Look at this one.. I added the fib, see pa at 61.8.
I expect a breakout soon.
Dazzer
I expect a breakout soon.
Dazzer
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DislikedIf your analysis gives you a price ceiling (mark) for gradual entries and a TP (either price or profit) then it is safer to use this method. But normally reward does not match the risk in longer term, especially when PA suddenly jumps in one direction with no apparent reason. I lost an account when pa once moved 600 pips in one direction (1.3000 to 1.2400) against my bias, adding positions on every 100 pip down. Then broker increased spread at one point when I was hanging in balance with carefully calculated margin on normal spread. Wiped me out...Ignored
DislikedWall street raiders. Big boys picking on medium and small boys-ran it right up into a huge cluster of stops-they knew what they were doing.Ignored
DislikedFrom here on pivot point becomes the clue to orders, below 1.4269 and down it goes. Let's see.Ignored
DislikedIf my memory is good, it should go there once again plus below that . Let's see if history repeats itself again this time. If it is going to happen, should happen today before NY close. Last time it occured 2 hours before NY close. And one hour before NY close, it came back where it was two hours ago.Ignored
DislikedYep, I've been watching that all day....as well as the weekly pivot just below. The PA has made a couple of good efforts at breaking free today, but it just retraces from 4252. So I will need to see something with a bit more power before I'll consider a short in that area.....Ignored
DislikedIn what country?
And why wouldn't this be pre-trading for the New York open?Ignored