Breakout zone 5200 and 50 retrace zone 5100.
Martin, if I see this , then I look for the candle shape and the preceeding price action, as it can confirm that players are turning around their positions for the anticpated change in direction... you see this in forex a lot!! where they like to give the impression of further upside (for example) to come, when in fact they intend to sell it down from there on.. it also takes out the stops , which is perhaps some of the volume you are seeing.
Just going back over the topping volume discussion from yesterday. Here's a screenshot of what I was saying yesterday. The volume came in at a strong resistance level (5384.5 daily high from 16 Sept). Now some of that volume could have been from a small push higher, but the top was confirmed by the second spike in volume at 15:46. And if it is a genuine double top, the price tends to drop away quicker the second time around.
This T2W thread keeps causing problems with my computer. I think it is all the ads on the screen. They keep freezing my computer. Sometimes it locks up completely. It must have something to do with cache or Flash Player or something. Any suggestions anyone?
This T2W thread keeps causing problems with my computer. I think it is all the ads on the screen. They keep freezing my computer. Sometimes it locks up completely. It must have something to do with cache or Flash Player or something. Any suggestions anyone?
This T2W thread keeps causing problems with my computer. I think it is all the ads on the screen. They keep freezing my computer. Sometimes it locks up completely. It must have something to do with cache or Flash Player or something. Any suggestions anyone?
Disable java script within the browser (should stop the adverts)
This T2W thread keeps causing problems with my computer. I think it is all the ads on the screen. They keep freezing my computer. Sometimes it locks up completely. It must have something to do with cache or Flash Player or something. Any suggestions anyone?
This T2W thread keeps causing problems with my computer. I think it is all the ads on the screen. They keep freezing my computer. Sometimes it locks up completely. It must have something to do with cache or Flash Player or something. Any suggestions anyone?