Psych Levels, Pivots, and Trendlines - Resurrected
Would you have taken a short on EU after the spike and DCC off R1?
I learnt the name of the candle
Actually I think the short on GU would have been better. 5m doji, market almost touched 50%fib and more pips available down to S2
I jumped out of the short on EU at the pivot.
Price action at it's finest there mate.
If it breaks down and clears the xx00 psych-line, it'll be very interesting, especially as there's another support around 5388.
GA EV - glad too see more posts here
Here's my 15m chart from earlier - before the bloody euro dragged cable back up to its 5462 resistance - still, I sold it again, having already ridden the euro up off its DP
Lets hope the US data is "out of line" again.....
Still, as always, plenty of info on there for us to peruse.from my thread with Medici....
2010.08.25 14:32:00 MARKET TALK: US July Durable Goods Orders Up 0.3%, Less Than Expected
same as yesterday, dollar down, cable and euro up, just jump on whichever train you prefer and enjoy the ride......but dont stay on board too long....
Hello mate, always good to see you on here! Nice chart again, although a teeny-weeny bit cluttered for my tastes!
Surprised to see you on here at this time......I thought you and medici always took the rest of the day off after around 9.00am?
Take it easy, pal.
Cheers
, but I no longer have time to "clean" them up before posting, so all of my levels are on it! Just showing what will come into play IF cable heads south rather than chopping sideways.....
