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PayTheLimit replied Dec 24, 2010I understand that you are looking for a break, and also understand that you are not using stops, my question is at what price will you not be bearish anymore. At what price will you consider your analysis to be wrong? Thanks in advance, PTL.
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PayTheLimit replied Dec 23, 2010where in your view gator do the bears get some momentum back?
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PayTheLimit replied Dec 23, 2010well that downside beakout did not last long, bulls have the ball now, resistance above at 3139 and 3159, support down below 3060/3067, good luck, PTL
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PayTheLimit replied Dec 23, 2010well they got it, and now they will look to avoid an hourly closes above 3090, support below at 3060, a close below there could open a test of 2980, enjoy..PTL
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PayTheLimit replied Dec 23, 2010I am surprised that we did not at least get a a deeper push there. Bears still looking for a close under 3082/86. If bulls hold the line, a test of 3139 would not surprise me. Either way tough trade...good luck out there, PTL
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PayTheLimit replied Dec 23, 2010Good Morning. Support in the 3082/3086 area held. Looks like a test of 3159 is possible early. Above there I'll watch 3183. Good luck, PTL
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PayTheLimit replied Dec 22, 2010Truth is the simple techniques do yield alot of information clearly and easily most of the time. I have been doing a good deal of work using the bodies/shadows of candles as of late off the 1hr and I have been surprised by the results. Droping down ...
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PayTheLimit replied Dec 22, 2010Do you have a view of the weekly. I'm looking at 3046 as an important level, close under there and 2676 may become a valid bear target.
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PayTheLimit replied Dec 22, 2010I agree with the support you mention, maybe a close below on the hourly could set up a new leg lower, otherwise we could turn into a range. I'm in holiday mode, just following the market for the hell of it, waiting for the monthly to close. Anyway ...
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PayTheLimit replied Dec 22, 2010What up hatch, how you been brother, you in holiday mode yet?
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PayTheLimit replied Dec 22, 2010tested, looks like this hourly close will give some good clues...
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PayTheLimit replied Dec 22, 2010Same as yesterday...support 3082/90 area...good luck out there today
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PayTheLimit replied Dec 21, 2010Thanks for the recap. So is this your forecast. Is this what your planing to trade, or are you in a trade already. Thanks in advance, PTL BTW, how long have you been using your method.
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PayTheLimit replied Dec 21, 2010No change on my chart....this hour could offer some clues, not much happening on the 1hr, lets see this close...
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PayTheLimit replied Dec 21, 2010Hey T, hope your well. I dont trade patterns so I have a question for you. Is that M still important despite the fact that the market is more or less rangebound. Would it have greater importance coming after an uptrend, or are you using it as a ...
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PayTheLimit replied Dec 21, 2010Morning all, hope everyone is trading well. Am enjoying not trading and a little time off. Looks like bulls have the upperhand above 3121. An hourly close above 3183 and 3225 comes into play. Enjoy your day and good luck, PTL...
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PayTheLimit replied Dec 17, 2010I like 3193 and 3175 as resistance now... and 3151/54 as support
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