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Thursday, March 31, 2005



Guessing the mystery MA has been a fun game for some, so here's a green one for everyone to ponder over for a couple minutes. (Hint: I'm fibbing). A forex friend said it's pretty darn good on the bund, so I slapped it on my charts today for a look-see. Lo and behold, it's come into play. Here on the 3 min YM, it held 4 times before finally giving way (btw, the green line has held as support for the 3 min ER all day so far) . Aside from the general thought of support giving way if you bang it enough times, right now I'm taking a break and looking to see if there are any clues as to how the golden goose move could be differentiated from the ducks.

It has also been near a camarilla L3 level today, so that held as a scalpable support area in the morning. I played it a couple times. Damn too wicky overall, though, for my liking and certainly not as hospitable as the previous days. bline's just been floating in the middle like a dead fish, as has the 34. Perhaps a bit of last minute end of the quarter primping and pooping happening as everyone settles into comfortable seats for the next jump ball.


3 Comments:

At 4:16 PM, Blogger rburns said...

Ok i give up. What is the ma? RBurns

 
At 5:57 PM, Blogger Fearless said...

It's the 144 ema, Red.

 
At 6:08 PM, Blogger rburns said...

ty

 

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