thats the definition of Resistance 
Hero calls followed by margin calls...
- #366,782
- Jan 18, 2011 4:50am Jan 18, 2011 4:50am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
when i take a look at the daily chart, 3500 seems so impossible for me 
but lets see...
bias still short.
but lets see...
bias still short.
Hero calls followed by margin calls...
- #366,783
- Jan 18, 2011 4:50am Jan 18, 2011 4:50am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
looks good
will look to add long at 1.333
...... and other
- #366,784
- Jan 18, 2011 4:56am Jan 18, 2011 4:56am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
hope we can hold you at ff.com for the next few years
Hero calls followed by margin calls...
- #366,788
- Jan 18, 2011 5:08am Jan 18, 2011 5:08am
- | Joined Aug 2010 | Status: Fearless in Africa | 685 Posts
Not sure about rejection yet, nice charts though
I am buying dips, it won't go up in a straight line but i am betting we see new highs without going below 1.3250
If a resistance is knocked often it will soon give way and turn into strong support
By Friday close picture may be clearer, i am betting it will be above 1.35 by then
Mind over matter..I don't mind and you don't matter.
- #366,789
- Jan 18, 2011 5:09am Jan 18, 2011 5:09am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
usdx has just tested former support as resistance at around 79.140
3400 is definietly the key level.
drop eu, drop it like it's hot !!!
Hero calls followed by margin calls...
- #366,790
- Jan 18, 2011 5:10am Jan 18, 2011 5:10am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
could u please post a chart hatchy?
3400 is definietly the key level.
drop eu, drop it like it's hot !!!
take a look at m15, H1 on eu, resistance is diminishing. this is not a level that will last forever.
- #366,791
- Jan 18, 2011 5:12am Jan 18, 2011 5:12am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #366,792
- Jan 18, 2011 5:15am Jan 18, 2011 5:15am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #366,797
- Jan 18, 2011 5:18am Jan 18, 2011 5:18am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #366,798
- Jan 18, 2011 5:19am Jan 18, 2011 5:19am
Hi folks,
Not substantiated by anything, but rumor mill among collegues is a strong squeeze for fast money longs might be in the works to target
1.3324 and a lower possibility of 1.3290 might be in the works.
I am anticipating a head and shoulders as mentioned last night but it seems we could go into an upword wedge of sorts. No elliott wave talk here. Just a market theme of distribution which might play out.
Here are the same levels I posted last night.
Best to your trading. I am flat currently, hope the longs enjoyed the free snack last night.
I wanted to provide something meaningful for the beginning of the year because my feeling was that many suffered during the short squeeze last week. But it was the play for a long time.
I will go back to being inactive but going into the new year, just remember to work hard and do your analysis, collaboration is perfectly fine, but ignore the flak and get a tough skin.
Cheers
PS: Remember this post calling for a possible drop is just a current rumor among a few big players and fund managers. Technically sure, its possible but what I think is more likely is we test 1.35 before it comes. But in any case, if it happens then I am certain you will find a small ending wedge in a 5 min timeframe.
Not substantiated by anything, but rumor mill among collegues is a strong squeeze for fast money longs might be in the works to target
1.3324 and a lower possibility of 1.3290 might be in the works.
I am anticipating a head and shoulders as mentioned last night but it seems we could go into an upword wedge of sorts. No elliott wave talk here. Just a market theme of distribution which might play out.
Here are the same levels I posted last night.
Best to your trading. I am flat currently, hope the longs enjoyed the free snack last night.
I wanted to provide something meaningful for the beginning of the year because my feeling was that many suffered during the short squeeze last week. But it was the play for a long time.
I will go back to being inactive but going into the new year, just remember to work hard and do your analysis, collaboration is perfectly fine, but ignore the flak and get a tough skin.
Cheers
PS: Remember this post calling for a possible drop is just a current rumor among a few big players and fund managers. Technically sure, its possible but what I think is more likely is we test 1.35 before it comes. But in any case, if it happens then I am certain you will find a small ending wedge in a 5 min timeframe.
- #366,800
- Jan 18, 2011 5:20am Jan 18, 2011 5:20am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...