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- Trillionaire replied Jan 15, 2010
It's making another bounce on 1.6312, which is the central pivot point for today. Just below that is the 1 hour trendline at about 1.6301. So far a couple of tough nuts to crack.
- Trillionaire replied Jan 15, 2010
Not another boring night of range-bound trading...
- Trillionaire replied Jan 4, 2010
Out with a fast +120pips. Good enough for today.
- Trillionaire replied Jan 4, 2010
Resistance... — It's making another attempt at the multiple resistance levels at 1.6193-1.62 next resistance at 1.6235-1.6245
- Trillionaire replied Jan 4, 2010
still laughing... — +120pips at about 1.6193 Price is at the 78% retrace, and R1 pivot
- Trillionaire replied Jan 4, 2010
Went long at 1.6074. +90 now I'm still laughing at this trade
- Trillionaire replied Feb 22, 2008
Looks that way, and on the other USD pairs as well...ya think the USD is going up today. maybe a little retracement of yesterday's dump? Carefull with divergence...if it doesn't play-out, it just disappears as price goes against it. But it is a good ...
- Trillionaire replied Feb 22, 2008
Um, 'cause that would make the cable go up.
- Trillionaire replied Feb 22, 2008
But it has already broken out of the triangle to the upside. Sure, it can drop back inside it but you need to draw your trendline correctly. Look at the black line in Bones' chart, you can see that price broke thru the triangle as of today.
- Trillionaire replied Feb 20, 2008
And I went long at 19431
- Trillionaire replied Feb 20, 2008
Um, No, so far only bounced off it.
- Trillionaire replied Feb 20, 2008
80 pips is a lot to float, and now bail as price is up against some significant support, and weak movement after the news I haven't gone long on cable yet, only 'cause I went long g-j, now up 60pips.
- Trillionaire replied Feb 20, 2008
It comes from the US government CFTC site. But there are other sites that provide the data in pretty little graphs so you can see trends, and others that provide some analysis. I dont think I'm supposed to post any sites here at risk of being ...
- Trillionaire replied Feb 20, 2008
Cable's downside potential — I don't see a whole lot of downside potential to the cable. Starting with the COT data, which tell me price is eventually going to advance, and when it does it will be a significant move in a short time...often ...
- Trillionaire replied Feb 20, 2008
There is always the chance of price doing whatever it wants to do. It looks like it's been bottoming out the las two days, but we know news can have unpredictable results. I was long, but got out with some profit on that little spike a couple hours ...
- Trillionaire replied Feb 14, 2008
Tuesday was what? like a couple hundred pips ago. Let your losses run and cut your profits short, oh wait, maybe I mixed it up.
- Trillionaire replied Feb 14, 2008
not much of a drop, still supported at 9680...back in the channel again
- Trillionaire replied Feb 14, 2008
Resistance again at m4 (1.9708), but, uh oh, looks like a bull flag on the 15m.
- Trillionaire replied Feb 14, 2008
You have to make your own assessment and decisions. Usually if you are undecided then cash is a good position. Right now I could make good arguments for long or short. I think I have stated them both in my recent posts. oh, look, another shot at ...
- Trillionaire replied Feb 14, 2008
yes, I figured that, I was being a bit sarcastic. You said we all know price is in a down trend. My point was that it's nothing more than a retrace of the longer term trend. Price has vacillated around the 38% level (about 1.9595) for the past ...