Starting it off.
Al
MA
MarcinO
Rep: 67
Posts: 5,506
I'm staying long with the Pound, as there was no new high since Friday I am waiting for the areas posted then.
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
Click image for original size
Click image for original size
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
spx 60 - still has three possible counts...the one I favor is that it is now in wave 1 of major [5], with a triangle break last week, that has an ultimate target area from 2965 - 3083. There is however a trap area at the red line for both the alternate counts, and it would be most interesting to see some weakness sometime this week that allows for a spring up and into that area around 2774
Click image for original size
Click image for original size
Click image for original size
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Paper traded four stocks today, all calls. KSS, CBS, TEVA, and GILD.
First trade today and my biggest loser. I made some, then I bought another call and lost it all back and then some. Poor timing on my part. Arrows point to Gold Cross and STO OS in previous session,and price rising away from 8 above the 20 in today's session.
CBS had a price reversal at an 0.886 fibo, but a very large bid-ask spread, imo, which put me off. I finally decided to enter and made a little.
Made a bit. Arrows point to Gold Cross, STO OS and Gap UP, and price rising from the 8 with STO noted by arrow.
Lost a bit. I really liked the look of this one. Arrows point to Gold Cross and STO OS area at 0.382 fibo in previous session. Gap UP at OPEN, no arrow, and price pulling away from the 8, with STO dip noted by arrow.
Good Trading,
Al
Click image for original size
First trade today and my biggest loser. I made some, then I bought another call and lost it all back and then some. Poor timing on my part. Arrows point to Gold Cross and STO OS in previous session,and price rising away from 8 above the 20 in today's session.
Click image for original size
CBS had a price reversal at an 0.886 fibo, but a very large bid-ask spread, imo, which put me off. I finally decided to enter and made a little.
Click image for original size
Made a bit. Arrows point to Gold Cross, STO OS and Gap UP, and price rising from the 8 with STO noted by arrow.
Click image for original size
Lost a bit. I really liked the look of this one. Arrows point to Gold Cross and STO OS area at 0.382 fibo in previous session. Gap UP at OPEN, no arrow, and price pulling away from the 8, with STO dip noted by arrow.
Good Trading,
Al
MA
MarcinO
Rep: 67
Posts: 5,506
1.3500-10 is the last support level for the Pound, unless they want to send it to new lows on daily chart.
MA
MarcinO
Rep: 67
Posts: 5,506
They sent Cable to new nominal low.
Probably that's it for the day and time for upward reaction soon.
Probably that's it for the day and time for upward reaction soon.
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Bought calls for DATA, TRN, and XLI. Bought a put for FB. Made a little on two, broke even on one (not counting commissions), and bungled one for a loss (fumblng fingers) LOL.
Bungled this one by selling by mistake, at the wrong time. ABC fibo = 0.382 (0.400 calc), X for X*AB = CD is 0.618, X' = 1.128, X ''= 1.460
ABC fibo = 0.618 (0.598 calc)
ABC fibo = 0.564 (0.529 calc), X for X*AB=CD is 1.382 Broke even on this one,
ABC fibo = 0.564 (0.567 calc), X for X*AB=CD is 1.618
Good Trading and Have a Good Weekend.
Al :--)
Click image for original size
Bungled this one by selling by mistake, at the wrong time. ABC fibo = 0.382 (0.400 calc), X for X*AB = CD is 0.618, X' = 1.128, X ''= 1.460
Click image for original size
ABC fibo = 0.618 (0.598 calc)
Click image for original size
ABC fibo = 0.564 (0.529 calc), X for X*AB=CD is 1.382 Broke even on this one,
Click image for original size
ABC fibo = 0.564 (0.567 calc), X for X*AB=CD is 1.618
Good Trading and Have a Good Weekend.
Al :--)