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AL
albert
Rep: 99
Posts: 3,094
Starting it off.

Al
DU
Duane
Rep: 100
Posts: 1,095
I had many small losses today. Its O.K at least the losses where small. Some setups for tomorrow but my son is in the room with his girl friend and is giving me the signal. Gotta go. I know. no laptop. I will get one soon !
MA
MarcinO
Rep: 67
Posts: 5,506
Yeah. That was a tricky day in FX market. Lots of overlapping swings without general direction.
Originally posted by Duane

I had many small losses today. Its O.K at least the losses where small. Some setups for tomorrow but my son is in the room with his girl friend and is giving me the signal. Gotta go. I know. no laptop. I will get one soon !
MA
MarcinO
Rep: 67
Posts: 5,506
25 pips to supposed D point - right on data release!
Originally posted by MarcinO

Lot's of charts since yesterday. Great!
Cable is a hard call now. 1.3870 has not been violated after excellent initial reaction, but the layout is still bearish.
Anyway, my most preferable scenario is that it will make it to form an ABCD to 1.4025 (all prices for 6B H18), more or less, tomorrow before interest rate decision, then make a deep decline without violating supposed point A (low for the move in the chart) to move to the upside, eventually. We will see.

MA
MarcinO
Rep: 67
Posts: 5,506
Area hit. I wonder if they will drop it. So far Cable looks strong.
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MarcinO
Rep: 67
Posts: 5,506
Here comes a reversal.
AL
albert
Rep: 99
Posts: 3,094
die, pig, die!

Al
RA
rat89
Rep: 0
Posts: 7,015
gdx .886 at 21.53, area hit this morning at 21.66....do they really wash it out later or tomorrow, or do they trap the bear side now that everyone is on one side of the boat?
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RA
rat89
Rep: 0
Posts: 7,015
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AL
albert
Rep: 99
Posts: 3,094
Made a bit paper trading scalping QQQ Long at the OPEN into an 0.886 fibo/200 sma area.

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Al :--)
RA
rat89
Rep: 0
Posts: 7,015
gdx 60 - while gld has been coiling in the .382 - .50 retrace range, gdx retraced all of what I'm keeping as wave 1 up, In fact, after stalling at .886 at 24.86, it has gone line to line, almost reaching where 21.10 - 24.86 = 1.128 at 20.62. Symmetry, as 1.128 is the inverse of .886


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