Also went as low as $68.575 so far today.
- #39,721
- Oct 16, 2008 9:56am Oct 16, 2008 9:56am
- Joined Mar 2007 | Status: Trader | 3,709 Posts
- #39,722
- Oct 16, 2008 10:01am Oct 16, 2008 10:01am
- Joined Mar 2007 | Status: Trader | 3,709 Posts
Good or bad data from us make the $ stronger, who can explain this!
EUR/GBP/AUD Falling while at the same time $$ getting stronger!!
$$=Vampire
- #39,725
- Oct 16, 2008 10:30am Oct 16, 2008 10:30am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #39,726
- Oct 16, 2008 10:31am Oct 16, 2008 10:31am
- Joined Apr 2007 | Status: Trader | 2,303 Posts
That's called support not resistance.
I am sleepy!
- #39,728
- Oct 16, 2008 10:59am Oct 16, 2008 10:59am
Shampoo is almost done...i though will be on asian session..but its so quick....i am shorting....and no tp this time, just be .
Lets see who will clean who today
All wishes....
- #39,736
- Oct 16, 2008 11:39am Oct 16, 2008 11:39am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Hello everyone. I am new so just wanted to introduce myself and wish everyone many pips !
And first question:
what tells me that it is confirmed ? If it drops below some point ( how calculate this ) ?
And first question:
Should be ...my opened short just BE...I think patience is key to success....so i wait the shampoo to be confirmed
....
PATIENCE ....golden word
- #39,739
- Oct 16, 2008 12:17pm Oct 16, 2008 12:17pm
I'm assuming Athahira was looking at what might have been a lobsided head and shoulders on a 5-minute chart. Instead it has turned out to have two heads.
Usually best to stay away from 5-minute chart patterns like those. Still might get a double top here. Don't be too hasty. Watch the fibs and Support/Psych levels. See Acumens wise words on previous posts.
Really thanx for ur good advice...i start using half hour charts for picking patterns .....
I am amazed how did the prices went down on news time ...when it was supposed to be bad for us and the price should go up....now after the london session closed ...us traders start buying....and after asian session start ...they start selling....
Its all confusing ....but if u look at the big picture ....this snake (price) is going down ...and down ..and down....if one just don't use leverage...he is ok...but us with small capital ...always get squeezed by this snake ....
We shall prevail......
....