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

Al
AL
albert
Rep: 99
Posts: 3,094
Marcin,

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.
RA
rat89
Rep: 0
Posts: 7,015
first stop....have a feeling there is more...

Click image for original size
screen shot 2019 10 21 at 11 45 20 am png

Click image for original size
screen shot 2019 10 21 at 11 45 30 am png
RA
rat89
Rep: 0
Posts: 7,015
fas 60

Click image for original size
screen shot 2019 10 21 at 1 35 14 pm png
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Broke even on a long COTY call.

Al


Click image for original size
sc1369 png

Click image for original size
sc1370 png
MA
MarcinO
Rep: 67
Posts: 5,506
Waiting for some confirmation just after European open. If so I will try to short DAX again right of .886 a key set.
Area of concern, 12520 stays the same as yesterday.

Click image for original size
dax 2019 10 22 png
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?
RA
rat89
Rep: 0
Posts: 7,015
jpm
Click image for original size
screen shot 2019 10 22 at 2 19 43 pm png
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?


Click image for original size
nq 2019 10 22 png
AL
albert
Rep: 99
Posts: 3,094
Cool charts guys,

Al
RA
rat89
Rep: 0
Posts: 7,015
gdx 5 - classic dive to median line below the .886 rt, and then bounce to the .382
Click image for original size
screen shot 2019 10 23 at 10 59 20 am png
AL
albert
Rep: 99
Posts: 3,094
Duane,

Good work.

Al :--)