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Fudomyo replied Oct 27, 2011Those are just transversing channels with a center axis line. It's a significant area for 61.8 fib, Weekly resistance, MR1 pivot, 2/8 MM. Lot's of confluence. This is the breakout area for 6600, so if we drop it should be off this zone, if we don't ...
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Fudomyo replied Oct 27, 2011cheers mate.
Here's something to consider. The Monthly LTL UTL cross, and MR1 sitting under it at 6114.Cable Update (GBPUSD)
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Fudomyo replied Oct 25, 2011Billie Holiday: Autumn in New York video The Dave Brubeck Quartet - Koto Song video Yves Montand - Les Feuilles Mortes video
What kind of music you hear while you trade?
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Fudomyo commented Oct 25, 2011For starters, a 300 Billion reconstruction cost from the disaster, a mounting nuclear crisis, with an unestimated price tag which will most likely dwarf the initial disaster estimates. 60 Billion spent in August alone on intervention to hold the Yen ...
BOJ to consider easing after yen reached record, Nikkei says
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Fudomyo replied Oct 19, 2011Yeah... RJ is right. the gum and patches don't work. You just need to be Austrian school about it and take the pain up front, none of this Keynesian BS. I did a few things at once. I stopped drinking coffee and alcohol because there's no way I could ...
What kind of music you hear while you trade?
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Fudomyo replied Oct 18, 2011out here.. we see what's next, but it looks like NY's finished for the day.
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Fudomyo replied Oct 18, 2011No worries mate. if you prefer it, it's cool. I'd like to see your thoughts more clearly. You seem to have some very good insights on the market.
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Fudomyo replied Oct 18, 2011Yeah, I know what you mean. Gann is like the Tesla or Van Gogh of trading. He spent his entire life trying to to quantify human emotion. It was a seemingly impossible task, because human emotion is so rich, varied, and irrational that so far, it ...
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Fudomyo replied Oct 18, 2011Don't knock Gann. Not many people get their picture hung on the trading floor of the NYSE. The market respects him for a reason. What flakey people do with Gann theory is another story. Without Gann there wouldn't have been a Hurst, without Hurst, ...
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Fudomyo replied Oct 18, 2011yes and no if you understand that price needs to go somewhere, then sentiment will always fall into line behind necessity. moods are easily manipulated.
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Fudomyo replied Oct 18, 2011at the moment EU is taking the lead. The daily LTL held and we've moved up to yesterday's open. This was a very deep hunt, but right on target for the EU support test/ PB area as well. (similar little doji, black circle, but this one was the lead) ...
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Fudomyo replied Oct 18, 2011this is the downside test here. if it holds we keep going. if not...
and keep the pips, no shame. Cable Update (GBPUSD)
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Fudomyo replied Oct 18, 2011yep. this is key for reversal or rejection. already long though, if it flops, then paint me in tar and ride me backwards out of town on a donkey. EU 37421 has to go, or forget about it.
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Fudomyo replied Oct 18, 2011More screens are always better, but it's like a vacuum. as soon as you get more real estate you find ways to fill it. In my trading room, I watch 8 screens and still have stuff piled up in the background. on the same note, I trade on a 17" laptop ...
Cable Update (GBPUSD)