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TradeWell replied Nov 11, 2008A retrace to 2650 is not out of the question. It "feels" as if it would struggle to reach 2700. Seems like too much selling pressure. I am holding my small short. It's low risk because it's a tiny amount of my balance.
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TradeWell replied Nov 11, 2008I had actually observed that to be the case. It actually makes sense since the cloud is purported to be somewhat of a support/resistance.
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TradeWell replied Nov 11, 2008On my 5 minute it looks like a widening or "megaphone" pattern. I think they are usually seen at the top of bull markets but it's not clear what they signal.
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TradeWell replied Nov 11, 2008I don't know about MT but fxcm has Java charts that you can view with a web browser. Just Google them.
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TradeWell replied Nov 11, 2008Yes I did that one too, thanks to you. I also left an extra lot to ride once I moved my stop to entry. It's having a fun slide down! By the way, I looked into your site in more detail and studied fractals. Interesting. Thanks again for great ...
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TradeWell replied Nov 11, 2008This is only a semi-holiday. Banks and the bond market are closed but stocks and currencies are still trading. Volume is lighter but it was yesterday as well.
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TradeWell replied Nov 11, 2008I have made this observation and also adjusted during the past few weeks.
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TradeWell replied Nov 11, 2008It has been this way lately, for the most part, but not always. Yesterday did not exactly play out that way. So I use the Dow as an indicator, but only somewhat.
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TradeWell replied Nov 11, 2008It may not be if it drops below 1.2615 - then it could go to 1.26 or lower.
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TradeWell replied Nov 10, 2008Yes, get some rest and don't work on it again until you get some pips!

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TradeWell replied Nov 10, 2008I can also report that it does not show PA or MA, but does show all the text. I downloaded and re-installed 3 times to check.
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