Reversal
Started by
denleo
, Mar 14 2007 03:05 PM
4 replies to this topic
#1
denleo
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- Chartist
- 3,097 posts
Member
Posted 14 March 2007 - 03:05 PM
Strong volume
NASDAQ is leading
Volatility was killed
Classic reversal pattern
Low was right between last Mondays low and 200-day MA
Closed at the high of the day.
What am I missing?
#2
S.I.M.O.N.
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- Traders-Talk User
- 802 posts
SIMONForecast
Posted 14 March 2007 - 03:10 PM
How do mean? vix,vxn?Volatility was killed
*previously known as pnfwave
#3
Tokyo
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- Traders-Talk User
- 282 posts
Member
Posted 14 March 2007 - 03:11 PM
Strong volume
NASDAQ is leading
Volatility was killed
Classic reversal pattern
Low was right between last Mondays low and 200-day MA
Closed at the high of the day.
What am I missing?
If this recovery is the real and this market is based on the ''Yen carry trade'', then watch $/yen 117.20 level.
if 117.20 is taken and IF this market is based on Yen carry, US indices have to go higher together with USD/Yen.
the current $/yen level 117.04/07
#4
.Blizzard
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- Traders-Talk User
- 1,208 posts
Member
Posted 14 March 2007 - 03:11 PM
You missed.... that is one day wonder 
#5
dcengr
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- Traders-Talk User
- 13,391 posts
Member
Posted 14 March 2007 - 03:11 PM
Strong volume
NASDAQ is leading
Volatility was killed
Classic reversal pattern
Low was right between last Mondays low and 200-day MA
Closed at the high of the day.
What am I missing?
A long position?
Qui custodiet ipsos custodes?
