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Short 1368 off 5 -3.5 went against the flow that was some dumbass decision making 2m was a much more appropriate signal to go long for break of pennant,

Short 1366 off poss triple D on 1 vs 2m -1.5

Short 1365.25 -1.75 oops re-entry Scaled out +1.25 +0.25 on 1/3

I might not catch top, but I will try to catch some of the move, watching daily and below

Scaled out 2/3 position +120 pips TY Bon!

It's amazing, yet again news came out after accumulation took place, have a look on 10,5,3,2 min charts' histogram, there is a higher 2nd low. Whatever the news were they helped to shift price.

TY MBS! That was a nice move, was there any news? LOL

Sure

you're right! I read BSAM's post & decided to spend some of my own time to explain to the ones interested what I saw, unfortunately, as in many other threads on ET, we have a group of people that are here for very strange reasons indeed. They really need to consider either not posting whenever...

Mate, where did you see me say that I saw the news coming?:confused: Look, it's like this: First there were technical buying indications before there were any news. None of techies so far claimed that we were expecting such a rapid squeeze looking at technical parameters. But I will tell...

TY for being rational about the debate. I appologise for branding you something you are not, I was just trying to show the power of assumption :) I always say that as long as there is potential benefit in a debate it's worth participating, unfortunately threads are spoilt by frustrated people.

ImO you have not invested in screen time, if you would have done then there would be no chance for such a statement. Light & quiet Friday? OMG

What is a gamble to you, may not necessarily be so to another person. To assume something you do not fully understand as being a gamble IS naive. You, Sir, are a reactor, I class myself as an anticipator. There is no way you can make judgmental statements based solely on your own research. Could...

Do you read with 1 eye shut? :confused: I quite clearly said that a turn was seen via technicals, strength of turn came from combination of variables, yes news potentially helped quite a bit. Next time there is key data release I can show you how to analyse p/a before news hits the wire...

To put it in layman's terms what you are saying is that you have no clue when it comes to TA, no offense.

Q: I wonder how the heck do these fundamentalists manage to time the market without referring to technicals? A: They have 100 handle stops.

Excellent, I just subscribed to this thread, Stormcrap is undoubtedly THE resident Elitetetainer. Big laughs, TY! :)

TA traders that saw the turn & went long pre-news release benefited from the lift, what happened to news traders? They were like what's going on, what's happening, has Fed cut the rate or have we captured Bin Laden? I don't think anybody sensible would argue that reversal strength was/could...

And that resolution will be bearish ImO, "they" are trying to keep EOD trading parties sweet sort of speak by doing what they did yesterday, but there is that monthly chart, which is just plain bearish as far as I am concerned, would be a hard task to negate that. I would have thought that maybe...