firewalker99
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should be fairly easy... 5 more minutes - if not than probably 1 hour
it failed the 5 minute window, so looks like we're going to go lower first
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it failed the 5 minute window, so looks like we're going to go lower first
firewalker99
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uh-oh, not looking good at the moment
back to 600 then?
back to 600 then?
firewalker99
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ah no scratching here sir, all is been recorded
(read out loud with a Montgomery Scott accent)
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firewalker99
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allright, chop chop it is then...
not even thinking of putting a trade on, but with one hour to go, it's time to move into higher territory soon...
not even thinking of putting a trade on, but with one hour to go, it's time to move into higher territory soon...
ah no scratching here sir, all is been recorded
(read out loud with a Montgomery Scott accent)
Back again, matey. Shall we try that limit again. Limit 647 long 10 pip stop.
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firewalker99
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it was either that, or 685...
glad I stayed clear of the last 2 hours though, what a messy moves
Definately, very muddy area up there, i just got bogged down for 20. When 700, FW?
firewalker99
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Seems like you've developed a sense of reading the volume without plotting it on your chart.
I take it 685 will be your next target then?
All i use is an average price line chart, and as The Rumpoled One uses, a horizontal line. It's just a case of being less dependant on anything except your own mk1 eyeballs and brain. At the end of the day, it's all about the pips, so we all do what we feel comfortable with.
Today is interesting.... for the swingers...
Indices are said to be overbought on a few measures....so lets say we get a pop on the news ... will this make us less or more overbought over today/monday ? Slow stochastics on daily spx are over 95%.... I know it's not perfect ... and whilst high levels have been known to persist for a bit - that's an exception.
"Jolly Janet" Yellen of Fed gave an update of her 2k8 outlook in bloomberg interview in last 48hrs - it was pretty bleak and it makes me pause for thought when I see we are in yet another rocket move upwards...... as many turn intermediate term bullish.
Maybe the market has got it right ... and I should be dusting off my long list of low lying stocks ... for potential longs... again just in case
Indices are said to be overbought on a few measures....so lets say we get a pop on the news ... will this make us less or more overbought over today/monday ? Slow stochastics on daily spx are over 95%.... I know it's not perfect ... and whilst high levels have been known to persist for a bit - that's an exception.
"Jolly Janet" Yellen of Fed gave an update of her 2k8 outlook in bloomberg interview in last 48hrs - it was pretty bleak and it makes me pause for thought when I see we are in yet another rocket move upwards...... as many turn intermediate term bullish.
Maybe the market has got it right ... and I should be dusting off my long list of low lying stocks ... for potential longs... again just in case
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