Check the tick-chart on the left..
- #62,084
- Feb 5, 2009 9:32am Feb 5, 2009 9:32am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #62,085
- Feb 5, 2009 9:33am Feb 5, 2009 9:33am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
If .2707( start of last big Bull run) become resistance, and strong Daily S/R of .2695( same area) becomes resistance , both being at the good old round number .2700,then the possible H&S formation on Daily chart may be boost needed to retest last lowest low of .2329 after a rest in the .2500 area.
This thing has been ranging in the .3340-.2800 area for awhile,so today we are at the bottom of the range. What now?
If H&S fails, we still eventually go down or up!
Trade what you see, just trade carefully!
Good Pipping to all!
This thing has been ranging in the .3340-.2800 area for awhile,so today we are at the bottom of the range. What now?
If H&S fails, we still eventually go down or up!
Trade what you see, just trade carefully!
Good Pipping to all!
- #62,089
- Feb 5, 2009 9:40am Feb 5, 2009 9:40am
- | Joined Oct 2008 | Status: A witty saying proves nothing. | 1,178 Posts
If .2707( start of last big Bull run) become resistance, and strong Daily S/R of .2695( same area) becomes resistance , both being at the good old round number .2700,then the possible H&S formation on Daily chart may be boost needed to retest last lowest low of .2329 after a rest in the .2500 area.
This thing has been ranging in the .3340-.2800 area for awhile,so today we are at the bottom of the range. What now?
If H&S fails, we still eventually go down or up!
Trade what you see, just trade carefully!
Good Pipping to all!
Probability Professor
- #62,091
- Feb 5, 2009 9:43am Feb 5, 2009 9:43am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #62,094
- Feb 5, 2009 9:48am Feb 5, 2009 9:48am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #62,095
- Feb 5, 2009 9:49am Feb 5, 2009 9:49am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Somebody has drawn a willy on your chart.
Art is subjective! It also could be the finger!
Hey, but whatever it takes!
- #62,097
- Feb 5, 2009 9:51am Feb 5, 2009 9:51am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
what do you mean with "finished" ??
- #62,098
- Feb 5, 2009 9:57am Feb 5, 2009 9:57am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #62,099
- Feb 5, 2009 9:59am Feb 5, 2009 9:59am
- | Joined Oct 2008 | Status: A witty saying proves nothing. | 1,178 Posts
Probability Professor
- #62,100
- Feb 5, 2009 10:02am Feb 5, 2009 10:02am
- Joined Jul 2008 | Status: Trader | 1,722 Posts
Hello Driver, AK4X, Gofer and others,
Sitting on the sidelines in meditation. Probably in that mode until after tomorrow's NFP.
Hope you all are trading carefully and successfully.
Sitting on the sidelines in meditation. Probably in that mode until after tomorrow's NFP.
Hope you all are trading carefully and successfully.
Up or down, gimme a ticket