guys
brent crude at an interesting level for a long on a buy trigger if it shows up
I like $50 for Brent which is a weekly support level and the daily 20ema. Price action there will get me long.
I like $50 for Brent which is a weekly support level and the daily 20ema. Price action there will get me long.
what if the dollars keeps on with this recovery? wont that push down oilings?
on my itcharts (s/b acc) the live 20 daily ema is at 5180 level what charts do you use nic?
I have it at 50.30 ... wierd
Can anyone explain this difference i use ig indexs realtime charts,tom? anyone?
check u've both got the same specs - daily chart....... exponential.... 20 periods........ etc etc..... or if all else....... calculate by hand an see which chart is lying.....
I wanted to start this thread as a place to examine the high probability reversal or continuation points in different markets so that traders can look for confirmation in the price action.
I firmly believe that by being patient and waiting for the market to come to you and then only entering the market at these pivots a trader will put the odds significantly in their favour.
Here is one that I have been watching closely for several days now.
ps. dante wouldnt touch this setup with a "bargepole", or so he said because........
QUOTE]
Parity!!!
One hour pin on AUD JPY has hit a zone that has previously acted as resistance, although the head of the pin is not contained in the body of the previous pin, only in the tail so i'm not sure if that greatly reduces its potential or not?
Also hitting close to 50% fib retracement from previous low of 65.00