Daily chart is perfect.
NITRO Scalping for serious traders 863 replies
Serious chart problems that could destroy your strategy 17 replies
The 3rd Dimension chart reading~TADfx 9 replies
Reading......and reading....... 21 replies
DislikedYes, up is certainly the name of the game. Dow futures up +50, no real news today....maybe she will just keep tickin higher.Ignored
DislikedI will protect some profits now, move stop up and shoot for 240.47 although if it does go higher, 240.19 may be strong resistance.Ignored
DislikedCool .. this target would like be hit by tomorrow (hopefully) .. it's a very bullish day .. market sentiment is positiveIgnored
DislikedI agree with you mktjong. Very bullish. I see set ups all over the place. I will post after dinner. Feel free to post yours too and we can compare so we can plan our attack.Ignored
DislikedThe analysis in this thread is helpful, but im gonna stay out for a while. The pound and the yen are both strong, so while the bias on GJ is down, you can see in the price action that it's struggling against alot of support and it only gets a bit smoother when cable pulls back. Look at GJ, Cable and UJ on the hourly chart and you see what i mean. Gold long was good to me this morning though.Ignored
DislikedIt would be quite quite quite interesting if this trendline does continue to hold. I also see the M1 near here at 237.65, which is holding so far and is often a reversal point. But dow futures are -137 right now....so market seems like it will want to push this pair lower.Ignored
DislikedWow, after NY close g/j decided to take the elevator ride down to the 50% fib (235.25) of that 251 down move in July. This also worked out to be the bottom of the down channel line that price has been respecting since Nov 1. So now what? Indicators look quite bearish on the 4hr and daily, now. Are we starting a new down collapse in this pair?? So far, it sure is not bouncing too much off the 50%...
BOE rate announcement early tomorrow, I'll be there to pick up the pieces.Ignored