Its bouncing off near 20. Good for scalping.
- #692,263
- Sep 14, 2012 2:40am Sep 14, 2012 2:40am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
hi bud, i am now back home. i do not normally trade friday but i am trying something new out. i wqs reading up on nicholas verdas who you mentioned. i will speak about him later when room is quieter. Happy trading
"Men who can both be right and sit tight are uncommon."
- #692,264
- Sep 14, 2012 2:41am Sep 14, 2012 2:41am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #692,265
- Sep 14, 2012 2:48am Sep 14, 2012 2:48am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
- #692,266
- Sep 14, 2012 2:49am Sep 14, 2012 2:49am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
Playing with levels... a little bit of reverse ingeenering...
Provided that July low 1.2041 is 0%, what should be 100% fib level to match PA that we have seen so far?
Look at the fib levels - I am sure you will recognize them all, we've been there!
So if this is the game, the 100% should be at 1.3246... Which also is in sync with a TL connecting May 5th and Aug 27th tops (green dotted line)
I am not saying it will get there,there are other factors, just one more to think about...
What do you think?
http://i47.tinypic.com/2e22yy0.png...
"Men who can both be right and sit tight are uncommon."
- #692,267
- Sep 14, 2012 2:51am Sep 14, 2012 2:51am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #692,268
- Sep 14, 2012 2:52am Sep 14, 2012 2:52am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
I think is still valid, if respected 1.30 is due.
forming a double top after a bullish bull flag.
"Men who can both be right and sit tight are uncommon."
- #692,269
- Sep 14, 2012 2:54am Sep 14, 2012 2:54am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
I think it is failing
- #692,271
- Sep 14, 2012 2:56am Sep 14, 2012 2:56am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
was hoping for this action yesterday was long from 77.5 and closed at 77.7 after the QE3 and here comes BOJ.. lol how many times have i experienced it...
Mohan
- #692,273
- Sep 14, 2012 2:57am Sep 14, 2012 2:57am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
- #692,274
- Sep 14, 2012 2:58am Sep 14, 2012 2:58am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.
- #692,275
- Sep 14, 2012 2:58am Sep 14, 2012 2:58am
- | Joined Dec 2011 | Status: Charting the trades ... | 919 Posts
amazing, this is never ending, incredible market... guys buying euro like crazy
everyone is entitled to an opinion, and it might go down, but hey ... my bias is still bullish.LE : SL to BE + 0.2
Please, just slap me around if I'm being silly ...
- #692,276
- Sep 14, 2012 2:59am Sep 14, 2012 2:59am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
amazing, this is never ending, incredible market... guys buying euro like crazy
we will see some stall @ 1.35 but i suspect that will break eventually too
Be hopeful in a winning position, and fearful in a losing position.
- #692,277
- Sep 14, 2012 2:59am Sep 14, 2012 2:59am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #692,278
- Sep 14, 2012 3:00am Sep 14, 2012 3:00am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
