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- d4amenace replied Nov 12, 2012
Morning mohan. US is still on veteran's day holiday. Bull comes off vacation in US session. Had a long weekend drinking red bulls.
- d4amenace replied Nov 12, 2012
Price bouncing off my long term support level at 1.2678...shall see if it holds.
- d4amenace replied Nov 12, 2012
Did not know that, thanks for the tip.
- d4amenace replied Nov 12, 2012
Keep in mind this entire move with asian open and everything is only 35 pips....no strength there. This is usual drift for asian session, possibly see more during Euro session. Game changer is if during Euro session you see outright ...
- d4amenace replied Nov 12, 2012
I trade based on reality of what I have seen first....then I through in a few technicals. This is a nervous man's market...movement goes with emotions, technicals get to shine when no-one is looking. (i.e, fiscal cliff, Euro crisis, Greekocalypse)
- d4amenace replied Nov 12, 2012
I disagree, asians effect has been negligible over past few months....Euro session and mostly US session has been the big mover for the Euro. Buyers can hold through asian sessions and movement potential dies quickly after the open. If I had buys ...
- d4amenace replied Nov 12, 2012
Not really "bear pressure" just lack of US involvement. I believe most will be singing the "bull" tune by US session open tuesday. SPX fell quite a bit last week...bull run may be short term due to it being a trend relief turn but it will be notable ...
- d4amenace replied Nov 12, 2012
Well....so much for that idea!
- d4amenace replied Nov 12, 2012
Possible Short term double bottom on hourly. 150% retracement up to 1.2764 if support at 1.2690 holds. Still early. Need the close of a couple bars before confirmation.
- d4amenace replied Nov 12, 2012
Be careful of making this assumption on US bank holiday. Not enough market participants to render the full scope of investor sentiment.
- d4amenace replied Nov 12, 2012
You are spot on 5percent. What a lot of technical traders forget to factor into their trading is real life. That things in real life effect the movements of price. Holidays for the average tech trader is like tradeggedon. "Why is price acting this ...
- d4amenace replied Nov 9, 2012
No commission. Only very low spreads.
- d4amenace replied Nov 9, 2012
Double top from Oct 17 has completed as of 1.2700 Expecting a bounce from here with US equities recovering...possibly during first asian session of next week....perhaps during first US session next week.
- d4amenace replied Nov 9, 2012
Obama set to speak in 20 minutes could move markets. Will be talking about fiscal cliff and possible movement in negotiations.
- d4amenace replied Nov 9, 2012
Pepperstone or profiforex
- d4amenace replied Nov 9, 2012
Tired now. Must rest. Even zombies need to take a break from all the moaning. Night all.
- d4amenace replied Nov 9, 2012
Just dumped my Euro shorts for small gain from earlier today. If Europe was going to come in and drive the risk aversion run, I feel it would have happened out the gate. Gut feeling sellers will bail and risk appetite will be on for friday morning ...
- d4amenace replied Nov 9, 2012
Bought at 1.2740 SL 12670 target 1.2850 or first NY session out Key support at 1.2700 and 1.2680 Fingers crossed....butt clenched. Not much of a scalper myself...in it for the long haul. Not playing with big money.
- d4amenace replied Nov 9, 2012
LMAO....Good one!
- d4amenace replied Nov 9, 2012
Actually a good call figher...I am with you. Friday bear unraveling should present minor bull ops. Should go well into first Euro session next week.