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Damn, BP....your analysis is spot on! It just missed my projection, but I know it's going to hit yours!!! Your correct reading and analysis with CONVICTION tells me you're a good trader! Awesome!
I'm just envious of the baby in your avatar. ...just kidding.
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
Trading: Emini ES, Emini RTY (TF), Crude CL, Eurex DAX, Euronext CAC40, EuroFX 6E, and Hang Seng HSI
Posts: 47 since Mar 2011
Thanks Given: 125
Thanks Received: 61
Hi babypowder,
The EuroFX 6E futures dropped to near your lower trendline and reached 1.3811 on July 12th and has been retracing upwards to the upper trendline (now a little above it) of your chart. I'm just curious what you want to see EuroFX 6E futures do now that it's returned to the upper trendline area.
Hey wrbtrader,
Sorry for the late reply, new computer setup.
6E-1440 min chart, 6E - babypowder's library. We see a 2 bar reversal pattern bounce off the major trendline that was broken. It also formed a lower high enforcing a continued move down.
...just kidding.
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
