Based on my daily GJ chart, PA seems to stay within the downward channel.
Next week should be interesting...
Good Luck!!!
Next week should be interesting...
Good Luck!!!
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Dislikedcan somebody explain to me what does it mean doublw witching nad triple witching hourIgnored
Dislikedcan somebody explain to me what does it mean doublw witching nad triple witching hourIgnored
QuoteDislikedTriple witching hour is the last hour of the stock market trading session (3:00-4:00 P.M., New York Time) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:[list][*]Stock index futures.[*]Stock market index options.[*][url="http://en.wikipedia.org/wiki/Stock_options"]Stock...
DislikedI mentioned it looked trappish to me in frankfurt .. large down moves like the impulsive one we had at London open , that stop dead and get buyers are nearly always traps.
draw 14 wma on charts ( blue line) .. this will help ... prices does not dip under it go long only .. look to your 15 min charts for direction . Note how price tried to break the 14 wma a couple of time on the way up . But there was no strength to the selling. This is what i mean by price action
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Dislikedthanks malcolmb, but i guess i still suck at this feeling...
how did u see the 14sma in your charts? would appreciate in your explanations.Ignored
Dislikedone simple chart ,,,, showing all trades and comments for set ups .. from London session to US session .. not price and one moving average only(14 wma) ... and blue lines are areas of support / resistance
2nd chart ... add back prior low , and volume histogram stuff ....
see how the prior days upper value area , point of control , lower value area are in same zone as Fridays values ... could be topping on daily. If on Sunday we get above 135.20 then test 137 is in order. Note how prior low was also Friday session low.
often all ones needs...Ignored
Dislikeddid you take a look at usdjpy daily chart? that test with average/low volume, i dont think we're going to break higher, do you? and on the weekly chart, i see it looks like a weak up move.Ignored
Dislikeddid you take a look at usdjpy daily chart? that test with average/low volume, i dont think we're going to break higher, do you? and on the weekly chart, i see it looks like a weak up move.Ignored
DislikedBased on my daily GJ chart, PA seems to stay within the downward channel.
Next week should be interesting...
Good Luck!!!
Ignored
DislikedI agree about gbp/chf . . . a break of Friday's low should produce some pips. How many, no clue. What you seeing on Eur/Usd Malcomb? I want to go long for a swing trade but you can't seem to hold onto anything long in this market before it turns around on you . . .Ignored