Not understand?better not follow my analyses!doubt clearer first, risks ++
- #102,241
- May 28, 2009 9:41am May 28, 2009 9:41am
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
- #102,243
- Edited 10:19am May 28, 2009 9:43am | Edited 10:19am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #102,244
- May 28, 2009 9:44am May 28, 2009 9:44am
- Joined Oct 2008 | Status: sideline is a position | 105,213 Posts
those who can, do. those who cant, talk about those who can
- #102,245
- May 28, 2009 9:45am May 28, 2009 9:45am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
Price got support at 1.3929 and so close half of shorts & others closely observing if the support break or bounce to the top & above 1.3985 again.
If apply MK's filter then bounce expected .
fontu
I think it has come and gone!
- #102,246
- May 28, 2009 9:48am May 28, 2009 9:48am
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
I think it has come and gone!
Thanks
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #102,248
- May 28, 2009 9:52am May 28, 2009 9:52am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Just a retrace before the uptrend resumes - lol.
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate
Thank You 
- #102,249
- May 28, 2009 9:58am May 28, 2009 9:58am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
Hi Stew, how are you mate? Hope all is good with you
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate
It doesn't show as a 'harami cross' on my chart (different broker data feeds etc) otherwise I would have been even more Bearish...
- #102,251
- May 28, 2009 10:05am May 28, 2009 10:05am
- Joined Oct 2008 | Status: sideline is a position | 105,213 Posts
those who can, do. those who cant, talk about those who can
- #102,252
- May 28, 2009 10:05am May 28, 2009 10:05am
- | Joined Feb 2009 | Status: Madness has no method. | 1,143 Posts
I have been chasing this
- #102,253
- Edited 10:19am May 28, 2009 10:06am | Edited 10:19am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #102,254
- May 28, 2009 10:07am May 28, 2009 10:07am
- | Membership Revoked | Joined Feb 2008 | 9,794 Posts
Well you might get a slight bounce upwards just in case you want to offload the position in order to join Bear side....the right side.
- #102,255
- May 28, 2009 10:08am May 28, 2009 10:08am
- | Membership Revoked | Joined Feb 2008 | 9,794 Posts
- #102,256
- May 28, 2009 10:09am May 28, 2009 10:09am
- | Joined Aug 2008 | Status: Trader | 1,210 Posts
Never sell @ lower upward channel unless breacked and vise versa .
- #102,257
- May 28, 2009 10:09am May 28, 2009 10:09am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #102,259
- May 28, 2009 10:10am May 28, 2009 10:10am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
I got stopped out at 3985 on a short Intered at 3960....so mad!!!I have been chasing this and trying for a place to enter Short...any rebound in store...If not I may have to wait to see if 3890 gets taken out....
I should learn to say so little.
- #102,260
- May 28, 2009 10:12am May 28, 2009 10:12am
- | Membership Revoked | Joined Feb 2008 | 9,794 Posts
Hi Stew, how are you mate? Hope all is good with you
I agree the current movement right now could just be a pullback, but I think the near term support where buyers would be is at the lower 3700 levels, which coincides with the rising tl. Although, personally I think the harami cross is usually a strong indication of a trend reversal. But who cares, just trade the direction as usual. Have a good one mate
Hi Azim,
Its good to see you here.
Yeah all this talk about haramis and Dojis is making me nervous - but I'm a stubborn SOB and my stops are just below 37 so I'm gonna sit this one out.