DislikedLooking for reject off 60 band and drop under consolidation for a retest on last bump lowIgnored
- #28,582
- Sep 9, 2008 11:27am Sep 9, 2008 11:27am
the 23.6 is acting as a support and is at 1.4195. i cant believe the prices came back over lol.....
well i only locked 12 pips .....it looks like we might be building a top below 1.4225...with the 60 sma holding .4212-15 areas...cant go long until we break above em...
well i only locked 12 pips .....it looks like we might be building a top below 1.4225...with the 60 sma holding .4212-15 areas...cant go long until we break above em... DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
- #28,583
- Sep 9, 2008 11:27am Sep 9, 2008 11:27am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
1st chart is 2hr with emphasis on the strong defense of the 4050 level, and showing the first real retest AND penetration of the 4200 Resistance level. it remains to be seen how strongly that level will hold imo.
2nd chart shows the 8hr PA with emphasis on the 4050 level again, but I include it here becuz it reveals the strength of the 4120 closing level (top of the white shaded box). There's a clue there when we get back to those levels...
This is the third retest of the 4200 level, and whatever happens next should be significant for mid term PA. I'm sidelined for now, because I'm not ruling out a short term Bullish move, and I don't feel like trading that direction right now. I am short on any failure of the 4200 level tho...
Careful trades all.
2nd chart shows the 8hr PA with emphasis on the 4050 level again, but I include it here becuz it reveals the strength of the 4120 closing level (top of the white shaded box). There's a clue there when we get back to those levels...
This is the third retest of the 4200 level, and whatever happens next should be significant for mid term PA. I'm sidelined for now, because I'm not ruling out a short term Bullish move, and I don't feel like trading that direction right now. I am short on any failure of the 4200 level tho...
Careful trades all.
FUBAR...
- #28,584
- Sep 9, 2008 11:28am Sep 9, 2008 11:28am
- | Joined Aug 2007 | Status: Trader | 1,196 Posts
Check Mate GAME OVER
- #28,586
- Edited 1:00pm Sep 9, 2008 11:36am | Edited 1:00pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
[quote=acumen;2209533]Mine is at .4200.
Should be interesting.[quote]
Exactly... Here's an update to the 2 hr with the sweet little doji closing under the daily 30 minutes ago, and an hourly from a couple minutes ago. I'm short from 4210 with tight SL, have to take off for awhile. Pips to us...
We shall see.
Should be interesting.[quote]
Exactly... Here's an update to the 2 hr with the sweet little doji closing under the daily 30 minutes ago, and an hourly from a couple minutes ago. I'm short from 4210 with tight SL, have to take off for awhile. Pips to us...
We shall see.
FUBAR...
- #28,588
- Sep 9, 2008 11:39am Sep 9, 2008 11:39am
- Joined Mar 2008 | Status: Still testing and trading | 1,454 Posts
- #28,590
- Sep 9, 2008 11:43am Sep 9, 2008 11:43am
- | Joined Aug 2007 | Status: Trader | 1,196 Posts
Check Mate GAME OVER
- #28,591
- Sep 9, 2008 11:45am Sep 9, 2008 11:45am
Oil is crashing. That doesn't make any sense.
demand dude...saudi and venezuela are to keep pumping the same amount...no cuts in productions...mean that oil should go below $100 a barrel sooner then we think....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
- #28,592
- Sep 9, 2008 11:48am Sep 9, 2008 11:48am
- | Joined Aug 2007 | Status: Trader | 1,196 Posts
Check Mate GAME OVER
- #28,593
- Sep 9, 2008 11:49am Sep 9, 2008 11:49am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
what the hell is at this level that wont be broken.1.4174....
FUBAR...
the GU hit the pivot and i missed it.....
- #28,597
- Sep 9, 2008 11:58am Sep 9, 2008 11:58am
demand dude...saudi and venezuela are to keep pumping the same amount...no cuts in productions...mean that oil should go below $100 a barrel sooner then we think....
hi
Itz Saify, I'm nEw in ForEx and Online Trading... Can i sell Crude Oil On the current rate, like 104.20 Etc...? If itz right that ThE Crude Oil will be soon at the Level of 100 $ or Below this.?
Waiting for your Kind Reply..!
Peace!
- #28,598
- Sep 9, 2008 12:02pm Sep 9, 2008 12:02pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
demand dude...saudi and venezuela are to keep pumping the same amount...no cuts in productions...mean that oil should go below $100 a barrel sooner then we think....
I wonder who called Oil at 100 when it was at 140?
I wonder who called it at 85 when it was at 120?
Full Disclosure: It really was not me but the oil quants I follow... but I plan to take the credit on this thread.
