Price sandwiched between my 30m 100SMA, and 200TSMA, the latter indicating a cap. I don't see either of these seriously broken am, but think NY will take it higher, though breaking above R2 ( 13,132 ) is going to be a tough ask. Worth trying a long ...

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any open shorts may well struggle to get below 13,005. I'm long biased today despite fomc, and have a target of 13,068.

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Static atm - longs not much chance of gaining 10-15 pips, and too early to short. Time for breakfast.

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I think that's the top for the day. If your still in, hope I'm talking nonsense.

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oooh!! I thought you hated that term?

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Have a good one!

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Other indicators were involved, but support on the 50% fib retracement level, and with MACD rising up from below 0, gave this little trade an edge, for what, 10 pips, but with a very small SL, better than a poke in the eye with a sharp stick, and, ...

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stick a 50 Time series and a 30 time series MA onto a 1 min chart, and where they come together is where your entry should have been for a few pips

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I was rootin for ye!

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Very good point!

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Price has found support, for now, on H4 200EMA, which looks like it could hold, but the Daily shows that we could well see 1.2880 today or lower, and with the Daily Stochastic rolling off of overbought, this cannot be ignored. but big news day of ...

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Just come in, can anyone tell me why the Dow rallied so sharply?

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We all, apparently, have a long/short bias. It depends which way our eyes are set, which means for some of us shorting is on an upside down chart which is more of a challenge, and vice versa.

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Either way you're fockered, looks like it could fall, but H1 still very bullish

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dangerous, very dangerous pa.

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I think we could definitely go down tomorrow, if not tonight, it's on technically, and added to that we have the ESM & EFSF downgrades plus the fiscal cliff talks impasse on Friday. My target for tomorrow is 12,925 - 12,900.

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Don't let it ruin your weekend pal

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I also worry a little when I'm trading in the opposite direction to Mr Doom

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So why close?

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I'm not expecting too much fro my long, don't think it's going to turbo boost today, just too much resistance around 310 zone, so I've set my TP for 305, and that'll finish the week off for me.

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