Menu
Sister Sites

  • U.S. consumer sentiment slips slightly in early July

    From reuters.com

    Consumer sentiment waned slightly in early July, as Americans were more optimistic about current economic conditions than they have been in six years, but that was offset by a decline in confidence over the recovery's prospects, a survey released on Friday showed. The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment edged down to 83.9 from 84.1 in June, shy of forecasts for 85. The barometer of current economic conditions accelerated to 99.7 from 93.8, the highest level since July 2007. But the gauge of consumer expectations slipped to 73.8 from 77.8. While ... (full story)

its bad for dollar but no move market on this news why ? please says about it when market move e/u and g/u goes up when
human sentiment !!!
Quoting zykas
human sentiment !!!
whats mean human sentiment any idea about dollar go high tonight or low
just stay away from market.........!
Quoting ali awan
whats mean human sentiment any idea about dollar go high tonight or low
dollar/chf is just above the daily pivot, it may go up from here or down. The levels to watch is .95108 for a up move or .94717 down through the pivot level.
I think bank or hedgefund are waiting to shake us.
Quoting Bakker
dollar/chf is just above the daily pivot, it may go up from here or down. The levels to watch is .95108 for a up move or .94717 down through the pivot level.
Just keep in mind, you don't mess around with a pivot point, it could be very dangerous!!
"Mess around with a pivot point"? What does that even mean?

Quoting Bakker
Just keep in mind, you don't mess around with a pivot point, it could be very dangerous!!
wait until 1 hour,we can see the move ment
Quoting Squeeze
"Mess around with a pivot point"? What does that even mean?
Use your common sense.
For those ignorant of this fact:

In chaotic trading pivots are the fulcrum of all price movements across all time scales. Pivots represent points of directional price reversal and cause price to turn and trend below or above the pivot point over a range. As such pivots define the construct we call a price triangle or fractal and by extension pivots explain price cycles structurally.

Nice one!

BTW: Price triangles or fractals are transactionally defined constructs therefore underpinning them is the economics defined by the balance of market forces at the points that invariably define them - they are not simple constructs though to the uninitiated they may appear trivial - but that sense is a function of ignorance.
Surely you have a basic charting package that calculates them for you? Even Woodie and Camarilla? Are you suggesting that pivot point levels should be respected?

Quoting Bakker
Use your common sense.
Quoting Spreadbetter
Surely you have a basic charting package that calculates them for you? Even Woodie and Camarilla? Are you suggesting that pivot point levels should be respected?
Yes
Where can I post a chart picture to explain my point?
My favourite tool is pivot point. It is just like a radar that tells you how smarts money move price up and down along r/s zones.
Quoting Adyreal
My favourite tool is pivot point. It is just like a radar that tells you how smarts money move price up and down along r/s zones.
You're right buddy!!
Why? Surely everyone is aware of pivot point levels and their relevance. It's your words of "dangerous to mess around with them" which were odd.

Quoting Bakker
Where can I post a chart picture to explain my point?
So you're not advocating anything new wrt pivot point levels, you think its dangerous to ignore them.

Quoting Bakker
Use your common sense.
Quoting Spreadbetter
Why? Surely everyone is aware of pivot point levels and their relevance. It's your words of "dangerous to mess around with them" which were odd.
Let me then put it this way: Trading close or near a pivot point is tricky because the market tend to play havoc at this specific point. That's why it's called a pivot point, I'm not referring to S/R levels, only the pivot point itself.
  •  Guest
  • | IP X.XXX.174.50
Join FF
  • Story Stats