or open DOW
- #18,582
- Aug 8, 2008 6:47am Aug 8, 2008 6:47am
- Joined Nov 2007 | Status: beginner | 7,828 Posts
HI dear pandorabox
- #18,586
- Aug 8, 2008 6:54am Aug 8, 2008 6:54am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
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- #18,587
- Aug 8, 2008 6:57am Aug 8, 2008 6:57am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
HI dear pandorabox
Hi Husin,
.
- #18,589
- Aug 8, 2008 6:59am Aug 8, 2008 6:59am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
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- #18,590
- Aug 8, 2008 7:00am Aug 8, 2008 7:00am
Don't know if anyone noticed yet...buts it's the 8th of the 8th of the 8th....
Certainly a day to remember...
Wonder if there is a coincidence here...
But it's a great day for me as am a leo
- #18,591
- Aug 8, 2008 7:00am Aug 8, 2008 7:00am
- | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
How much better can the news get ? Looks like the Dow should Rally 250 Points today. Alice In Wonderland Looks like a Documentary compared to the US Economy !
On the path to Enrichment.
- #18,592
- Aug 8, 2008 7:05am Aug 8, 2008 7:05am
- Joined Mar 2008 | Status: Still testing and trading | 1,454 Posts
- #18,596
- Aug 8, 2008 7:14am Aug 8, 2008 7:14am
- | Membership Revoked | Joined Sep 2006 | 1,802 Posts
{Promotion Removed}
- #18,598
- Aug 8, 2008 7:16am Aug 8, 2008 7:16am
Amazing To Say The Least !!!
I just wonder if there is not planned selling by the FED and Friends !
This is surely Not Normal
A Drop of 425 PIPS in less than 24 hours and no bounce. It surely helps get the Oil and Gold Prices down. Perhaps the China Folks worked a deal here on the open of the Olympics !!!
New Low is 1.50743
Trade the reaction, not the news!
- #18,599
- Aug 8, 2008 7:20am Aug 8, 2008 7:20am
Morning all..what a start of the day...only took a 2hr nap, but profits made it worth...
Daring a small forecast based upon the recent events, research & experienced fellow traders...
Falling back on the very basics in TA here pure S & R combined with Fibo & DeMark:
A:
If we manage to break 1.5185 upwards (Support 2) I will feel confident to enter a long for a possible retrace towards 1.528 (Break Line & H1 Upper Limit)
B:
Upwards failure to break S2 at 1.5185 brings us south towards S3 at 1.506 with an absolute bottom for me at 1.497 (Daily Lowest Limit)
Key level to watch is H1 Lower Limit at 1.5156, if this breaks I expect the second scenario B to come in place, if it holds and breaks S2 scenario A is the one to follow for me
As always...Just my 2 Cents...
As always...Just my 2 Cents...well double that in this case...
