Fourth daily failure to close above 1.2824

I own two businesses and trade. That's essentially three businesses. And guess what? I price theft into every model. Of course there's nonsense going on behind closed doors. Of course every now and again S*ros and some friends move the market 500 ...

Simple solutions! Nice share.

I move around markets and find levels of value (one trader's perception, of course), and then trade these very defensively -- there are a variety of ways to trade levels/zones defensively. Short term traders have done very well today working that ...

?? The market could not be more technical, imo. Last week was a mess, but this week it seems as clear as day, and is trading accordingly.

@ venzen. nice addition^. i used to heavily blend the two (fibs and wave theory), but have since swapped level analysis with wave analysis. my entries admittedly were more precise with the blend of wave and fib analysis, but the labor was ...

Yes. This one's been so technical for so long now that there needs to be a little pain/clearance, or so I believe. I plan on not feeling it!

Trading is predicting the future based on statistical analysis. That analysis is either technical, fundamental, or a blend of both. Business owners do the same. A coffee shop owner staffs for Tuesday traffic based on analysis. A grocer buys ...

50 back battle in play:

INTERESTING level here. 50 back bounce... now back to historically valuable level. I have my guesses!

Divergence + failure to hold daily close above major Fib + fade opp =

Waiting for 5285 and not front-running obvious p/a turned out costly.

Profit taken, and the rest secured at b/e. 8525 of obvious interest, again.

^ I hope you're wrong. :-) But good luck! And a good couple pics for newbies to show that money can be made in both directions.

Update from yesterday... broken 78.6... retracement into support.

5285 worth noting:

Stop hunting?

Will be looking at long opportunities if retracement continues now that 78.6 is blown:

0217 and 0244 of interest:

Wicks going to hold?