Re: dx *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

Re: dx *PIC*

In Response To: Re: dx *PIC* ()

Below we have the same 4hrs DX chart posted few days back. Notice that the price came near 82.043 but turned back down towards 81.465. If the price was to move down to or below 81.025, I will be looking for a small bounce to occur but will turn down again and this time will be to target the supports at 79.99 and 78.665. If the price was to move above 82.043 without touching 81.465 first, then it will void the downside objectives and 83.111 will be the outside objective.

I think that we will know within the next 24 trading hours.

The market has the last word and in due time will show us the way, as always......

“Only as high as I reach can I grow, only as far as I seek can I go, only as deep as I look can I see, only as much as I dream can I be.” .-Anon.