That blue thing looks very pretty. What's it supposed to represent?
- #5,242
- Jan 7, 2007 8:16pm Jan 7, 2007 8:16pm
- | Commercial User | Joined Mar 2004 | 1,255 Posts
That blue thing looks very pretty. What's it supposed to represent?
- #5,245
- Jan 7, 2007 9:09pm Jan 7, 2007 9:09pm
- | Commercial User | Joined Mar 2004 | 1,255 Posts
Trollmann .... niceeeee...
- #5,251
- Jan 8, 2007 4:58am Jan 8, 2007 4:58am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Try not to lose yourself in the small timeframes 
Price got caught by the trendline at 1.9260, went back to prior low support now turned resistance 1.9350 and hit its head on the trendline connecting the lows.
We're now nearing a squeezout of this formation. Short term direction was up from the 4h pin bar, bigger picture is still down until we get back over (and close over) 1.9433ish I guess. Would put us back inside the channel at least.
Either we end up ranging around today and get the real move tomorrow or one of the two trendlines gives.
Just a guess
Price got caught by the trendline at 1.9260, went back to prior low support now turned resistance 1.9350 and hit its head on the trendline connecting the lows.
We're now nearing a squeezout of this formation. Short term direction was up from the 4h pin bar, bigger picture is still down until we get back over (and close over) 1.9433ish I guess. Would put us back inside the channel at least.
Either we end up ranging around today and get the real move tomorrow or one of the two trendlines gives.
Just a guess
Trust price. Know yourself.
- #5,252
- Jan 8, 2007 5:15am Jan 8, 2007 5:15am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #5,253
- Jan 8, 2007 5:22am Jan 8, 2007 5:22am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #5,255
- Jan 8, 2007 5:34am Jan 8, 2007 5:34am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
I guess its gonna stay rangebound for today, kinda like a rest after a big workout
- #5,256
- Jan 8, 2007 5:36am Jan 8, 2007 5:36am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
I guess its gonna stay rangebound for today, kinda like a rest after a big workout
But what keeps buzzing me here is that I've seen days like today and then BANG! a big a "sheat" move out of nowhere...
- #5,257
- Jan 8, 2007 5:43am Jan 8, 2007 5:43am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
A lazy triangle forming around 933X...
We may see some action shortly... Destination: unknown
We may see some action shortly... Destination: unknown
- #5,259
- Jan 8, 2007 5:52am Jan 8, 2007 5:52am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts