Watch DJI. It has just closed a gap up. Moving to test 8500 strong resistance down.

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[quote=psiholog;2415706]i see what you mean.. Exactly. As I see it now, the middle channel (at present 1.3400-1.3300) is in fact a sideways. Thanks.

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Trying to learn from you. I did a similar analysis from what I have learned from you about the channels. We may also draw three channels, upper wall of middle channel is around 1.3400 and its lower wall is around 1.3200. At present we are somewhere ...

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Price Action - the most important term and element to learn in trading.

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Thanks for the link. After watching pa for few years, I finally had to agree with our gurus that, though there are frequent profits in scalping, but there is nothing like big swings. Though I do want to scalp, but risk does not match rewards - or ...

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Not exactly. What I do is wait until pa get near to 1.3500 or just above this point. Once it hits 1.3500 or above, I open a short entry order just below the last resistance it crosses (1.3450 or 1.3400). On it way down (retrace), it will cross this ...

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There is news, again a new news, yet again a newer news ....... . Honestly, I have no crytal ball either, no one does. But I only look for retraces after a big break and therefore expect a retrace after watching pa move from below 1.2950 to just ...

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Thanks. I will try to find Wall Street Journal in this remote part of Africa - in addition to investigating a petty fraud allegation against a local person.

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One may keep on printing money. But, I am interested as a fraud investigator by profession.

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Give us a weblink before you shut your computer down.

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What do you expect? Please don't wait forever.

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Good luck, all the best. I have slightly modified locking system, term this AHR (Anti-Hedge-Retrace), I place entry orders in opposite direction when pa crosses a resistence. On its way in reverse direction, it executes my orders, also bringing my ...

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Motherless Child — Not sure about the futures, but GCI has bund trading. However, they do not accept clients from USA and UK. On other note, feeling like motherless child .... because one of my two gurus (Psiholiog) is not here eversince his ...

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Remove the word "today" from your question and try again. hehehe.

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I really appreciate your comments and respect your opinion which is very right. Just to elaborate a little, I do agree with you that it depends on the data feed we receive. I studdied Pa for several years (2002-through 2008) and noted a strange ...

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Will follow the same direction. However, DJI is gonna go nowhere in near future ... it will remain at Wall Street .... So the question is where Wall Street is heading? ... may be against the Wall? My four cents. Lousy connection from remote part of ...

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Goodby for now — It is about time for me to packup and spend few weeks in some remote parts of the world to see how we can share blessings with less fortunate ones among us - whether with money, time or knowlege. See you in few weeks.

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May be there is another downward channel in making. Ps. Sorry! I tried to attach a chart, but don't know what happend to it. It was first time I tried to attch a chart.

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Good morning. How are the things?

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Food for thought. Psi should add word Lovely to the suggested definition!

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