This is very important part when reading price action.

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My sincere condolences... /r

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Far from it, mate.

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just a heads up. 8hr momentum is to the south, and looks like it can take the daily with it in coming days. /r

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It's you and the market. nothing else should come in between.

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New seasion - fresh new money poured in. Price right at the demand zone when ny opened. You do the math. Would you buy that or sell that if you were the shark? That's beside any ta.

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Market seems exactly the same before or after.

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Very interesting NFP day, imo.

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Thanks, but I think it really depends on how you use it. In my case, the combination between the two helped me to stay out of a lot of bad trades in the past. Not perfect, but highly effective, imo.

Swing Traders Welcome

Thanks for your input. However, in my case, MACD or RSI is the only tools that tells me whether we are in the momentum run or at the exhaustion point. Price alone does not tell me this information, but I will delete that in the future postings. /r

Swing Traders Welcome

Something to consider before long trade.... just a thought.

Swing Traders Welcome

Recommending STEVE NISON. Look him up then I'm pretty sure you will know why. Also, another good thread to read upon the subject: url richadi36 also looks like a solid pa trader.

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Little too early to tell, but here's a food for thought. After a couple of bounces, a downside break is to be expected.

Swing Traders Welcome

Paying attention to bullish divergence on 1hr, 4hr and daily, mate?

Cesarnc's market talk, gossips, rumours & fun

no volumn at the bounce = no buying interest. just my 2c.

Cesarnc's market talk, gossips, rumours & fun

Monthly looks like a straight down to the new low, imo. And, I don't know about this shampoo thing will fan out.

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Whatever made a bounce today had no volumn = no interest in buying. Market's not interested in buying at this price = lower price to come. Dragster next week may change things, but doesn't look like 1.195 is happening not before another low. Just my ...

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A little heads up. Dragster next week, mon-wed. /r

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Looks like 1.15 will be tested before 1.19 (assuming we get a daily divergence at the low, kind of doubtful at the moment, but will see.)

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