One additional observation....
Currently, we still reside within a capitalist framework and therefore in order to ensure that Mr bank manager of any said institution doesn't become the next Lehman Brothers, they will at some point in the very near future be forced to increase risk (lending)...
And now the denials begin to hit the media outlets... you gotta love reading between the lines...
I'll tell you a little story...
Once upon a time there used to be over 25 individual currencies here in Europe. What do we have today?
USD/CAD hovering around parity...
A north American...
How is the USA going to successfully service its obligations to international debt?
Is the Dollar beyond repair or can we somehow save the Dollar as the worlds reserve currency with the deployment of economic prudence?
Chill out guys.... hang loose for a couple of weeks then get your fuckin longs in.
Is it a smokescreen or is it a misdirection?
What does your 200 SMA say?
Follow the intelligence of your heart.
Take me to your leader!
I didn't enter this thread abusing people, I merely offered a viewpoint that is contrary to the OP and was subsequently placed on ignore for that reason.
Ofcourse we shall see who is the loser, as soon as either the September high is breached or the March low is breached.
Here is my post...
I don't use TA, therefore I have nothing to offer that falls within the framework that you use in order to determine market direction. That however doesn't mean that I'm unable to form an assessment using other methods such as price action.
Let us keep it simple shall we...
I say the...
Finally we have an answer in terms of trade duration!
"The Top" since the March low.... very bold indeed... This statement implies that the 666 low will be breached before the September high in order for it to fulfill the criteria of being "The Top". I do like it when somebody lays their...
Although "calling" any high or low is reasonably impressive, without any idea of the trades duration the same old questions arise... How do you know when to take a profit? How do you know what percentage to leave in the trade? How do you know whether or not adding to the trade is the best idea...
Did I say something that was offensive?
What I asked/said was... Can we please have some clarity with regards to what timeframe "The Top" is operating within?
Double bottom?
Depending upon how much time "unfolds" before we get to the price range, lets just see how much resistance occurs around the 960-920 area on the ES.
If a low is comes in around 930, logic dictates that the "September high" cannot be classified as "The Top" from a structural...
With all due respect your original opening post merely states that "The Top" is in. You fail to advise of any duration or timescale, which leads observers like myself with no option but to speculate as to what exactly you are referring to.
Also, I may point out that many traders don't use...
I agree with FB123.
It is to early to evaluate the current market situation as being "The Top".
Even if the ES took a tumble back down to 700 we may still have more to the upside.
Although having said that, I "wouldn't" be feeling inclined to hold a long into a tumble down to 700 with...
Is a user of Metatrader 5 able to view charts in a timeframe of less than 1 minute? For example 10 seconds per candle or 30 seconds per candle?
Clearly there have been many improvements which is good news, however I believe it would be very helpful to users of your platform if you could...
Persist, you are probably very close to a breakthrough. If your system has probability in its favour, you will prevail.
If you are as close as you say you are, and it sounds like you are, you pretty much have it solved.
Only the ignorant are laughing, so they are not worth commenting upon. The remainder realise that this legislative model is not limited or unique to the US.