Since I haven't see Gator tonite, I'll do the DJ honors for our musical interlude.....
From the 70's
From the 70's
Inserted Video
- #159,823
- Nov 9, 2009 4:33am Nov 9, 2009 4:33am
this may be a dumb question but how do you determine good price action?
Thanks.
I put price action case study on my blog - feel free to contact me if you have any questions. everybody is invited of course.
- #159,825
- Nov 9, 2009 4:42am Nov 9, 2009 4:42am
I see no R for cable on H4. This is critical and is the reason for todays 226 pip jump for cable .. It may start moving like gold from here henceforth .. with only mild reactions here and there ... all the way to 1.7664
Cable H4:
Target hit ... 1st trade closed.
Cable Daily:
Target still due .. 2nd trade still running ..
Cable Weekly:
Suggesting 1.76 b4 we see a major sell-off ..
Cable H4:
Target hit ... 1st trade closed.
Cable Daily:
Target still due .. 2nd trade still running ..
Cable Weekly:
Suggesting 1.76 b4 we see a major sell-off ..
"I am convinced that He (God) does not play dice." - Albert Einstein
- #159,830
- Nov 9, 2009 4:55am Nov 9, 2009 4:55am
Is this the turn? Dollar index at 75, and major support.
Fiber H4:
Almost there ...
Fiber daily:
Still a long way to go .. 1.52
"I am convinced that He (God) does not play dice." - Albert Einstein
- #159,831
- Nov 9, 2009 4:55am Nov 9, 2009 4:55am
- | Joined Jul 2008 | Status: Trader | 2,130 Posts
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
- #159,834
- Nov 9, 2009 5:07am Nov 9, 2009 5:07am
Folks with deep pockets seem to be buying heavily .. I doubt if the Americans will dare to sell .... The odds are just so low considering the current momentum ...
H4 fiber target hit and trade closed ..
Daily long still running ...
H4 fiber target hit and trade closed ..
Daily long still running ...
"I am convinced that He (God) does not play dice." - Albert Einstein
- #159,835
- Nov 9, 2009 5:08am Nov 9, 2009 5:08am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #159,840
- Nov 9, 2009 5:11am Nov 9, 2009 5:11am
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
Well, that's tough shit for me.......
I'm closing this small near break even and letting the market sort itself out.
For what it's worth, I liked Optimum's short from the 50/60's area
a couple hours ago. Even though I was just watching along with him.
It looked promising. And it may still work out. 149 is not so far away.
It's just now the RR (on that trade) is out of whack and I'd likely bail out and wait for the new set up.
For those keeping score at home, and Fool, if you're close-by, cause I know you pay attention
to lots of stuff that goes on around here, I read that one a bit too early I think.
I'm calling this one a loss and buying a round of drinks for the ones who called 150 again.
Good catch. I'm flat now.
NOW the bottom can fall out if it wants to
I'm closing this small near break even and letting the market sort itself out.
For what it's worth, I liked Optimum's short from the 50/60's area
a couple hours ago. Even though I was just watching along with him.
It looked promising. And it may still work out. 149 is not so far away.
It's just now the RR (on that trade) is out of whack and I'd likely bail out and wait for the new set up.
For those keeping score at home, and Fool, if you're close-by, cause I know you pay attention
to lots of stuff that goes on around here, I read that one a bit too early I think.
I'm calling this one a loss and buying a round of drinks for the ones who called 150 again.
Good catch. I'm flat now.
NOW the bottom can fall out if it wants to