The Commodity Trading Forum
is a presentation of 		Free
Commodity Chart Service
Commodity Menu
My Charts Menu
Intraday Quotes
Stock Market Data		 News for Traders
Weather Maps
Commodity Brokers
Premium Resources		 Learning Center
Short Course
Glossary
Trader's Books		 Trader's Forum
Live Chat

TFC Home		 F.A.Q.
Suggestion Box
Advertising Info.

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum

Re: buy signal for metals, Euro--sell Dollar/Ronbo *PIC*

Posted By: Trades
Date: Tuesday, 23 June 2009, at 7:29 p.m.

In Response To: buy signal for metals, Euro--sell Dollar (Ronbo)

How's it going Ronbo? EC is going to have to do more than bounce off its 137 support level for a day or so to get me bullish. And DX is going to have to breakdown from here a lot more to suggest its 3wk bounce of 38.2% with weak technicals were all it was going to rally. The seasonals are very bearish for DX and very bullish for EC and GC from mid June to mid July so you do have that going for you. I'm just waiting for proof either way with a breakout of a couple of markets to jump on with all fours or like a cat on a mouse. I sure missed a great trade on the Bond ETF TLT at major support with a postitive divergence at 87.50. Really pisses me off but I was in a short term trade at the time and couldn't get on it and hate to chase. It's right on its downtrendline now and I'll wait for a breakout to get long. The last several years has seen a low in bonds in June with a big rally after. But it's hard to be patient all the time. But I am not trying to be right. I just want to make some money and will trade things wherever they want to go but do tend to be far too fussy. Hard to get over that trait. Up every morning before 6am Pacific waiting at the mouse hole. No mouse yet,lol.

If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.

Password:

Messages In This Thread

 

Post Response
Your Name:
E-Mail Address:
Subject:
Message:

If you'd like to include a link to another page with your message,
please provide both the URL address and the title of the page:

Optional Link URL:
Optional Link Title:

If you'd like to have the option of deleting your post later,
please provide a password (CASE SENSITIVE!):

Password:
Save Password: Yes No
 

 

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum is maintained by Mike Ritchie with WebBBS 5.00.

To report abuse of this Forum, please send email to: admin1@tradingcharts.com