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MarcVUM replied Aug 15, 2010A/U — Also, there seems to be some divergence down here. Edit: Sorry, I guess this would be convergence.
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MarcVUM replied Aug 15, 2010A/U — A/U. Look at where it's at...back to the 8850 area...strong support.
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MarcVUM replied Aug 13, 2010Consumer confidence beats expectations. Hahaha. Govt propaganda! Now I know the real reason why the Pres. was in Michigan "test-driving" the new GM Volt!! Conspiracy Theory. image I'm out of my short trade now since this news should allow the ...
Nearly Naked (Simple Trades)
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MarcVUM replied Aug 13, 2010Glad I took partial profit as some of the U.S. data was good although some was bad but it looks like traders are looking at the good atm. Edit: consumer sentiment data in a little bit will probably give direction for the rest of the day.
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MarcVUM replied Aug 13, 2010A/U — A/U...Price on the H4 has fallen to the 150ema so I've taken partial profit and moved the S/L on the remainder to B/E.
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MarcVUM replied Aug 13, 2010Looks to be purely technical as in S/R; MA and candle formations because if you look at the fundamentals when it occurred...EUR had just released good GDP and Trade Balance numbers.
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MarcVUM replied Aug 13, 2010
Dow Futures went from +66 to +13 in 30 minutes when 5am est hit.Nearly Naked (Simple Trades)
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MarcVUM replied Aug 13, 2010Don't forget that today is: Freaky Friday but also Friday the 13th!! I don't know how the rest of the world is about "Friday the 13th" but in the U.S. that is a really really bad luck day! To top it off it is almost a New Moon. image
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MarcVUM replied Aug 13, 2010Sorry, I was entering my trade and trying to post at the same time... now that I'm in I was able to show on my chart what I meant... look at the candle I was looking for up against the yellow 21ema on H4. Sweet! 8:30am est CPI and Retail Sales ...
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MarcVUM replied Aug 13, 2010A/U — Did I not get what I was looking for? #7600

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MarcVUM replied Aug 12, 2010Yep. Sounds like there are a lot of people looking at that area. ATM the stochs across most TF's are now overbought. 8850 might just be in the cards for London session.
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MarcVUM replied Aug 12, 2010Absolutely. I agree. That's why I've drawn that line on my charts as well. H4 200sma is in that area as well and would provide fantastic support.
Nearly Naked (Simple Trades)
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MarcVUM replied Aug 12, 2010I only have one more short position that I'm holding. The other three TP's were hit so I've moved the S/L down to 9020. That will still give me 187 on the last position if it gets hit.
Nearly Naked (Simple Trades)
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MarcVUM replied Aug 12, 2010A/U — A/U. Daily and H4 charts below...but my M15 and M30 charts are showing stochs and ma's that are pointing for some gains before maybe dropping again.
Nearly Naked (Simple Trades)