Moneylender
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Morning all, not much direction sofar.
Trading with point and figure
- Thread starter Dentalfloss
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Dentalfloss
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cable comin off our rez
ditto audusd
usdjpy rallying
eurusd comin off our rez
excellent
luvin it
ditto audusd
usdjpy rallying
eurusd comin off our rez
excellent
luvin it
Dentalfloss
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stops very tight all 4
Dentalfloss
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1.2412 area holding as supp...lets see if it can maintain that
Dentalfloss
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dax our 11520 area seems to be holding
Moneylender
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One day I am coming to watch you trade, professor, how do you watch 4 or 5 instruments, set charts and type on here? I can't even watch one properly!!
:smart::smart:
:smart::smart:
Dentalfloss
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wham....
excellent
Dentalfloss
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its quite easy..you need to know where supp and rez lies
then look for signals
Atilla
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Moneylender
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Fresh week, looks like the down trend has been broken (Trend within a trend) 19850 could be a tough nut,
has held several times recently.
Bounced nicely off 19770 area!!
Now will it reach 19830-40???
Dentalfloss
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yes...excellent
Dentalfloss
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cable in pump or dump
1 min candle
ditto audusd
dax aswell
1 min candle
ditto audusd
dax aswell
Dentalfloss
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Dentalfloss
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Dentalfloss
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oil dumped this morning...as we said it was recoiling in a downtrend
bias was short
excellent results
bias was short
excellent results
Looking for sp zone 5170 - 200. Think it may pullback to 53 first... lets see.
Atilla
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fwiw - I see oil coming under pressure.
In Davos, most world leaders saw risks in 2017.
If trade agreements broken trade will slow down.
Opec may come under pressure.
US may produce more oil and buy less.
Trumpet economics is a big unknown?
Strong dollar may impact it too, if Fed continues to raise rates.
In Davos, most world leaders saw risks in 2017.
If trade agreements broken trade will slow down.
Opec may come under pressure.
US may produce more oil and buy less.
Trumpet economics is a big unknown?
Strong dollar may impact it too, if Fed continues to raise rates.
Nope...looks like 5250 could become rez...
Could go either way... OPEC needs to get some coin.. badly. Russia particularly.
US self-sufficient in energy.
Bit of sabre rattling in ME or elsewhere... no one know how the Trump will react.
I'm no expert for sure but I think there are as many upsides as downsides on price and price (WTI) seems to have been well supported above 50 this year so far (early days lol).
