350zCommTech
Well-known member
I've posted this chart before talking about the 50% fib area. Here it is again. Break below would be bad.
View attachment 8479
View attachment 8479
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350zCommtech's Account Talk
- Thread starter 350zCommTech
- Start date
350zCommTech
Well-known member
Viva_La_Migra
Well-known member
My compliments on the avatar once again. My father in law is a Georgia Tech alumn and I showed him the photo over the weekend. He and I agree that she is one well engineered engineer!
350zCommTech
Well-known member
My compliments on the avatar once again. My father in law is a Georgia Tech alumn and I showed him the photo over the weekend. He and I agree that she is one well engineered engineer!
Yup, she is mesmerizing. If I wasn't married, she would be my wall paper.
Credit should go to Minnow. He found her.
CountryBoy
Well-known member
Good catch Minnow, much more pleasing than old grizzled Robert Duvall.
350zCommTech
Well-known member
Futures are only down 2 points at the moment and I'm kinda bored tonight. No Heros.
Any way, after the close today, a couple of my short term indicators are showing sell. Which means tomorrow could be a down day.
Lets do a poll of tomorrow's DOW close.
I'll guess down 100 points.
Any way, after the close today, a couple of my short term indicators are showing sell. Which means tomorrow could be a down day.
Lets do a poll of tomorrow's DOW close.
I'll guess down 100 points.
Frixxxx
Moderator
Lazy week, before unemployment numbers and no one really believes February's (short month) reports.:laugh:Futures are only down 2 points at the moment and I'm kinda bored tonight. No Heros.
I'll guess down 100 points.
DOW down 85. Mortgage rates in GBP will be down.
Revised GBP GDP will also be down....
Guess that wraps up the FTSE!
GBPJPY recovery? 143 tomorrow....maybe I'll get that 145 this weekend?
350zCommTech
Well-known member
Not sure I agree about the GBPJPY. Looks like a bear flag. But then again, bear flags in today's markets have been breaking up. So, you might get your 145.
But seriously, if it recovers to 143 or higher, you would see the DOW up 100 points.
Frixxxx
Moderator
Yep. I was looking at a bear flag dead in the face...You're right...I went really contrarian and it cost me a few on GBPJPY. My model got tweaked a little to remove my bias....It closed positions last night and opened reversals.... I think the UK is taking a break today?Not sure I agree about the GBPJPY. Looks like a bear flag. But then again, bear flags in today's markets have been breaking up. So, you might get your 145.
But seriously, if it recovers to 143 or higher, you would see the DOW up 100 points.
More sideways movement....
350zCommTech
Well-known member
Break as in a holiday? Then no, they are open.
With the breakout, my target for the GBP/JPY is 136.50. Which will not be good for the market.
Frixxxx
Moderator
Break=red movement:blink:
350zCommTech
Well-known member
In that sense, yes.
350zCommTech
Well-known member
Bond yields were threatening to shoot higher so they released a much lower than expected consumer confidence. Which is not really news to anybody than can see.
View attachment 8489
View attachment 8489
That news, although not a surprise, sent stocks tumbling already this morning.
350zCommTech
Well-known member
I hate to bring politics into my home but here's another example Obama saying one thing and will surely end up doing something less. Any questions on who our politicians work for?
Frixxxx
Moderator
It's HEDGING...& I WANT IT BACK NOW!!!!!
350zCommTech
Well-known member
I know you made millions in FOREX but, since when did you become a bank holding company?
Frixxxx
Moderator
:laugh:LMAO, only tens of thousands.......millions next quarterI know you made millions in FOREX but, since when did you become a bank holding company?
.....most of my trading was done through banks and they had to enforce the no hedging rule.....I spent months rewriting code and lowering my .5% a night to .5% a week!:suspicious:
fedgolfer
Well-known member
Futures are only down 2 points at the moment and I'm kinda bored tonight. No Heros.
Any way, after the close today, a couple of my short term indicators are showing sell. Which means tomorrow could be a down day.
Lets do a poll of tomorrow's DOW close.
I'll guess down 100 points.
You're a freak, 350... can you time travel like Hiro?
Frixxxx
Moderator
Dude...I agree, that crystal ball couldn't be any clearer:suspicious::laugh:
