Starting it off.
Al
AL
albert
Rep: 99
Posts: 3,094
Marcin,
Good to hear from you again.
Al :--)
Good to hear from you again.
Al :--)
Originally posted by MarcinO
Hi guys! I am looking at the same resistance levels for the Pound as Duane, but I do not trade it. Too many moves on intraday scale are driven by Brexit news, invalidating standard patterns and levels so it is hard to make money there. Interesting, that it didn't react to another Brexit delay.
In this way it becomes similar to Nasdaq and other indices ignoring all the bearish news on the way up recently. This a typical 'final wave' behaviour of the markets so I guess we are ahead of a serious correction on daily time frame. I will try to post some charts, but with my recent workload it is really hard to find time for that.
MA
MarcinO
Rep: 67
Posts: 5,506
DAX gave some reation but has been going sideways for hours. At the same time Nadaq cannot make it above Friday's HOD, so maybe some drop soon?
MA
MarcinO
Rep: 67
Posts: 5,506
Both indices accelerated down on poor Brexit news. The best place to end this leg down for Nasdaq is at 7760, but 7850 should be watched carefully in case of bullish 4PT scenario.
Originally posted by MarcinO
DAX gave some reation but has been going sideways for hours. At the same time Nadaq cannot make it above Friday's HOD, so maybe some drop soon?








