Here's what I've got as a Price Action S/R "MAP" ... the Red lines are potential significant S/R levels with Magenta semi-significant. The Cyan dashed lines are the Wkly Pivot levels. The Light Blue bars on the right vertical side of the chart represent Volume at Price on this 30-minute, 20 day chart:
Hope this is helpful to all ... and definitely follow MP analysis and your own analysis where things may line up and add significance at price levels for getting off a decent risk/reward trade.
And don't forget ... Wednesday is FOMC day ... stands for F*@K(ng Overall Massive Catastrophe for ____________ (fill in blank with your favorite pet peeve)!
PH
phileo
Rep: 3,062
Posts: 520
Originally posted by phileo
long 1091.5
playing the open (in case anyone is yearning for a reason)
target 1094 this time. stop at 1090.5
PH
phileo
Rep: 3,062
Posts: 520
PPT getting whacked by HFT sell programs. Most of the FOMC breakout has been retraced. 1085 hvn will be a key level of defense for the bulls.
Talk about a roller coaster ride....
But euro is still hanging on to its gains above 1.23
That might be a good tell going forward.
Talk about a roller coaster ride....
But euro is still hanging on to its gains above 1.23
That might be a good tell going forward.
BR
BruceM
Rep: 216,211
Posts: 19,895
amazing...the 10 a'm reports created more volume on a one minute spike then the fed announcement...
87 - 89 get top billing from todays trade.......
87 - 89 get top billing from todays trade.......
Originally posted by hari
2:23 bought at 1085
2:31 sold at 1090.50
fastest 5.5 pts ever for me :)
Originally posted by phileo
Euro is in a buying panic!!
TICK at +1400 !!
what the heck did big Ben say ??
fastest 4pts I've made all year
