MA
MarcinO
Rep: 67
Posts: 5,506
Cable is falling down without any serious correction. 1.3650 is a nice next level on the way down.
AL
albert
Rep: 99
Posts: 3,094
Marcin,
It is going well, for me, anyway. I have no definite ideas before the open. I look at the VIX, 15.49, and prospects for the open look lukewarm with no definite direction for the SPY.
Thanks for asking.
Al
It is going well, for me, anyway. I have no definite ideas before the open. I look at the VIX, 15.49, and prospects for the open look lukewarm with no definite direction for the SPY.
Thanks for asking.
Al
Originally posted by MarcinO
Thanks, Al. How is it going?
Any ideas before American open?
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a little on a ZEN call, and had a wash on a a HFC call. I did not trade DVN (Devon Energy), but it looked like a good setup wrt 10:30 EST EIA Petroleum report.
First pullback looks like a 0.486 and 0.786 fibo overlap. I did not enter until about the second pullback. Made a little.
Similar story to above . Got in too late. Wash trade.
Interesting.
Overall, it looks like I spend too much time at the OPEN shuffling papers about. Hmmmmm.
Happy Trading,
Al :--)
Click image for original size
First pullback looks like a 0.486 and 0.786 fibo overlap. I did not enter until about the second pullback. Made a little.
Click image for original size
Similar story to above . Got in too late. Wash trade.
Click image for original size
Interesting.
Overall, it looks like I spend too much time at the OPEN shuffling papers about. Hmmmmm.
Happy Trading,
Al :--)
MA
MarcinO
Rep: 67
Posts: 5,506
FED's interest rate decision today and daily range of the Pound is less than 90 pips so far.
What a joke..
What a joke..
MA
MarcinO
Rep: 67
Posts: 5,506
Finally the Pound is getting some solid downside momentum.
1.3550 would be nice today. 1.3490 is next.
1.3550 would be nice today. 1.3490 is next.
RA
rat89
Rep: 0
Posts: 7,015
Many thanks Al
Originally posted by albert
My condolences, rat.
Originally posted by rat89
Hi guys, was away dealing with some family stuff following the passing of my father a couple of weeks ago at 90.
Al
RA
rat89
Rep: 0
Posts: 7,015
.382/.447 zone retrace of all three down swings on this chart at today's high - spy 60
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Yesterday it stopped below 1.36, but the areas below are still valid and I guess at least the first of them will be hit today.
Originally posted by MarcinO
Finally the Pound is getting some solid downside momentum.
1.3550 would be nice today. 1.3490 is next.
MA
MarcinO
Rep: 67
Posts: 5,506
There is a lot of sideways action in a narrow range whicg is starting to look like a reversal.
I guess we may expect some correction to the upside.
I guess we may expect some correction to the upside.
MA
MarcinO
Rep: 67
Posts: 5,506
If this is indeed a bigger correction the Pound is likely to hit 1.3680 or 1.3715-20.
(prices for 6B M18 contract)
(prices for 6B M18 contract)
Click image for original size
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Slew of data from US and UK today, but Cable range is 55 pips today. What a crap!
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Found a Doji in WDAY, 3 days before yesterday's CLOSE, that had Full STO crossing its Signal Line UP. UP- bar subsequent to Doji had 0.618 fibo off LOW. Bought a Call today as price moved up to 50 sma. It worked, but I still "left money on the table."
Happy trading,
Al :--)
Click image for original size
Click image for original size
Click image for original size
Happy trading,
Al :--)