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Short Crude now, looking for weaknesses on short term charts, this one was based on 30 and below, entry based on 1 min chart's current formation. Stop within 10-20c Stopped out, that was quick

I am now Long USD/JPY off hourly chart & of course the weekly chart is my main reason for being in this trade. Currently: 107.73 My stop on this trade is just below 107.20 Best to all!

Phenomenal, looks unstoppable. Daily is still could be viewed as getting started, imagine if price actually BO above $100, how many sellers will get screwed then? Jeez!

Short term charts still point to upside ImO, though 120 & 240 do not look all that healthy

Long 1357.75 off 1,2,3 & 240 still looks kinda bullish to me Scaled out +3.75

You certainly seem to be putting your faith into future events that neither you or I have any influence over. Go with the flow is what I say, be it a 5 min chart or daily, if I see accumulation I look to go long & vice versa. But that's just me I suppose :) Anyway, thanks for sharing...

That's a mind boggling statement actually, you say fundamentally still short, so why would you not agree with 'market movers' that seem to be accumulating USD? Is it unreasonable to assume that they are buying USD based on their own FA and their 'footprints' are seen via TA? This whole FA vs...

Does anybody see bounce/reversal on USD/JPY setting up, please vote http://www.elitetrader.com/vb/showthread.php?s=&threadid=117829

Signs that you haven't :) <img src=http://mikehmayer.com/images/5thAve-(1)_small.jpg>

More buyers than sellers today, technically it was a buyers market, from 240 down to 5 min chart.

Less red & more black :)

I am not a permabear nor am I a permabull, I trade mini oscillations off possible larger range expansion cycles. Re 17 & 22, well done mate, on the other hand you kept buying current bear phase all the way. Secondly, there is hardly ever any rational discussion from you, I don't have you...

I was referring to Storm's recent Long calls, if you stick to monodirectional opinions then odds are you will eventually be blessed with a lucky strike :)

Storm, my hairdresser told me today that markets are going up & he wants to buy some more MF shares as prices are low currently. I didn't say anything. Hypothetically short 1366.75 Ammo, consider blindfolding yourself and walking in a park, what is the likelihood of you eventually stepping...

What time does Globex close today? TY!

http://www.elitetrader.com/vb/showthread.php?s=&threadid=47844&highlight=electricsavant+gambling

Really? Quick look on daily MSFT no C no XOM no PFE no GE no WMT no INTC no IBM no GOOG no AIG no MCD no You had 11 with, quick search found 11 without IHS. Now let's have a look at the S&P500 cash index itself SPX - ImO it's early to say that SPX daily features an IHS...

Here is what I see as a possibility. Correction: If 2nd lower peak in histo takes place then JAN p/a could be expected to take us towards current reaction low. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1794376>

As I have come to realise one of the key elements that may improve odds of survival daytrading using high leverage is to set goals based on longer term charts. I view USD/JPY as a strong contender for a bounce based on weekly/daily charts. So what I am going to do is start drilling down on...

According to how I view p/a in conjunction with MACD I would say that although it would be reasonable to assume decline based on H&S forming, MACD points to a possible BO above $100. Impossible? Do any of us understand fundamentals THAT well to go against the flow? I certainly prefer not to even...