Yes I agree the statement will set the tone. However, Bernanke's statements at the press conf will be scrutinized for further clues if the statement language does not change.
Bulls Run. Bears Bite. We Profit.
- #27,822
- Apr 25, 2012 5:15am Apr 25, 2012 5:15am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #27,823
- Apr 25, 2012 5:15am Apr 25, 2012 5:15am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I'm thinking - how those advance traders can calculate their levels to the pip or even ten's of the pip..??
If you use enough indicators, you can calculate exactly where price should find resistance and support.
The only problem with that is with so many S/R points, you will probably never take a trade unless you have a good understanding of the underlying market drivers
Those who say it cannot be done should not interrupt those who are doing it
- #27,824
- Apr 25, 2012 5:20am Apr 25, 2012 5:20am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #27,826
- Apr 25, 2012 5:24am Apr 25, 2012 5:24am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
EZ 10Y gov bond yields easing
Before >>> After
>>> 
Before >>> After
Those who say it cannot be done should not interrupt those who are doing it
- #27,827
- Apr 25, 2012 5:24am Apr 25, 2012 5:24am
- Joined May 2010 | Status: Trader | 2,004 Posts
It's called Xmas tree charting.
If you use enough indicators, you can calculate exactly where price should find resistance and support.
The only problem with that is with so many S/R points, you will probably never take a trade unless you have a good understanding of the underlying market drivers
69
- #27,828
- Apr 25, 2012 5:30am Apr 25, 2012 5:30am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Ben bernanke : No QE Guyssss...From earlier till now am clearly said No QE NO QE..Why hohhh you guys nobody believe my words neh....hate you guysssss...Huh 
http://1.bp.blogspot.com/_azimCSzqNn...+some+MBSs.jpg
http://1.bp.blogspot.com/_azimCSzqNn...+some+MBSs.jpg
If there was easy money lying around,no one would be forcing it into your
- #27,829
- Apr 25, 2012 5:34am Apr 25, 2012 5:34am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Ben bernanke : No QE Guyssss...From earlier till now am clearly said No QE NO QE..Why hohhh you guys nobody believe my words neh....hate you guysssss...Huh
http://1.bp.blogspot.com/_azimCSzqNn...+some+MBSs.jpg
Repeating it many times will not make it any more true Those who say it cannot be done should not interrupt those who are doing it
- #27,830
- Apr 25, 2012 5:34am Apr 25, 2012 5:34am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
- #27,831
- Apr 25, 2012 5:36am Apr 25, 2012 5:36am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #27,832
- Apr 25, 2012 5:37am Apr 25, 2012 5:37am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I see porqupines and camels in M15
Those who say it cannot be done should not interrupt those who are doing it
- #27,833
- Apr 25, 2012 5:41am Apr 25, 2012 5:41am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
Ben bernanke : No QE Guyssss...From earlier till now am clearly said No QE NO QE..Why hohhh you guys nobody believe my words neh....hate you guysssss...Huh
- #27,834
- Apr 25, 2012 5:43am Apr 25, 2012 5:43am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Fxm graduated to Fundamental Trader, since he has successfully done his masters in Technical.
Those who say it cannot be done should not interrupt those who are doing it
- #27,835
- Apr 25, 2012 5:46am Apr 25, 2012 5:46am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
No... he has a PHD (Poor, Hungry & Determined)
- #27,836
- Apr 25, 2012 5:49am Apr 25, 2012 5:49am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Bearish Butterfly M15
Those who say it cannot be done should not interrupt those who are doing it
- #27,837
- Apr 25, 2012 5:51am Apr 25, 2012 5:51am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
No... he has a PHD (Poor, Hungry & Determined)
- #27,840
- Apr 25, 2012 5:54am Apr 25, 2012 5:54am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
(Poor, Horny & Determined)
Kno, I got your email. I shall respond later
Those who say it cannot be done should not interrupt those who are doing it