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  • #54,601
  • Jan 7, 2009 3:55am Jan 7, 2009 3:55am
looks like possible head and shoulders forming on 5m chart
  • #54,602
  • Jan 7, 2009 3:56am Jan 7, 2009 3:56am
Quoting ak4x
Don't normally put much stock in these patterns on low TF's much less mention them here cuz then everyone goes nuts for the next 2 weeks and noobs start seeing them everywhere, but there is a fairly sweet looking h&s forming on the 5m ((6m on my charts)) that may bear watching.

I have a tentative neckline down a'rd the 3565-70ish level. Obviously, if it keeps climbing or fails to break the neckline, then it is invalid so don't get all excited, it's just marks on the screen at this point...

((On the 3m chart however, it's absolutely gorgeous....
h&s?

got it duhh
  • #54,603
  • Jan 7, 2009 3:58am Jan 7, 2009 3:58am
possible H&S in 5m :Hope that the size of the pic be OK !

http://i40.tinypic.com/28vysd3.png
  • #54,604
  • Jan 7, 2009 4:00am Jan 7, 2009 4:00am
Yep, if it breaks the neckline I'm going short at 1.3550. T/P 1.3490
  • #54,605
  • Jan 7, 2009 4:01am Jan 7, 2009 4:01am
[quote=Iced Earth;2453737]possible H&S in 5m :Hope that the size of t

To me I would more like to buy the 70 area then sell to the 70 area
  • #54,606
  • Jan 7, 2009 4:01am Jan 7, 2009 4:01am
Quoting Dansnali
looks like possible head and shoulders forming on 5m chart
I didnt read ur post, seems we have the same on our minds
  • #54,607
  • Jan 7, 2009 4:01am Jan 7, 2009 4:01am
Quoting Iced Earth
possible H&S in 5m :Hope that the size of the pic be OK !

http://i40.tinypic.com/28vysd3.png
looks like a few of us spotted it at the same time
  • #54,608
  • Jan 7, 2009 4:02am Jan 7, 2009 4:02am
we need at least 8 more h&s posts to make an even dozen...

you guys tear em up, I'm done.
FUBAR...
  • #54,609
  • Jan 7, 2009 4:03am Jan 7, 2009 4:03am
[quote=klinckphilip;2453741]
Quoting Iced Earth
possible H&S in 5m :Hope that the size of t

To me I would more like to buy the 70 area then sell to the 70 area
however: 80 does look like a turning point one way or the other
  • #54,610
  • Jan 7, 2009 4:05am Jan 7, 2009 4:05am
head n shoulders pattern on the 3 min chart....

this thing moving down like a stubborn mule!!
  • #54,611
  • Jan 7, 2009 4:06am Jan 7, 2009 4:06am
Head and shoulder (and dandruff), bull and bear, body and soul, yin and yang, what's next?
Manage your risk accordingly and you're half done your home work.
  • #54,612
  • Jan 7, 2009 4:11am Jan 7, 2009 4:11am
Quoting personalme
Head and shoulder (and dandruff), bull and bear, body and soul, yin and yang, what's next?
Looks like a bull stampede maybe
  • #54,613
  • Jan 7, 2009 4:17am Jan 7, 2009 4:17am
Quoting Dansnali
Looks like a bull stampede maybe
now should be good to short
  • #54,614
  • Jan 7, 2009 4:17am Jan 7, 2009 4:17am
Quoting personalme
Head and shoulder (and dandruff), bull and bear, body and soul, yin and yang, what's next?
jack n coke, tits and ass?
  • #54,615
  • Jan 7, 2009 4:20am Jan 7, 2009 4:20am
Quoting ak4x
Don't normally put much stock in these patterns on low TF's much less mention them here cuz then everyone goes nuts for the next 2 weeks and noobs start seeing them everywhere, but there is a fairly sweet looking h&s forming on the 5m ((6m on my charts)) that may bear watching.

I have a tentative neckline down a'rd the 3565-70ish level. Obviously, if it keeps climbing or fails to break the neckline, then it is invalid so don't get all excited, it's just marks on the screen at this point...

((On the 3m chart however, it's absolutely gorgeous....
ak4x,

What was behind this morning momentum?

Thanks,
  • #54,616
  • Jan 7, 2009 4:23am Jan 7, 2009 4:23am
Quoting joemiami
jack n coke, tits and ass?

5 different touches of the 3604 on the 15m I think it has a real problem going over that also our angle has been broken to the downside so I dont see any reason not to short for a short time
  • #54,617
  • Jan 7, 2009 4:24am Jan 7, 2009 4:24am
Damned....she just refuse to go down
  • #54,618
  • Jan 7, 2009 4:26am Jan 7, 2009 4:26am
Morning at all
The best thing that can happen to you is to find out where you're wrong.
  • #54,619
  • Jan 7, 2009 4:30am Jan 7, 2009 4:30am
German Unemployment Change 18k
After PPI m/m -1,9%

How strong are bulls? They will run or walk?
  • #54,620
  • Jan 7, 2009 4:31am Jan 7, 2009 4:31am
i'm ready for the weekend ...sick of watching this thing playing with me!!!
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