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The Chonchy
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
DislikedLast Thursday and Friday was full of Drama, we had some violent move of the PA time to time as news reaction related to fiscal cliff.
This week closed with the 2nd possibility of going Long from an attractive Support which is now tested twice and proved buyer position.
My conclusion is,
1. Smart Money in Play for last couple of hours : In that case this move will fade out by next Monday. OR
2. Actual Buyer Position : Will see another High on Monday.
So, the Trade Strategy would be targetting critical S/D zones by reading H4....Ignored
Dislikedplease do.......i'll get some homework in here to get a perspective. thanks again.Ignored
Disliked.......good analisis, lets see what happens sunday, but i concur with a rally on monday, perhaps, who know's maybe, maybe black monday, lol.........only they know for sure.......Ignored
Disliked.......good analisis, lets see what happens sunday, but i concur with a rally on monday, perhaps, who know's maybe, maybe black monday, lol.........only they know for sure.......Ignored
DislikedLast Thursday and Friday was full of Drama, we had some violent move of the PA time to time as news reaction related to fiscal cliff.
This week closed with the 2nd possibility of going Long from an attractive Support which is now tested twice and proved buyer position.
My conclusion is,
1. Smart Money in Play for last couple of hours : In that case this move will fade out by next Monday. OR
2. Actual Buyer Position : Will see another High on Monday.
So, the Trade Strategy would be targetting critical S/D zones by...Ignored
DislikedRally like fade out the long move and continuation of Sale Rally for the Longer term or short term bull rally?Ignored
Dislikedfriday candle, imo, has no value. smart money in play for last couple of hours could have been just profit taking. thin market next week. be careful if you are planning on getting in.Ignored
DislikedThanks. I try trading with a bias free mind, it helps me to see opportunities and limitations on both sides. Market is so dynamic, so manipulated and so much news drivien time to time that, as you said, we all need to be careful with our trade and money.
So far good for me as I able to get profit from selling @ 1.277x zone and closed @ 1.269x last day and now looking for next trade set up.
A beautiful Morning here, so I am looking at the charts with fresh mind before I get too much busy with other important deliverables for the day....Ignored
DislikedLet me tell you a Tale..
Live was tough for the largest empire that had ever spanned the globe. Unemployment levels were at all time highs and getting worse...
And as result PPL were saving money and spending less. Retail shops continued to close their doors and layoffs increased as demand for products slowed.
So, as result the government hired thousand if workers at inflated wages, the administration spent record amounts of money on public works projects, food programs to feed the population and continued to increase the size of military...Ignored
Disliked........A simple reasoning for me is that this daily candle retrace its 50% already, if it goes under 26896, (100.0) on sunday or monday or wensday, I'm all in........Ignored
DislikedLet me tell you a Tale..
Live was tough for the largest empire that had ever spanned the globe. Unemployment levels were at all time highs and getting worse...
And as result PPL were saving money and spending less. Retail shops continued to close their doors and layoffs increased as demand for products slowed.
So, as result the government hired thousand if workers at inflated wages, the administration spent record amounts of money on public works projects, food programs to feed the population and continued to increase the size of military...Ignored
Disliked...........great post peters, goes to say that history repeat itself and we are feck.......good post
Ignored
Disliked...........great post peters, goes to say that history repeat itself and we are feck.......good post
Ignored
DislikedLet me tell you a Tale..
Live was tough for the largest empire that had ever spanned the globe. Unemployment levels were at all time highs and getting worse...
And as result PPL were saving money and spending less. Retail shops continued to close their doors and layoffs increased as demand for products slowed.
So, as result the government hired thousand if workers at inflated wages, the administration spent record amounts of money on public works projects, food programs to feed the population and continued to increase the size of military...Ignored