RSI on 4H is still above 40 with this divergence we have room to go further down
- #594,022
- Feb 10, 2012 8:28am Feb 10, 2012 8:28am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #594,023
- Feb 10, 2012 8:28am Feb 10, 2012 8:28am
100 pips move up and people got their eyes on 1,3600
100 pips move down and people got their eyes on 1,2000
Classic
Reminds me of when peoples favorite sports team win the first game of the season .... and the fans scream all about it being a guarantee that they will win the championship!!!......... Cheers
- #594,030
- Feb 10, 2012 8:52am Feb 10, 2012 8:52am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #594,036
- Feb 10, 2012 9:27am Feb 10, 2012 9:27am
I'm on ipad now so can't show you a graph, but just go back in time, find a bullish flag pattern, see price go up, topple over (mushroom) then a test of the top-bullish flagpattern line, and then up again. Same as we see here. Prices are given you a second chance to get in, oh wait......you don't know that, but the big players do, oh, and they are responsible for the news, and they always make sure it goes their way. If you see news , which is not news really, but just a declaration of sentiment, you can bet they want prices to go down, that's right....
