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  • #680,821
  • Aug 16, 2012 9:23am Aug 16, 2012 9:23am
Better not go short against this one yet.

1-10 yrs of Spain bonds all yields are dropping around 2-3% intraday.
They think they are smarter than I am.
  • #680,822
  • Aug 16, 2012 9:25am Aug 16, 2012 9:25am
Quoting Vachus
Up ... Up .... Up


And the rejection of 650 was so clear that this is only going up .


1.24 Here we come
so clear only in hindsight!
  • #680,823
  • Aug 16, 2012 9:25am Aug 16, 2012 9:25am
...
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  • #680,824
  • Aug 16, 2012 9:26am Aug 16, 2012 9:26am
an hourly candle closing below 2332 cud be a reversal signal...
waiting to open a short below 2332 looking for the day's lows of 2263...
  • #680,825
  • Aug 16, 2012 9:30am Aug 16, 2012 9:30am
Quoting buca73
Bad USA data
that is not as bad as no QE3 as suggested by housing data...
  • #680,826
  • Aug 16, 2012 9:31am Aug 16, 2012 9:31am
Quoting aamit
Not so good volumes.... Technically correct but thin volumes shud trigger a reversal soon
See what I mean? Levels mean nothing without PA supporting them...
  • #680,827
  • Aug 16, 2012 9:35am Aug 16, 2012 9:35am
Just in case
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"It's the Margin, Stupid."
  • #680,828
  • Aug 16, 2012 9:35am Aug 16, 2012 9:35am
its too bullish now. don't burn your entire account in this move.
  • #680,829
  • Aug 16, 2012 9:35am Aug 16, 2012 9:35am
Quoting Vachus
Up ... Up .... Up

The down channel didn't break , which means that today or tomorrow we may see an upward break to 1.24XX and more ! If it failed to cross 1.23800 with at least 10 or 20 pips , we will go back again .

What really pissed me off is people in the morning kept saying to each other " Oh we go down, Oh short the empty space will be filled all the way down ..
And the rejection of 650 was so clear that this is only going up .


1.24 Here we come
LOL
how many times we have read this over the past 2 weeks?
  • #680,830
  • Aug 16, 2012 9:35am Aug 16, 2012 9:35am
Quoting cat
So now I guess the opposite is true with regards to the bad philly fed data, with the Dow now climbing again and euro striking out and up?
One knee-jerk reaction deserves another, I guess?

How the markets close each day is what matters to me.

Fox News says we report, you decide.

Best to let the market decide and ride along.
  • #680,831
  • Aug 16, 2012 9:36am Aug 16, 2012 9:36am
Quoting divak
LOL
how many times we have read this over the past 2 weeks?
At least one more time...


"To 1.24xx and Beyond "
  • #680,832
  • Aug 16, 2012 9:42am Aug 16, 2012 9:42am
Quoting almo
At least one more time...


"To 1.24xx and Beyond "
hahahaaa i was looking for you in the morning to read this sentence - if it breaks and you weren't here , it would have been a pity !


Divak, the sentence or comment " to 1.24 and beyond " is not an exact science , but it will happen ... think about it like the boy who cried wolf story , once it happens it will be tooooo late to do anything about it
"It's the Margin, Stupid."
  • #680,833
  • Aug 16, 2012 9:43am Aug 16, 2012 9:43am
Quoting Mr.MaginCole
Looking to close longs as close as possible to 1.2370. Where I consider entering short.
Maybe I should consider 2420. Lets see if the bears will fight for their conjugal rights.
  • #680,834
  • Aug 16, 2012 9:44am Aug 16, 2012 9:44am
Quoting Vachus
hahahaaa i was looking for you in the morning to read this sentence - if it breaks and you weren't here , it would have been a pity !


Divak, the sentence or comment " to 1.24 and beyond " is not an exact science , but it will happen ... think about it like the boy who cried wolf story , once it happens it will be tooooo late to do anything about it
it will happen for sure. Euro will touch 1.16. it will happen too.
  • #680,835
  • Aug 16, 2012 9:44am Aug 16, 2012 9:44am
Quoting attila
There was a post today, where I said if that "shooting star" on daily (which is not actually important because of it's position) fails, could be the best thing to happen to bulls.. I mean we're talking 2450 and above..
Just a friendly reminder not to jump all over a shooting star when they are not at the high but in a retrace... These are the most sneaky patterns..
  • #680,836
  • Aug 16, 2012 9:44am Aug 16, 2012 9:44am
Hello.

Health for all.
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Just for today ...
  • #680,837
  • Aug 16, 2012 9:44am Aug 16, 2012 9:44am
So where are the ones saying it would go back down two hours ago? Good thing I went long.
  • #680,838
  • Aug 16, 2012 9:46am Aug 16, 2012 9:46am
Quoting divak
it will happen for sure. Euro will touch 1.16. it will happen too.
Dreaming is good , keep dreaming but it won't happen ...
"It's the Margin, Stupid."
  • #680,839
  • Aug 16, 2012 9:48am Aug 16, 2012 9:48am
This is a total madness by bull.
Till 1.2445 if any resistance reject this bull there will be no mercy
You cannot learn better without losing
  • #680,840
  • Aug 16, 2012 9:48am Aug 16, 2012 9:48am
The question we should be asking ourselves , can this move break 1.23850 and break out or not ? because it the support down at 1.22590 hold , so can the 1.23850 hold too !
"It's the Margin, Stupid."
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