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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

Friday, 14 September 2012

no real sell signal yet .An aggressive trade would be to short with a s/l at 7453 (10 pts above resistance)
(not a trading recommendation)


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2 comments:

  1. Souljester14 September 2012 at 16:14

    For GIB if he stops by. That little blue pattern we talked about a month ago in USDJPY. Count the touches on each of them then the breakdown....Candle setups is required to try to hit it long because its countertrend, but prettay intersting...

    Greggor--USDJPY Little Blue Line

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  2. GregInBaltimore15 September 2012 at 08:16

    Thanks for sharing that SJ! After DK found a triangle there with downside implications, I haven't watched it much. But that does look interesting. And I saw the BOJ is suspected to be considering intervention again. Courtesy of needing to undo the dollar weakness Benster printed.

    Could be a weekend event, eh?
    Thanks, I'll put it on the radar.

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