I moved my stop up and, in the end, it got triggered. Nice morning's trade, though, and hope I don't do anything daft,and lose it all this afternoon.
wernluck
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afternoon everyone,
1 hour FTSE
still holding short from red circle:
bounced off the upper parallel of the black PF...
interesting that in the upper coil(grey lines)that it was washed both to the downside and the upside(light blue shading) before the break lower..cleansing the order book..
price has been coiling today..and the coil has been washed to the downside and now to the upside.
Is it a signature?
stops at b/e now.Watching with interest
1 hour FTSE
still holding short from red circle:
bounced off the upper parallel of the black PF...
interesting that in the upper coil(grey lines)that it was washed both to the downside and the upside(light blue shading) before the break lower..cleansing the order book..
price has been coiling today..and the coil has been washed to the downside and now to the upside.
Is it a signature?
stops at b/e now.Watching with interest
SuddenDeath
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P
postman
Short on the FTSE - may just sit out the ripples and ride it all the way down to 6400.
See you next Thursday.
"Are we there yet?"
In his best whiny child like voice.
SuddenDeath
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strong dollar not giving the dow much mojo, yet
wernluck
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$ looking weak to me?
the battered AUD/$ cross looking to finish at its highest level in a while:
sellers have been stepping down for some time now...
10 mins to go on the 240 min bar but looks to have taken out sellers at the grey lines
also it is the first time in a long time price has been above the median line of the black PF(which
has been dsecribing price frequency really well)
Euro/$ and Cable lookingpery,CAD not too bad..
the battered AUD/$ cross looking to finish at its highest level in a while:
sellers have been stepping down for some time now...
10 mins to go on the 240 min bar but looks to have taken out sellers at the grey lines
also it is the first time in a long time price has been above the median line of the black PF(which
has been dsecribing price frequency really well)
Euro/$ and Cable lookingpery,CAD not too bad..
Last edited:
SuddenDeath
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4 hour charts make things so clear
SuddenDeath
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look at the move in EURUSD 153pips in 2 hours, putting downward pressure on dow
Dick Lexic
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SuddenDeath
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not much of a dow bounce from fridays 209 drop
Dick Lexic
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daily
P
postman
Gold keeps going up and the Nikkei keeps going down.
It's just a matter of time for the Dow.
It's just a matter of time for the Dow.
Dick Lexic
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well any buyers will be fearful of another zoomer like friday
SuddenDeath
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Dick SP500june is very bearish unable to get close to 1641 buy pivot, currently 1623.
todays rebound after 209 drop, is very very weak, unless they can rally it into the close, not setting up for a nice few days for the bulls. FTSE is 100% bearish, but any rebound and stay long if u can a buy signal from these bearish readings should run for a few days
http://wallstreetexaminer.com/2013/...arned-of-treasury-market-collapse-for-months/
Dick Lexic
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yes sd i agree it looks weak and as i said earlier h&s targets below 6500 but i'm still on the contrary side at the moment .....a new low would scupper the good ship bull i think
wernluck
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Dick
this the 240 min chart of the FTSE i am watching:
price has great fequency around the median line of PF and i have highlighted in light boue rectangles
wide range bars that zoom thru the median line.
If price zoom through the median line like that it increases the confidence in the PF.
It is something Dr Andrews was fond of.It is rather like a gap on the chart..
green lines are swing highs,brown swing lows...
this the 240 min chart of the FTSE i am watching:
price has great fequency around the median line of PF and i have highlighted in light boue rectangles
wide range bars that zoom thru the median line.
If price zoom through the median line like that it increases the confidence in the PF.
It is something Dr Andrews was fond of.It is rather like a gap on the chart..
green lines are swing highs,brown swing lows...
P
postman
Oh No not the 180 point rally followed by the 280 point drop again
Dick Lexic
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Dick
this the 240 min chart of the FTSE i am watching:
price has great fequency around the median line of PF and i have highlighted in light boue rectangles
wide range bars that zoom thru the median line.
If price zoom through the median line like that it increases the confidence in the PF.
It is something Dr Andrews was fond of.It is rather like a gap on the chart..
green lines are swing highs,brown swing lows...
thanks wernluck ...do you ever look at elliot wave? i'm thinking a possible ABC correction on the daily ...could also be on a 3 with 4 to come ...either way next leg is up ...ha ha famous last
