DislikedI think we dont have to wait for the monthly to become a pin bar. Weekly charts already confirms the pin bar and looks like a double top also.Ignored
Anything below 1.56 will be price to sell (the crap out of) in the monthly pin-bar
Cesarnc's market talk, gossips, rumours & fun
- #10,261
- Jul 24, 2008 9:19am Jul 24, 2008 9:19am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #10,262
- Jul 24, 2008 9:39am Jul 24, 2008 9:39am
- | Joined May 2007 | Status: Trader | 4,716 Posts
But in the weekly, what bothers me is the 1.56 level, which was resistance and became supermarket last time visited.
Anything below 1.56 will be price to sell (the crap out of) in the monthly pin-bar
HOLLA
- #10,263
- Jul 24, 2008 9:39am Jul 24, 2008 9:39am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #10,264
- Jul 24, 2008 10:02am Jul 24, 2008 10:02am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Here is a EU quarterly chart showing a Long-Legged Doji for last quarter. Uptrend still definitely up but looks ripe, at least, for a pullback as it has been doing the last couple of days:
I like it.......ALOT!!!!!!!!
HOLLA
- #10,265
- Jul 24, 2008 10:26am Jul 24, 2008 10:26am
- | Joined May 2007 | Status: Trader | 4,716 Posts
DAMM..........
DOW is down and so is the Euro and Pound going into the London Close......
I smell something brewing going into Friday.....
HOLLA
DOW is down and so is the Euro and Pound going into the London Close......
I smell something brewing going into Friday.....
HOLLA
- #10,266
- Jul 24, 2008 10:32am Jul 24, 2008 10:32am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Investors snapped up shares of mortgage finance giants Fannie Mae and Freddie Mac before Wall Street opened Thursday, a day after the House of Representatives passed a massive rescue package to shore up the struggling housing market.
The bill would allow the government to extend an emergency lifeline to the two companies, which own or guarantee nearly half of the $12 trillion in outstanding U.S. mortgage debt.
The Senate has yet to vote on the package, but President Bush dropped an earlier threat to veto the bill, paving the way for investors to snap up Fannie and Freddie shares. From CNBC.
I don't know why he was bluffing...because he's taking a piece before he walks out the door.
That was a sad 8 years....
But it taught me that we could see this again soon.....
I will surely be ready for it!!
HOLLA
The bill would allow the government to extend an emergency lifeline to the two companies, which own or guarantee nearly half of the $12 trillion in outstanding U.S. mortgage debt.
The Senate has yet to vote on the package, but President Bush dropped an earlier threat to veto the bill, paving the way for investors to snap up Fannie and Freddie shares. From CNBC.
I don't know why he was bluffing...because he's taking a piece before he walks out the door.
That was a sad 8 years....
But it taught me that we could see this again soon.....
I will surely be ready for it!!
HOLLA
- #10,267
- Jul 24, 2008 12:27pm Jul 24, 2008 12:27pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #10,268
- Jul 24, 2008 12:45pm Jul 24, 2008 12:45pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
Here is a couple of index (S&P500 / Dow) charts I posted over on "USA and its economy" topic:
How many things are you trading.....
5650 support getting broken down.....
HOLLA
- #10,269
- Jul 24, 2008 1:31pm Jul 24, 2008 1:31pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
DAMMM BRO........
How many things are you trading.....
5650 support getting broken down.....
HOLLA
Just the S&P eMini ES & Russell 2000 ER2 plus EU and UJ. GU sucks for a long time now. Oh and sometimes the mini crude QM but that has been freakin' wild. Which can be a good thing and sometimes not!!
But I watch a s#^@ pile of charts for the inter-relationships.
- #10,270
- Jul 24, 2008 1:33pm Jul 24, 2008 1:33pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
I smell something brewing going into Friday.....
HOLLA
- #10,271
- Jul 24, 2008 1:36pm Jul 24, 2008 1:36pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
Just the S&P eMini ES & Russell 2000 ER2 plus EU and UJ. GU sucks for a long time now. Oh and sometimes the mini crude QM but that has been freakin' wild. Which can be a good thing and sometimes not!!
But I watch a s#^@ pile of charts for the inter-relationships.
I like that concept.
HOLLA
- #10,272
- Jul 24, 2008 1:39pm Jul 24, 2008 1:39pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Fat ass pin-bar GJ weekly, at the 38% fibo.
SEC warning: Trade weekly GJ requires balls of steel
Surgeon General warning:
- bypass with 10% discount for GJ-weekly traders
- Prozac with 15% discount if cesarnc is wrooooonnngggg
SEC warning: Trade weekly GJ requires balls of steel
Surgeon General warning:
- bypass with 10% discount for GJ-weekly traders
- Prozac with 15% discount if cesarnc is wrooooonnngggg
- #10,273
- Jul 24, 2008 2:25pm Jul 24, 2008 2:25pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Fat ass pin-bar GJ weekly, at the 38% fibo.
SEC warning: Trade weekly GJ requires balls of steel
Surgeon General warning:
- bypass with 10% discount for GJ-weekly traders
- Prozac with 15% discount if cesarnc is wrooooonnngggg
And it might make Bush say GJ traders are also drunk.
- #10,274
- Jul 24, 2008 2:44pm Jul 24, 2008 2:44pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
And it might make Bush say GJ traders are also drunk.
That Lewis Black is awesome, I've seen one of his shows here on HBO once.
- #10,276
- Jul 24, 2008 3:05pm Jul 24, 2008 3:05pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Dow -280 / -2.4% today.
- #10,277
- Jul 24, 2008 3:07pm Jul 24, 2008 3:07pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #10,278
- Jul 24, 2008 3:26pm Jul 24, 2008 3:26pm
- | Joined Mar 2008 | Status: ... I was aiming at the horse! | 913 Posts
Rate hikes going on here... To understand: raising already super huge interest rates. 0.75bp hike to 13%
Gosh! .75 hike.... Guess some people are drunk too down here...
Many share my views with me. But I don't share them with them...
- #10,279
- Jul 24, 2008 7:35pm Jul 24, 2008 7:35pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts