New lows ahead... 1.31 first support.

Currency Forensics - Euro - Part Deux
Started by
SemiBizz
, Apr 22 2010 10:17 AM
7 replies to this topic
#1
Posted 22 April 2010 - 10:17 AM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
Posted 22 April 2010 - 10:21 AM
I am looking for 1.27... but stops are on there could a new rescue package out anytime
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#3
Posted 22 April 2010 - 10:31 AM
EUR$ 500 hour chart...
BREAKS LOWS ON VOLUME
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Posted 22 April 2010 - 11:24 AM
EUR$ 500 hour chart...
BREAKS LOWS ON VOLUME
Hey Coach, based on your volume analysis, would the March 2009 bottom need to be retested, ever? Just curious about your macro outlook on the equities.
Many Thanks
Sean
#5
Posted 22 April 2010 - 11:33 AM
EUR$ 500 hour chart...
BREAKS LOWS ON VOLUME
Hey Coach, based on your volume analysis, would the March 2009 bottom need to be retested, ever? Just curious about your macro outlook on the equities.
Many Thanks
Sean
That question isn't really relevant in this timeframe, and it does depend a lot on what happens on any sustained downtrend...
Right here we're focused on the Lehman Bros Crash breakdown candle highs...

Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
Posted 22 April 2010 - 11:56 AM
The relevant question in this timeframe is...
Will we or will we not test 1265?

Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#7
Posted 22 April 2010 - 01:50 PM
Well... here's just how closely this interconnects...
R 1 on the EUR$ Hourly this morning 1.3315, we approached that level at 1PM and broke it to the upside...
Look what happened in the equity market at 1PM...
http://bigcharts.mar...&mocktick=1.gif
R 1 on the EUR$ Hourly this morning 1.3315, we approached that level at 1PM and broke it to the upside...
Look what happened in the equity market at 1PM...
http://bigcharts.mar...&mocktick=1.gif
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
Posted 22 April 2010 - 08:50 PM
Cascading series of volume off the top declines...
This looks serious.
(10 Min X 500 Period)
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics