CME Euro FX Futures 6E


  • 5
  • koolblue
  • 28-Jan-2011 at 8:47 AM
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Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
Click image for original size
1116
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  • redsixspeed
  • 4-May-2011 at 8:41 AM
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Originally posted by redsixspeed

one min. bar showing accumulation

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distribution *
  • 0
  • redsixspeed
  • 4-May-2011 at 9:06 AM
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1.4874 holding as support so far .. see how it plays out
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  • redsixspeed
  • 4-May-2011 at 9:56 AM
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nearly as much volume already today as it was all day yesterday
  • 0
  • redsixspeed
  • 4-May-2011 at 12:39 PM
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MAN !! .. "they" turned the volume up a tick or two in order to bust that 1.4874 area .. look at that volume now ..
.. volume started increasing this early a.m.
  • 2
  • Lorn
  • 4-May-2011 at 1:24 PM
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Yea volume is big today. Tomorrows announcement coupled with potential topping??


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eurovwap05042011
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  • redsixspeed
  • 4-May-2011 at 1:56 PM
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If 6e gets a daily close above 1.4874 ..that is bullish imo ..
have to see how that would play out ..
  • 0
  • Lorn
  • 4-May-2011 at 2:10 PM
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So are you suggesting a close under it is bearish?


Originally posted by redsixspeed

If 6e gets a daily close above 1.4874 ..that is bullish imo ..
have to see how that would play out ..
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  • redsixspeed
  • 4-May-2011 at 2:22 PM
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it takes longer to make a top .. so a close under could mean sideways or even false breakouts .. "they" blasted that area good today ..
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  • Lorn
  • 4-May-2011 at 2:34 PM
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Yea I agree and the only reason I asked is at this point, in my view, one should be looking for numbers for prices to close under to broadcast bearishness because right now the bullish play doesn't need to be verified...

Cheers

Originally posted by redsixspeed

it takes longer to make a top .. so a close under could mean sideways or even false breakouts .. "they" blasted that area good today ..
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  • redsixspeed
  • 4-May-2011 at 3:23 PM
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My risk tolerance is very low .. so the market has to prove to me every day if it is bent toward the bear side or bull .. for me it's all in the volume and the close ..
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  • redsixspeed
  • 5-Apr-2013 at 11:17 AM
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At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight
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