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- northpeak replied Jun 25, 2009
gotcha...lots can happen in 3 hours. lets hope that gravity is strong tonight...getting tired of this ranging.
- northpeak replied Jun 25, 2009
get your 4 hour breakout wormboy?
- northpeak replied Jun 23, 2009
.6275 is a rising trendline that we've been waiting to break. Generally a retracement will retest the trendline.
- northpeak replied Jun 23, 2009
That may have been a news pop... — "Moody's comments that the US AAA rating is safe for now. But warned that there are risks. One would be if the government is unable to bring its debt trajectory downward. Another would be if the dollar is ...
- northpeak replied Jun 19, 2009
Take a look at the EURGBP cross and you'll get an idea of their interaction. For a while the Pound has led the dance but recently(coinciding with this consolidation) the EUR has been the boss. From that you can deduct what ratio that each pair will ...
- northpeak replied Jun 19, 2009
Witching has made it crazy tonight. I'm out until Monday or if things get shaken out tonight. Gnight everyone.
- northpeak replied Jun 18, 2009
I wouldn't be suprised if we did another range trade this evening with a hard bounce off the lower trendline @ 1.6220 followed by a rocket and break of the upper trendline. That lower trendline should meet us this time around. Just speculation for ...
- northpeak replied Jun 18, 2009
My rule is that when I make a profit, I lose it the next day. But it beats loss after loss...er, I mean expense after expense!
- northpeak replied Jun 18, 2009
Just playing around in this tight range. Things are slowing down for the rest of the day anyway.
- northpeak replied Jun 18, 2009
Flipped back to short @ .6349, good call so far Jack. Since I flipped, you may want to go long...market always runs away from me!
- northpeak replied Jun 18, 2009
Long .6355, just above 61.8 fib. TP .6400
- northpeak replied Jun 18, 2009
His presentation to the House Financial Services Committee just got canceled because of floor votes. Besides, no one believes what he says anyway!
- northpeak replied Jun 18, 2009
So are you now thinking that we may break the upper trend line on this next cycle? It got close yesterday....the bull's batteries getting charged up again?
- northpeak replied Jun 18, 2009
Time to tighten up the stops, put her on autopilot, and get to bed. I'll be dreaming of .6150! Gnight all.
- northpeak replied Jun 18, 2009
I'm showing my next daily pivot support at 1.6114, so I get to choose between both trend lines and an indicated support line.....mmmm what to do. Any suggestions?
- northpeak replied Jun 18, 2009
All news points down....Oh, there she goes!
- northpeak replied Jun 18, 2009
Mmmm good! Now that's a tasty martini! Need a muscle relaxer for all this whiplash that we're having.
- northpeak replied Jun 18, 2009
I hope that's the case....real glad that I didn't move my stops down yet on that last push. Hope it holds.
- northpeak replied Jun 17, 2009
I'm hoping that this will be our last bounce and that I'll be able to go short for the longer term when/if the bottom drops out tonight. This scalping is hard on my REM time! Again, thanks for your postings. Between you and the Worm, I've learned ...
- northpeak replied Jun 17, 2009
Short @ 6420 on todays second retest of the trendline. TP right now at our last two bounces of 6220 ish. Stops are now at 6430.