0902 Took myself out again at 107 15. A rather large spike occurred on the 1 min, so out for further investigation at the moment. Can't do anything about large back and forth spikes. Best to get out and evaluate.
0906 CST I was attempting to write that I believe the low is in. Price is moving too fast. Very important work is being done right this moment in establishing levels.
By the way, I'm not talking about my work. I'm talking about whatever or whomever you happen to believe is behind market moves. If you believe it is Mr. Joe Average, or if you believe it is Mr. Big Shot, or even if you believe it is the President's Working Group, it doesn't matter. Important work is being done right now, and I gave you the clue earlier today.
I'm looking at my economic calendar and I have nothing for the 0900 CST time frame. Surdo, are you there? Any idea about this spike? I only managed to get 2 ticks on the path from 107 20 to 107 25. I did better on my ZN scalp. My new best friend indicator told me that the boys were getting tired all the way up. I think I'd better shut up now before anyone catches on.
I am a seller on rallies. Don't give away any more secrets. el surdo PS: That volatility was Helicopter Ben throwing $100's out of his window. http://www.forexfactory.com/index.php?page=calendar http://online.barrons.com/public/page/barrons_econoday.html
Surdo, Thanks! You know I had that listed on my calendar, but I guess my eyes must have glazed over. This market will grasp at anything.
0936 CST Delayed post. Long at 107 22 during brief consolidation between 0915 and 0924. Looking for a break of weekly highs which should take us to 108 05. Let's do this one right!