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Updated August 5, 2013
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July 2nd, 2013, 11:28 AM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
The reason each pivot is higher is not relevant to price, it is relavant to value
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
July 2nd, 2013, 11:40 AM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
July 2nd, 2013, 12:06 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Think about it like this. Value is rising, but buyers are remaining consistent with where in value they are interested.
July 2nd, 2013, 12:22 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Which is what is keeping this day trending up, while still not being a "trend day ".
Upward Rotation is the game of the day.
As a swing trader, I would be selling here.
As a daytrader, I have to go with momentum , which is not off the charts strong, but obviously up.
July 2nd, 2013, 12:37 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
I don't know where I want to be in that mix today, and am flat just watching, thinking...
Having opened out of range , but then open auctioning, and having major resistance overhead and probing above a prior proven unfair high...
July 2nd, 2013, 12:47 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
And for a new trding alternative, I have started studying flamenco guitar, something I have never played before. It is new and exciting and challenging and intoxicating.
July 2nd, 2013, 12:58 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Action pivots around the DPOC
July 2nd, 2013, 01:04 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
July 2nd, 2013, 01:08 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
July 2nd, 2013, 01:17 PM
Orlando, Florida
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011
Why are they willing to keep paying slightly more than oil is currently worth?
Because the risk about what we do not know yet is perceived to be heavier to the upside.
We trade the future, and what "could" happen scares people into buying insurance on everything from cars to homes to medical to life itself.
Last Updated on August 5, 2013