Saturday, October 23, 2010


20101023 Dollar 'swiss and dollar yen 4 hr charts. Latter shows multiple divergences, roll up roll up any more anchovy turtles wanting to jump on the downtrend? USDCHF is rising nicely....


15 min FCPO futures, where is it headed?

Labels: , , ,

posted by emacro @ 2:03 PM   2 comments

2 Comments:

At 11:13 AM, Blogger gt said...

cpo bull flag formation.. symm triangle on 15m.. nobody knows, but maybe retest 2990 to hold or breakdown or swing up to retest 3008 to breakup... kekkeke

 
At 9:11 AM, Blogger emacro said...

Yes, no one knows what will happen.

This is trading, you have the choice to decide buy/sell inside the triangle, buy sell on breakout, wait for breakout, then buy/sell the retracement. It all depends on the risk you want...

 

Post a Comment

<< Home


"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

fcpo.blogspot.com


From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system