Search results

All upside will be short lived ImO until the time when monthly chart settles down & shows signs of recovery, as it looks at the moment all upside bounces will remain bounces ImO.

More news?

I don't know what to think of this, I sense LOL some faking going on here I see a possible turn near 1380ish

:)

Sorry, what was the news? :) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1807595>

Yes I see it, TY! But ImE these TL half the time are there as targets, so basing staying in trade until price reaches a bearish TL though a usable strategy on quite a few occasions it serves as target, for bulls in this case, so I tend to do the following quite often: Based on today's p/a...

Or perhaps at what price they want to buy :)

I agree 100%, main problem in intraday is staying in a trade which was originally based on longer time frame. As an example I was seeing a sell set-up on 30m chart, which still looks OK ie bearish, but SO MANY times bounces that can be seen on 1,2,3,5m charts lead to complete reversal of longer...

ImO this is bullish p/a

3m bullish Edit ESSTUD - WTG!

I know zip about trading based on what I think, I would rather trade what I see :)

that's why I said "not quite so" :) On the other hand there are others that invest based on monthly charts, they are the ones that will, how should I word it properly, will be interested in driving prices lower.

1 min set-up into 8.30 news release <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1807413>

Possible recovery now based on 1 & 2

Looking at this at the moment, news in 80min <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1807296>

I thought you guys might want to have a look & comment http://www.elitetrader.com/vb/showthread.php?s=&postid=1807153#post1807153

I did ask re correlation, but nobody answered, so I checked. Seems that you are not quite right, it's quite the opposite actually, have a look on monthly chart below. Let's not forget that low USD suits US export & export is main backbone of a strong economical growth. Looking at below chart...

I don't use EW analyses, but feel free to post charts of what you are seeing. I see a major turn here, heck knows if USD will reverse, but based on my research I see $116 as a very high probability based on the weekly chart's triple D. Re chat room, TY but I will decline the offer as I find...

USD/JPY: ImO $116 is very possible here, I just don't see weekly as fake p/a, it's a weekly chart!!! Please vote :) http://www.elitetrader.com/vb/showthread.php?s=&threadid=117829

I see another push towards breaking $100 in the making, 240's MACD will eventually indicate retrace that may lead to reversal (I certainly haven't got a clue whether it will), but at the moment 180 chart is showing a bullish pattern.