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jimkane
Rep: 3,058
Posts: 33,089
I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...
JI
jimkane
Rep: 3,058
Posts: 33,089
Nah, not a sign that something may be brewing...

http://www.zerohedge.com/news/2013-04-16/presenting-golds-7-sigma-move
JI
jimkane
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Posts: 33,089
Short play looking better. We shall see how much it has to give. It may be done right here, who knows.
MA
MarcinO
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Posts: 5,506
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RA
rat89
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Posts: 7,015
Mr spikey!

Originally posted by MarcinO

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MarcinO
Rep: 67
Posts: 5,506
Thanks for pointing this, rat. I thought about it as an ABCD with very long AB leg, as it covered off market hours in Europe.
It's funny that two patterns indicate the same area.

Originally posted by rat89

Mr spikey!

RO
roofer
Rep: 3,689
Posts: 3,574
as traders.armed with the tools of this forum... and in my case armed with an archive of predefined trade setups.... we time and again come to a crossroads where the bull and bear case square off... this is a good teaching example.... the algo triggered yesterday morning.... we KNOW IN ADVANCE that the number one way the odds become a coin toss is if an ABCD sets up against the trade PARTICULARLY if it completes in 382/447 box... AT THAT MOMENT each side has equal claim...in this case, i took half off and put a stop in at break even on the rest...
RO
roofer
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RO
roofer
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context for fxe trade
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RO
roofer
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Posts: 3,574
in the larger context of FXE, price gave a signal that was NOT at larger fib or line
RA
rat89
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Posts: 7,015
iwm and spy S2 are spot on the .886 on a day with a gap open
RA
rat89
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Posts: 7,015
Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....