"With light volume we can do this every day."
Creditcane™: No matter how much you try to make the 2H better it won't work.
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held the 38.2% minor retrace (1372.42). New high on daily 3LB (reversal is 1357.98). QE2infinity.
Bearish short day. Midpoint below EMA(10). Tested and held the 38.2% minor retrace (81.70). Still failing SMA(21). No daily 3LB changes (reversal is 82.81).
Doji day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 17.24).
Bullish long day. Midpoint above EMA(10). Tested and held its 61.8% retrace (1600.40). Tested and held SMA(55). No daily 3LB changes (reversal is 1634.20). Must have the precious.
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (1.2710). No daily 3LB changes (reversal is 1.2436).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (38.86). New high on daily 3LB (reversal is 39.08).
Bullish long day. Tested and held SMA(21). Midpoint below EMA(10). Holding above its 0.0% retrace (14.71). No daily 3LB changes (reversal is 17.65).
Bullish long day. Holding above SMA(21). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (86.56). New high on dally 3LB (reversal is 78.20).
Bullish long day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 100.0% retrace (26.66). Daily 3LB reversal up (reversal is 26.29).
Bullish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and held its 61.8% retrace (46.14). New high on daily 3LB (reversal is 45.41).
Bullish short day. Tested and failed SMA(233). Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7651).
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 61.8% minor retrace (3.430). New high on daily 3LB (reversal is 3.305).
Bullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (592.47). New high on daily 3LB (reversal is 569.05).
Bullish long day. Midpoint above EMA(10). Holding above SMA(55). Holding above its 61.8% minor retrace (283.95). New high on daily 3LB (reversal is 275.20).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
Some grilling music:
13 comments:
One of the reasons Poker Online should be legalized....
http://www.businessinsider.com/david-einhorn-wsop-winnings-2012-7
It's not a game of chance or luck. It's a skill game. The very best player I personally know is also the best trader I personally know.
I'm not surprised at all that David Einhorn can do that well against some stout professionals..
Here's a nice anecdotal tale...
The new coach at Arkansas is going to have to declare bankruptcy...due to land deals gone wrong:
http://sportsillustrated.cnn.com/2012/football/ncaa/07/04/arkansas-john-l-smith-bankruptcy.ap/index.html?sct=hp_t2_a4&eref=sihp
The money quote from John L. Smith:
"It was a situation where we all made a little and said, `Well, that's good. Let's see if we can make a little more,"' he said. "At that point, the bank was willing to give away money. We got in over our head with land, and then the bubble burst and all this land value dropped and we couldn't sustain it."
To that i have to say: "Stay liquid my friends."
12PM CST
EURCHF 1.1927
DXY 82.12
10yr Note 133.875 (+0.18%)
WTI 87.05 (-0.70%)
Now back to the grill.
May the 4th be with you!
BOE interest rate 0.5% no change
BoE APF 375B (up from 325B)
EMU interest rate 0.75% (down from 1.00%)
China cuts RRR
Futures lower. Half life now measured in minutes.
Of course ADP then decides to beat with 176k (prior 133k).
10yr yield struggling to hold 1.600% and EURUSD struggling to stay above 1.2400.
Spain sold 10yr bonds at a 6.62% yield. It's almost back to 7.00% in just a few days.
EURCHF currently is 1.2004 but it had an overnight low of 1.1794. Tell me the SNB isn't screaming bloody murder right about now.
Nice site to catch all of the worlds economic indicators as they happen: http://www.fxstreet.com/fundamental/economic-calendar/
My bad. Spain 10yr auction at 6.43% but is now 20bps higher at 6.62%.
All of EURUSD gains post EU Summit are gone. Spain & Italy 10yr yields are back to pre Summit highs.
I'm still going. New thread up.
Post a Comment