I had Short it at 7975, but look like going up for 8000 now.
Any Suggestion?
Any Suggestion?
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DislikedAnd the oil daily shows a downwards trend continuation, so what's your point ? It can go to 100 just as and probably more easily according to it's current chart. Don't know what's so magnetic about 124, 104 seems more achievable from here...Ignored
DislikedI had Short it at 7975, but look like going up for 8000 now.
Any Suggestion?Ignored
Dislikedwell I am full of shit as acumen says...
but it should be interesting this week in the oil and hence EURUSD
The bullish div on rsi 14 on gbpusd is getting bigger and bigger , usdjpy has bearish divergence on a 4 hour , usdchf has a massive bearish div on a 4 hour. something has to give in the next week or so.
note on oil chart below how the up day volume was higher than the larger down day . even still barring the strange couple of days Thursday and Friday we are still getting higher lows on daily oil chart. and the rsi did not manage to get under 40. This might have been some form of effort to lure the bears back into the market. If 113.6 holds we go back to 122 , if that level breaks 108 is on the cards.
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DislikedMultiple times it has sold off around 0.8000 Looks to me it will go at least till 0.8200 before possibly selling off. Who knows, it could break out to a new high. Why did you short. It was up every day last week.Ignored
DislikedRemember Friday 08/08/08 ? I won't repeat the same mistake twice by going long as it starts retracing supposedly. Remember last week open ? The spike down to near 46 was closed right away. This gap is not in any hurry to be filled, s1 broken and big hourly channel broken, cable broke 85 and it's s2. Nobody stopped this move and nobody is trying to reverse it as it seems. We're in bear market territory, going down another 200 pips on euro and 300+ on cable. Which session after we stayed down here like this doesn't matter. Good luck
I think you might not be getting anough sleep.. There is no reason whatsoever to attack acumen and he's defenitely one of the best and more experienced posters on this thread.Ignored
Dislikedalso almost end of 5th subwave of wave b
time to last corrective wave c shouldbe higher than 149 IMOIgnored