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KO
koolblue
Rep: 48,651
Posts: 16,032
Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
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RE
redsixspeed
Rep: 4,111
Posts: 1,711
Originally posted by redsixspeed

Originally posted by redsixspeed

1.387 is a key # for me the next # above that is 1.412 .. I look for
the mean = 1.3995 which is @ 1.400 that some are saying is resistance.
Resistance doesn't mean reversal ..


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1.412 ..


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O/N session at that 1.412 .. close below that area would put
1.387 back on the radar
RE
redsixspeed
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6e keeps flirting with that 1.412 area .. making up its mind I guess
RE
redsixspeed
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Clocks Go Forward Tonight
RE
redsixspeed
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see how this pattern plays out today


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LO
Lorn
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Posts: 1,406
Fighting with VWAP so far.


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RE
redsixspeed
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6e closed lower than yesterday = bearish BUT it closed above
my support zone = bullish .. the support zone did not change
RE
redsixspeed
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38.2 projection @ 1.4106 .. r2 @ 1.4109 .. equal distance move @
1.4110 and a mid point # @ 1.4112 .. I'am pulling for the mid #
RE
redsixspeed
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not this time ... maby next time up ..
RE
redsixspeed
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key prior low 1.4035 .. bullish candle pattern low 1.4026 ..

1.4035 + 1.4026/2 = 1.4030 ..

to say it another way, the boyz hit it 4 ticks early ..
KO
koolblue
Rep: 48,651
Posts: 16,032
Originally posted by redsixspeed

key prior low 1.4035 .. bullish candle pattern low 1.4026 ..

1.4035 + 1.4026/2 = 1.4030 ..

to say it another way, the boyz hit it 4 ticks early ..

..YUP!
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RE
redsixspeed
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Posts: 1,711
At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight