Disliked105ish was last big support like 10 weeks ago on the way down. UJ failed twice there in the last 2 weeks.
The good new is, when cracked, 105ish will become strong support again.Ignored
Patience + Humility + Study = Success
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
Disliked105ish was last big support like 10 weeks ago on the way down. UJ failed twice there in the last 2 weeks.
The good new is, when cracked, 105ish will become strong support again.Ignored
DislikedAbove 105, so I assume we're test the usual 105.54, then 106.60 if we break above that trendline that was broken.Ignored
DislikedDow is kicking butt. But I think fanfarre starts above 13k. 50 points to go, not ruled out.Ignored
CNBC.com
It’s another record in the real estate market, and it’s not a good one. RealtyTrac, the online foreclosure sale site, which has also been tracking foreclosure activity since the beginning of 2005, reports the single largest one-month volume of foreclosure activity it’s ever seen.DislikedIt's not a pin-bar Dutch. According to James16, the pin-bar must "protrude from surroundig prices (stick out from surrounding prices); it cannot be an inside bar"
PDF on Pin-bars attached
Now, if the daily close is below 104.90 (previous bar high), then we would have a daily pin-bar (entry is 10 pips below the pin-bar in the next bar). Pin-bars are reversal indicators, so it must indicate reversal from the trend - which means, point in the direction against the previous bars.
P.S. I wrote "bars" so many times, that it got me thirsty :blushing:Ignored
Disliked105ish was last big support like 10 weeks ago on the way down. UJ failed twice there in the last 2 weeks.
The good new is, when cracked, 105ish will become strong support again.Ignored
DislikedIgnored
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