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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday, 29 July 2012

Bollinger line was pierced on some markets


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4 comments:

  1. Trading Sunset29 July 2012 at 02:51

    Those sure are two fierce candles off the BASE of the bollinger bands.

    Sure, we could be due to fall again, but hell, those are the sort of giant candles you'd look for at the start of a major new move higher.

    ReplyDelete
  2. Chartrambler29 July 2012 at 10:29

    Hi PD. Yes I just posted above on the SPY and suggested Friday was either a kickoff candle or an exhaustion.Next week should be revealing

    ReplyDelete
  3. Paul Wins29 July 2012 at 13:02

    Hi
    DAX could reach his aims from 7400 / 7600. Before all after his outbreak on Friday, after-hours.

    http://papiertrading.blogspot.de/2012/07/analyse-fur-31-kalenderwoche.html

    I have there translation

    ReplyDelete
  4. Chartrambler29 July 2012 at 13:34

    Interesting blog Paul,thankyou

    ReplyDelete

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