PureBytes Links
Trading Reference Links
|
Here is an updated USM2 price distribution chart this morning(delayed data)
It seems to come pretty close to the IRA's PyraPoint levels of 100-10 and
99-16. The lower value area on the MPD chart is 99-12 and high 100-11.
Value Area pivot is 99-28.
BobR
----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, April 04, 2002 3:38 PM
Subject: Re: [RT] 60min Bonds
> PyraPoint seems indicate a 10 bar cycle is in force at this time.
Inspecting
> the chart it appears that most of the reversals do occur on the 10 bar
> pattern. As highs in down trends usually happen in the first half of the
> cycle then you would expect this 2 bar rally to fail in the next hour or
two.
>
> Bonds reached their short term target of 100-10 and failed. To restart any
> higher price movement 100-03 has to be taken out. The price bars are
> currently staying within the down trend lines with the current target at
> 99-16 +/-.
>
> The daily is in a down trend and with all the upside pressure being
applied
> by stochastics and time there is very little relative movement in price.
> This does not bode well for the bonds at this time. Now that my neck is
> hanging way out there, let us see what happens. Ira.
>
> Don Ewers wrote:
>
> > Ira,
> > Would you be willing to post a pyrapoint (sp?) chart for 60min June
bonds
> > and offer up if anything what it says to you?
> > Thanks in advance.
> > don ewers
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Outsource Your Web Design & Development with Elance
Saves Time & Money
Post Your Project for FREE
http://us.click.yahoo.com/lXNj8C/U.zDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "USM2.GIF"
|