Hi one and all
The big boys do futures & options & puts etc
this is where the real money is, in money .
and they use alot of "00" & "50" on the charts.
If you see one coming up ....
ESP. if its has been days or weeks or ven months since it was hit,
you can know some big players will make their bones by taking it out.
If it was hit yesterday it is not so important.
if it was hit 5 mins ago it is means nothing.
Now the other side is ... some other big player may not want it hit.
So you might have a "real" battle going on, on the charts.
but normally it gets taken out.
The battle to stop it from being hit,
is normally only to delay it from being hit
until after a witching of some kind
but the battle to take it out is normally with everything.
That is why you often see the price drop like crazy after it is hit.
The Aud/Usd is coming up to one of those .7600
be safe with your target say .7595
The only thing about this and why it may not be as sure a thing as normal
(what ever normal is in the 4X)
Is because the last time this pair was around .7600
It in fact gaps though it big time.
So that makes this case a little compex.
Becareful hunting "00" they sometimes bit back!
Cheers
TEB
The big boys do futures & options & puts etc
this is where the real money is, in money .
and they use alot of "00" & "50" on the charts.
If you see one coming up ....
ESP. if its has been days or weeks or ven months since it was hit,
you can know some big players will make their bones by taking it out.
If it was hit yesterday it is not so important.
if it was hit 5 mins ago it is means nothing.
Now the other side is ... some other big player may not want it hit.
So you might have a "real" battle going on, on the charts.
but normally it gets taken out.
The battle to stop it from being hit,
is normally only to delay it from being hit
until after a witching of some kind
but the battle to take it out is normally with everything.
That is why you often see the price drop like crazy after it is hit.
The Aud/Usd is coming up to one of those .7600
be safe with your target say .7595
The only thing about this and why it may not be as sure a thing as normal
(what ever normal is in the 4X)
Is because the last time this pair was around .7600
It in fact gaps though it big time.
So that makes this case a little compex.
Becareful hunting "00" they sometimes bit back!
Cheers
TEB