What on earth is that blue wavey thing Headland? Did you draw that in?

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watching out for signs of a 3250 smack down

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Great short, good call

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Actually, looking at the monthly, lets make that 3280 before looking for PA reasons to short for a REAL new high, Shake 'n Bake...

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Got spooked and closed out shorts. 1.3180 looks like a good spot to look for reasons to short. 1.31 is a target Shake 'n Bake... url

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or she could just jump up from near where it opened

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1.31 is a clear support area on the 4hr. Be careful though if thinking of a new high. 3260ish is the top of the historical monthly range. Bottom of this historical range is roughly around the 1.28 region from memory.

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Yes, we trade the moments of clarity . Good post

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But there was also no news yesterday to drive it higher. Based on the data, it should have gone lower. (Liquidity grab). We are currently retreating off 4hr resistance. There is another resistance level at 3160.

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Better late than never I suppose.

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looks nice

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what is the point of trend lines and channels if markets are totally random?

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Worked out nicely thanks Headland, trades keep going into profit

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Of course. However, coming in as expected, may also mean it is already priced in by the time it is released. This then may bring the next major news item into focus (Whatever that is, as I don't usually pay much attention to news except as something ...

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Some red US numbers last week caused a spike up, but ultimately got rejected (maybe because they were still better than previous and employment rate is steady). Will be interested to see if the CPI spikes this pair into the highlighted resistance ...

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I reckon so. Will have to wait and see what the market thinks.

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Get that checked out mate

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looks like your in an audition for a movie there. Which movie? “The invasion”? Did you meet Nicole Kidman? She a pretty good Aussie actress, but a little over rated in my opinion.

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I must say, I agree unfortunately

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Now that’s called projecting. I asked a straight forward question to Pat and even gave you a chance to clear things up for me. That’s what these forums are for right? Instead of simply getting an answer from either of you, I got memes and an ...

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