who woulda thunk it?...........http://www.bloomberg.com/news/2010-0...thew-lynn.html
- #282,701
- Aug 17, 2010 5:24am Aug 17, 2010 5:24am
- Joined Jun 2009 | Status: A slave to the tape | 4,390 Posts
- #282,703
- Aug 17, 2010 5:27am Aug 17, 2010 5:27am
- Joined Nov 2008 | Status: fx indices commodities | 4,145 Posts
rat
- #282,706
- Aug 17, 2010 5:33am Aug 17, 2010 5:33am
- Joined Aug 2009 | Status: (I have a huge) Member | 5,555 Posts
dreams do come true.
- #282,708
- Aug 17, 2010 5:38am Aug 17, 2010 5:38am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Kuroro,
if you go down to a 5m chart to see the detail the extreme vol was a stopping volume found at the bottom of the candle (around 57) and not a stopping volume to the up move.
it could go down any way from here but i still see higher vol on the up candles and not the down candles...
but i will short with you! once we get to 939!
green pips, K
I'm not shorting right now because it's above support and "far" from it's low..and i want to see the next candle to see if there is a bounce off 1,2900- level or a bounce off 1,2860+ level.
Swing is still downside biais though so i'm a little scared with longs
But a close in the 1,2860 area will probably make me go short with a stop above today's high and a target of 1,2750... the RR ain't that good though
COT: The precious data ignored
- #282,710
- Aug 17, 2010 5:41am Aug 17, 2010 5:41am
- Joined Aug 2009 | Status: (I have a huge) Member | 5,555 Posts
and worried with my longs.
at this exact time chicken bones show still bear strenght at 80. could go to 70. could go to 60 (57 in my book). hope one of those 2 holds...
at this exact time chicken bones show still bear strenght at 80. could go to 70. could go to 60 (57 in my book). hope one of those 2 holds...
Yes you are right but at the end the hourly candle closed in negative which means for me that pressure remain to the downside during this hour
I'm not shorting right now because it's above support and "far" from it's low..and i want to see the next candle to see if there is a bounce off 1,2900- level or a bounce off 1,2860+ level.
Swing is still downside biais though so i'm a little scared with longs
But a close in the 1,2860 area will probably make me go short with a stop above today's high and a target of 1,2750... the RR ain't that...
dreams do come true.
- #282,712
- Aug 17, 2010 5:45am Aug 17, 2010 5:45am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #282,713
- Aug 17, 2010 5:46am Aug 17, 2010 5:46am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
and worried with my longs.
at this exact time chicken bones show still bear strenght at 80. could go to 70. could go to 60 (57 in my book). hope one of those 2 holds...
Anyway i hope your SL is at BE in case the pair sizzles to the downside.
I hope it'll hold so you can get your profits then let me short it so i can get mine
COT: The precious data ignored
- #282,715
- Aug 17, 2010 5:51am Aug 17, 2010 5:51am
- Joined Aug 2009 | Status: (I have a huge) Member | 5,555 Posts
i promise i will be short at 939 with u!
can put a pending sell right now!
was just looking at the 4h. this up move could well be a bearish flag. until we break up of this channel we are in i am not bullish, but will be if we do.
hapipipin
can put a pending sell right now!
was just looking at the 4h. this up move could well be a bearish flag. until we break up of this channel we are in i am not bullish, but will be if we do.
hapipipin
All will depend on this hour i guess...unless we don't move
Anyway i hope your SL is at BE in case the pair sizzles to the downside.
I hope it'll hold so you can get your profits then let me short it so i can get mine
dreams do come true.
