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Hoops McCann commented Jul 26, 2013It's what Unions and far left liberals did along with all the other corruption that went on in that city: Pensions, spending, spending, spending and chasing out businesses and spending. On the bight side, they have Government Motors still, with the ...
U.S. consumer sentiment rises to highest level in six years in July
- Hoops McCann commented Jul 25, 2013
On the Daily chart, they are inside a mother candle. Technical analysis is most effective on a broker that provides five candles a week, not six, and close and open at the end of the NY session to align with the markets around the world.. You ...
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
Institutions are hunting your shorts and other profitable traders are hopping on board to follow. It has nothing to do with the news, but has everything to do with what buyers and sellers want - regardless. If you want something, you buy it. The ...
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
Hah. It's not that easy, or everyone one would be rich.
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
His indicator will tell him that a few days from now, then price will probably turn the other direction, more than likely.
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
False. Indicators lag, price is real time. And it also shows the psychological side of the market, what buyers and sellers are doing.
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
Candle rejections at key support and resistance levels (pin bars) breakouts of inside bars, many ways to find price's direction. There were three inside pin bars last week, an obvious signal buyers werent letting price fall, they're going to run it ...
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
Because buyers are and have been in control
DJ: Fed officials to discuss revising guidance on rates at July meeting
- Hoops McCann commented Jul 25, 2013
Yep, it's doing what price has been telling buyers all week, regardless.
US unemployment insurance weekly claims report
- Hoops McCann commented Jul 24, 2013
Funny...my post got deleted. It wasn't anything bad either, only the truth. How many posts about Draghi or Merkel get deleted? What's the difference? I guess the NSA is monitoring FF...
Obama's Big Speech On The Economy
- Hoops McCann commented Jul 23, 2013
Rule 1. Learn to read price action and utilize risk-to-reward. Rule 2. Ignore headlines and hype. Rule 3. Do not pull the trigger to "buy, buy, buy" "sell, sell, sell" comments.
Rules Hold the Keys to Trading Success
- Hoops McCann commented Jul 23, 2013
So what they are saying is she needs to turn herself into a baby making machine in order to fix their economy. Can I help?
Prince William and Duchess Kate's baby boy could provide UK economy with £240m boost
- Hoops McCann commented Jul 22, 2013
Because buyers have been in control of price all last week, look at all the pin bars on the daily chart inside that bullish candle. It doesn't matter what trouble Europe is in or what headline comes out, it's what buyers and sellers want.
June Existing-Home Sales Slip but Prices Continue to Roll at Double-Digit Rates
- Hoops McCann commented Jul 19, 2013
Daily is showing more of an upward movement, possibly to 1.324 area? A lot of rejected candles inside that large bullish candle. Buyers are in control right now.
EURUSD Technical Analysis – Intra-Day Update – July 19th
- Hoops McCann commented Jul 18, 2013
Sure they will, if they don't stop chasing businesses out to right-to-work states and reduce the amount of ridiculous spending which is exceeding their GDP.
Detroit becomes largest US city to file for bankruptcy
- Hoops McCann commented Jul 18, 2013
Another rejected candle on the daily chart. Price is still most likely to go up to test 1.324 area, buyers seem to be in control.
US unemployment insurance weekly claims report
- Hoops McCann commented Jul 18, 2013
Unions and liberals working hard together. The same is happening to California
Detroit becomes largest US city to file for bankruptcy
- Hoops McCann commented Jul 18, 2013
Good for a laugh anyway. It's all "sell, sell, sell" or "buy, buy, buy" as a headline comes out, followed by "why is market going other way, I don't understand". Not that it's "funny", but people actually listen to and pull the trigger to this ...
US unemployment insurance weekly claims report
- Hoops McCann commented Jul 17, 2013
I see another rejected pin bar inside a mother candle forming, time will tell at the NY close. Price is more than likely to go up, seeing as the sellers are being beaten by buyers.
Beige Book - July 17, 2013
- Hoops McCann commented Jul 16, 2013
People are under the assumption that the Euro is going to just drop 100's of pips til it's at zero. Realty is, it's going to go up and down as supply and demand takes it course, regardless of headlines or economic data. People expect these large ...
German ZEW Indicator Slightly Weaker