OK I think I see what you are talking about ?
Hey DOV how do you draw the lines and add words to your chart, is that in MT4 ?
Hey DOV how do you draw the lines and add words to your chart, is that in MT4 ?
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DislikedHey thanks Popee. So easy to understand when it's laid out clearly like that. I'll set the ball rolling then. Oh yeah you can see price pauses a little bit around the fib in the second entry. So you could either TP or set SL to b/e, I guess.Ignored
DislikedMorning popee, (I live in london)!!
thanks for all the analysis, and links. Dow SR and confirmed double top on the daily chart is confusing. At present dow is in a positive territory. But people inside banks know what's going to happen. Advantages of modern technology and globalisations. Banks have branches and collegues everywhere :-)
As scalpers we don't care where it's heading but have to know the main trend. Sometimes market buy only to sell later. We might see prices going up for a while. If daily breaks 50-100 pips barrier either way then...Ignored
DislikedSpot on ams .... ....
I think guys .... banks will push for a re-test of 8840 first .... then close in on guyz unawares as they take profit ..... .... it's a FRIDAY for crying out loud ... ... lol
Ams.... with regard to DJIA ... pls post what you find .... ... too bad am not used to these US index .... concentrate much on the NSE 20 down here .... Ours am told by colleagues is projected upwards .... ... same could possibly go for the DJIA .... :nerd: ...
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Dislikedyup, hope for the best. Markets seems like steaming out... dow gone negative for the moment...watch the index from last few weeks, it's going up and down..markets are consolidating.
Now you have cast and eye on dow, and put forward your hand I am sure dow will become your friend in a few days...
amsIgnored
DislikedHang on a minute....
I am missing someting right in front of my eye....
on daily chat look at cci and rsi...and try to see divergence between last top and now....it hasn't gone up much has it?
Now another mystery to be solved and crying out loud for shorting cable and eu....
will wait and watch today...seems we are heading north.
amsIgnored
DislikedAms... as you can see ... I rarely trade against the trend ( all buys) ... I learnt this back in 2005 ... the hard way ...
Yesterday .. ... things moved so fast NY session ( I had missed out on London session) .. .. didn't get time to place trades on FXDD as you can see ... I was all live ... but referencing Katy for Signals .....Ignored