Payroll Turd Polishing

G-Man

Active member
Feb 26, 2003
243
3
28
48
London
#91
affirmer said:
I bet the £ tumbles now having not hit 19220 for you or 19225 for me!! - looks like some consolidation is starting in the Euro aswell now
Looks like a bull flag now. Stopped just short of 19250.

Weekly high at 19260 in view now.
 
Nov 14, 2004
22
0
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watford
#92
Did you cancel your short? I seems overbought for the day though - RSI is through the roof. Where is it going for the rest of the day? I'm still surprised it didn't go the other way after the data
 

G-Man

Active member
Feb 26, 2003
243
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London
#94
affirmer said:
Did you cancel your short? I seems overbought for the day though - RSI is through the roof. Where is it going for the rest of the day? I'm still surprised it didn't go the other way after the data
I usually use a 14 period ADX as a momentum indicator and that is high over 52 on the 15min, but It can go higher yet. Unless there is another push from the euro desks now I think the top is in. Famous last words though...........
 

FetteredChinos

Well-known member
Jun 11, 2003
3,897
40
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Fraggle Rock
www.xlexceladdin.com
#95
and off we go again... 40 mins and counting..

ladies and gentlemen, your bets please for the NFP number...

im in for a pound and a packet of bourbons for 264k

anyone else?
 
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tradesmart

Well-known member
Aug 24, 2002
1,286
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Peel
#96
I'll go for a Hurricane cleanup induced blowout at 355, 000, but acknowledge that I could easily be 200k out, but closer than most economists.....

How does one guess the unguessable....?!!...... :LOL:
 

G-Man

Active member
Feb 26, 2003
243
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London
215k. Revision down for previous period of 12k.

G-Man
 

tradesmart

Well-known member
Aug 24, 2002
1,286
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Peel
215k......G-MAN gets the paper hat...!...... ;)

The market's a bit overbought at the mo' and may have limited rally potential...

Could be a 'sell the news' job.... :confused:
 

FetteredChinos

Well-known member
Jun 11, 2003
3,897
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Fraggle Rock
www.xlexceladdin.com
not just yet chaps... patience.. ;)

dips on wednesdays are usually bullish into early monday....

all depends if Daddy Dow can pierce 10940 with gusto...

edit:- and no sign of the upmove stopping on the 5 min chart..

still higher lows and highs, and no divergance on the obvious sources...