Actually it is a bearish consolidation formation leading to a bullish continuation.
In English? We are going up a bit more.
In English? We are going up a bit more.
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DislikedActually it is a bearish consolidation formation leading to a bullish continuation.Ignored
DislikedActually it is a bearish consolidation formation leading to a bullish continuation.
In English? We are going up a bit more.Ignored
Dislikedbut isnt that a bear flag? consolidation in opposite direction and then continuing down?Ignored
DislikedActually it is a bearish consolidation formation leading to a bullish continuation.Ignored
Dislikedwell, g2g...
got 3 open shorts with s/l above 5200...
I reckon we will at least hit 5130 where 50% of open trade will be tp and then 5100 for the remaining...Ignored
DislikedNo it is a bullish continuation of the retrace, hence a consolidation of the bearish reversal of the initial retrace that was consolidated into a bullish formation of the continuation.
Yes, we going UPIgnored
DislikedNot me, not convinced yet we are going back down, this retrace has some bite left in it. That little down candle was NY open in my oh so humble opinion.Ignored
DislikedOh I can count, all the way to a hundred, we all now you can count to a hundred and back....
Reason why I feel this retrace has some bite is the 150ma on H1 we are set to range for a bit here before a clear direction.Ignored
DislikedGood jolly banter on the trading floor, I love it.
Edit: pawpaw may just get his way here, lucky sod.Ignored
DislikedA break of 15144 would make you change back to a bear stance, right? That's with all four pawpaws against the wall http://cdn.forexfactory.com/images/s...m/big_grin.gifIgnored
DislikedThat's OK. I'm still counting forwards and backwards quite a bit at the moment.
I know that cloggie cashed in @ 15130, but I was wondering what would be the price when he goes short again. I assume his MAs would also be a factor in his decision making.Ignored
DislikedWe have stalled at 15150 before. If NY cant clear this level convincingly early in the session, I'm cashing out. No pending news except for the FOMC minutes coming out in a few hours, but no surprises there. So bottom line, if we don't see a convincing break, I think Cloggie will have it his way.Ignored