If the bulls were really in charge, today would have been the day that price broke above the weeks' open with the election and everything. This market is heading down by tomorrow once all the hub-bub is over about who's elected.
- #714,804
- Nov 6, 2012 2:08pm Nov 6, 2012 2:08pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #714,805
- Nov 6, 2012 2:09pm Nov 6, 2012 2:09pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
come on baby down you go
Not all sins are created equal
- #714,806
- Nov 6, 2012 2:10pm Nov 6, 2012 2:10pm
What the bulls don't realize is that we are at important long term S/R level around 1.2815. This has now become resistance for the daily "double top drop" we are in.
This drop still has to go to 1.2700 before my mind is changed to bull logic.
This drop still has to go to 1.2700 before my mind is changed to bull logic.
- #714,807
- Nov 6, 2012 2:10pm Nov 6, 2012 2:10pm
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #714,810
- Nov 6, 2012 2:13pm Nov 6, 2012 2:13pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See
- #714,811
- Nov 6, 2012 2:14pm Nov 6, 2012 2:14pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Finally someone who does't get all bent out of shape because of a few pips move!
theres nobody in a hurry here
Trade What You See Not What You Want To See
- #714,815
- Nov 6, 2012 2:19pm Nov 6, 2012 2:19pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
hey im in ireland
theres nobody in a hurry here
Now I'm thirsty
Not all sins are created equal
- #714,816
- Nov 6, 2012 2:21pm Nov 6, 2012 2:21pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
I hear Ireland, I think Guinness.
Now I'm thirsty
Trade What You See Not What You Want To See
it's here.... the "bullvado" is out of gas.
hopefully back down we go...
While I do see what you mean in regards to the long term trend being down, and there being an assumed resumption taking place, I don't see the required weakness to support the view that the bull move is over. I still see quite a bit of intraday strength left in the Euro and intraday weakness left in the dollar.
But, we shall see. If it does break to the down side and weakness sets in, I'll be happy to jump ship.
But it's not time yet...Cheers mate!
- #714,819
- Nov 6, 2012 2:23pm Nov 6, 2012 2:23pm
- | Joined Jan 2010 | Status: forextradestoamillion | 527 Posts
I've got a strong feeling it's going to clatter all the way back down to where it was 12 hours ago
The longer TFs would suggest there's unfinished business on the downside
I'll pick up the crumbs don't need the whole pie
- #714,820
- Nov 6, 2012 2:23pm Nov 6, 2012 2:23pm
- | Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Trade What You See Not What You Want To See