DislikedMore than TA is common sense. you are right that it can go > 1000 more pips down today but when you consider the usual ATR in the last 5 years and when you have almost 300 pips non stop in one direction in a few hours, common sense dictate to be extremely careful in a continuation and that a pullback/retrace maybe in their way. Just my 2 cents.
sissreIgnored
- Post #334,861
- Quote
- Nov 29, 2010 11:28am Nov 29, 2010 11:28am
- | Membership Revoked | Joined Oct 2010 | 1,186 Posts
- Post #334,863
- Quote
- Nov 29, 2010 11:32am Nov 29, 2010 11:32am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- Post #334,864
- Quote
- Nov 29, 2010 11:34am Nov 29, 2010 11:34am
- Joined Jan 2007 | Status: Member | 3,719 Posts
Nihil Sine Deo.
- Post #334,865
- Quote
- Nov 29, 2010 11:35am Nov 29, 2010 11:35am
- Joined Oct 2008 | Status: sideline is a position | 97,880 Posts
those who can, do. those who cant, talk about those who can
- Post #334,866
- Quote
- Nov 29, 2010 11:35am Nov 29, 2010 11:35am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- Post #334,867
- Quote
- Nov 29, 2010 11:35am Nov 29, 2010 11:35am
- | Additional Username | Joined Oct 2010 | 578 Posts
- Post #334,868
- Quote
- Nov 29, 2010 11:36am Nov 29, 2010 11:36am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- Post #334,869
- Quote
- Nov 29, 2010 11:37am Nov 29, 2010 11:37am
- | Additional Username | Joined Oct 2010 | 578 Posts
- Post #334,870
- Quote
- Nov 29, 2010 11:37am Nov 29, 2010 11:37am
- Joined Oct 2008 | Status: sideline is a position | 97,880 Posts
those who can, do. those who cant, talk about those who can
- Post #334,871
- Quote
- Nov 29, 2010 11:38am Nov 29, 2010 11:38am
- | Membership Revoked | Joined Oct 2010 | 2,745 Posts
- Post #334,872
- Quote
- Nov 29, 2010 11:39am Nov 29, 2010 11:39am
- | Membership Revoked | Joined Oct 2010 | 1,186 Posts
- Post #334,873
- Quote
- Nov 29, 2010 11:39am Nov 29, 2010 11:39am
- Joined Jul 2007 | Status: Member | 5,392 Posts
ex member
- Post #334,874
- Quote
- Nov 29, 2010 11:40am Nov 29, 2010 11:40am
- | Commercial Member | Joined Oct 2008 | 5,712 Posts
- Post #334,875
- Quote
- Nov 29, 2010 11:43am Nov 29, 2010 11:43am
- Joined Jul 2007 | Status: Member | 5,392 Posts
ex member
- Post #334,876
- Quote
- Nov 29, 2010 11:45am Nov 29, 2010 11:45am
- Joined Apr 2007 | Status: Member | 3,047 Posts
The best thing that can happen to you is to find out where you're wrong.
- Post #334,877
- Quote
- Nov 29, 2010 11:48am Nov 29, 2010 11:48am
- Joined Oct 2008 | Status: sideline is a position | 97,880 Posts
those who can, do. those who cant, talk about those who can
- Post #334,878
- Quote
- Nov 29, 2010 11:49am Nov 29, 2010 11:49am
- | Commercial Member | Joined Oct 2008 | 5,712 Posts
- Post #334,879
- Quote
- Edited 12:11pm Nov 29, 2010 11:50am | Edited 12:11pm
- Joined Mar 2008 | Status: Name real with real own way | 20,637 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- Post #334,880
- Quote
- Nov 29, 2010 11:51am Nov 29, 2010 11:51am
- | Additional Username | Joined Oct 2010 | 578 Posts