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  • #670,981
  • Jul 23, 2012 7:49pm Jul 23, 2012 7:49pm
It's funny how you can a draw a chart up a while back then watch as the trendlines come back into play. This one I was just experimenting with different Gann angles and such. Then I went to go check it out this evening and notice where price latched on to that one angle.
Attached Image (click to enlarge)
Click to Enlarge Name: h1gann3.jpg Size: 196 KB
Time turns trend. - W.D. Gann
  • #670,982
  • Jul 23, 2012 7:51pm Jul 23, 2012 7:51pm
Think I'll buy a clean break of 2133 (trig @ 2137) w/target at outer uptrend near 2175 (tp at 2165 to be safe) and sl @ closest respected tl (2114). Smaller position than usual in case of tape bomb.

Bear for dinner seems a reasonable assumption: have been reading threads various forums all day... so many are convinced the sky is falling (TODAY!) and have (so they claim) gone short based on recent bad news. If true, I smell bear meat.

If I'm wrong and price never goes over the historic mid (2133) ... c'est la vie.
  • #670,983
  • Jul 23, 2012 7:53pm Jul 23, 2012 7:53pm
OK, broke the low.. still no shorts.. I still think 48 is on the menu. Question is from where..
  • #670,984
  • Jul 23, 2012 7:57pm Jul 23, 2012 7:57pm
Small short....
Attached Image (click to enlarge)
Click to Enlarge Name: EU15.jpg Size: 240 KB
  • #670,985
  • Jul 23, 2012 7:58pm Jul 23, 2012 7:58pm
2115 m5, let's see what it does there.
  • #670,986
  • Jul 23, 2012 8:05pm Jul 23, 2012 8:05pm
Quoting attila
2115 m5, let's see what it does there.
Gold got a bounce too
  • #670,987
  • Jul 23, 2012 8:08pm Jul 23, 2012 8:08pm
Quoting publicjud
Gold got a bounce too
darn thing should do 15 before up.. tight range here.
  • #670,988
  • Jul 23, 2012 8:10pm Jul 23, 2012 8:10pm
Quoting attila
darn thing should do 15 before up.. tight range here.
It might yet...
  • #670,989
  • Jul 23, 2012 8:11pm Jul 23, 2012 8:11pm
Quoting publicjud
Gold got a bounce too
I see it, but it's up against res atm.
  • #670,990
  • Jul 23, 2012 8:21pm Jul 23, 2012 8:21pm
sl...b/e
  • #670,991
  • Jul 23, 2012 8:27pm Jul 23, 2012 8:27pm
Watchin paint dry.... Oh well..... still in it with zero risk.....
  • #670,992
  • Jul 23, 2012 8:31pm Jul 23, 2012 8:31pm
Wait and see.
Attached Image (click to enlarge)
Click to Enlarge Name: m5gann6.jpg Size: 96 KB
Time turns trend. - W.D. Gann
  • #670,993
  • Jul 23, 2012 8:39pm Jul 23, 2012 8:39pm
Quoting RWalker
Think I'll buy a clean break of 2133 (trig @ 2137) w/target at outer uptrend near 2175 (tp at 2165 to be safe) and sl @ closest respected tl (2114). Smaller position than usual in case of tape bomb.

Bear for dinner seems a reasonable assumption: have been reading threads various forums all day... so many are convinced the sky is falling (TODAY!) and have (so they claim) gone short based on recent bad news. If true, I smell bear meat.

If I'm wrong and price never goes over the historic mid (2133) ... c'est la vie.

Moving entry trig to 2144 (overlooked downtrend line from 2143 @ 1252 NY ...could bounce from lower tl)
  • #670,994
  • Jul 23, 2012 8:39pm Jul 23, 2012 8:39pm
out...b/e
  • #670,995
  • Jul 23, 2012 8:41pm Jul 23, 2012 8:41pm
Should be some stops above here if they want em....Will look to short somewhere around 1.217xx... If there's a setup.
  • #670,996
  • Jul 23, 2012 8:44pm Jul 23, 2012 8:44pm
stuck in a range, and not hitting any important levels for now.. so I'm calling it a night.
  • #670,997
  • Jul 23, 2012 8:46pm Jul 23, 2012 8:46pm
Yup...same here.
  • #670,998
  • Jul 23, 2012 8:52pm Jul 23, 2012 8:52pm
Temporarily down.
Attached Image (click to enlarge)
Click to Enlarge Name: m5gann7.jpg Size: 99 KB
Time turns trend. - W.D. Gann
  • #670,999
  • Jul 23, 2012 8:59pm Jul 23, 2012 8:59pm
Quoting ForExtraPips
Temporarily down.

I give it another 90 minutes to do it's business.
  • #671,000
  • Jul 23, 2012 9:05pm Jul 23, 2012 9:05pm
I will sell @ 2165
"Men who can both be right and sit tight are uncommon."
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