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8683 Posts Total by "daveo":
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DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
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DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 23:44
In Thread: EUR
Ambrose finally flips:-
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10512188/Britains-negotiating-hand-in-Europe-has-never-been-as-strong-before.html
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 23:13
In Thread: EUR
when you hear traders getting up tight and frustrated with certain types of price action you know they have no clue how the auction process works.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 23:10
In Thread: EUR
In reply to Qingyu's post
you should study market profile--auction market process theory-- Steidlemeyer produced the first study for the cbot (1996 edition) but better books available since.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 20:46
In Thread: EUR
Its what's known as an 8% true trend day in market profile terms. There are 8 different day types.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 20:45
In Thread: EUR
last 20 mins of NY session is book squaring---often expect to see some retracement but today remains impulsive down on -2200 breadth
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 19:43
In Thread: EUR
In reply to Qingyu's post
yep all geared to his lagging MA's :-) We have different understanding of "breadth". I still expect a santa rally, albeit starting rather later than might have been expected.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 19:09
In Thread: EUR
FTSE now in its 3:3:5 down and testing trend line support. Dow, SPX, Dax nice counts playing out. NYSE breadth been to -2100 today and bid ask delta real neg. This kinda trading me likes.
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 18:34
In Thread: EUR
In reply to DaveO's post
and then whoosh up we go again
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 18:20
In Thread: EUR
In reply to Qingyu's post
yep did 5 up from the low, 50% ret c.95
DaveO
N.Cornwall, UK
Posts: 5733
10 years ago
Dec 11, 2013 16:42
In Thread: EUR
In reply to Qingyu's post
Obama pics hilarious, papers are full of em. I have a feeling this second term president is gonna like travelling abroad, that is without the first lady :-)
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