable early today (when i got an m30 signal)
BEEN short on euro, and boy are those trades going nice and smooth.
JACKO!! where are ya budIgnored
DislikedJacko not a intraday minor swing trader, he will be waitn in the grass at a level u can be sure of it. Euro has been very friendly to Jacko in the yearsIgnored
DislikedIf 1.9460 is breached then I will cancel this trade....I think I will be ok though.....Ignored
Dislikedit should bounce. that kind of pattern (the one u have on your chart) is very common in cable. once it reaches the area where it started that rally, cable bounces nicely, just like magic
go back to history and check it outIgnored
Dislikedas much as i would like to see those DJ buyers out of "benny said it's alright, lets buy buy buy!!" mode, and markets face true reality, my gut feeling says we'll see DJ at 12600 by the end of the week, if not sooner.
i'm not sure if i see a double bottom on DJ on my chart, but it's close.Ignored
DislikedHello Malcomb,
Did you close your cable longs? I got some of the bear pips and have now reversed long @ 1.9520 with a stop under 1.9460. I am looking for 100 pips north first, then I will see how price reacts there....Has your outlook changed on this pair or are you still targeting 2.00?Ignored
DislikedYM is dj emini futures .... the delta is the difference between aggresive buyers and sellers ( in other words contracts being filled at market = aggresive buyers , opposite for sellers) . The lack of +ve delta indicates that the buyers are there , but it is more likely short covering on the futures contracts than true buying.
Put it this way on the 405 point down day the delta was -9000.
right now delta is only 170 . i shorted YM off 12350. I have moved stop to break evenIgnored