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- 22 Results (21 Replies, 1 Comments)
- Moominpapa replied Oct 17, 2013
If you look at the smaller time frame charts but especially the 4 hours you will see that it bounces of the .23 Fib line 5 times, 5 TIMES!!!, in a classic rising wedge formation. i actually missed this somehow, i can't just blame being at work ...
- Moominpapa replied Oct 15, 2013
I don't see what the price has to do with technicals at the moment. its all fundamentals. The Republicans and Democrats hailed a fresh new start and compromise in the morning, cable loses 1cent. the Tea party loons force ball less boehner to put ...
- Moominpapa replied Oct 14, 2013
Interesting, traders on FF are the most long they've been in months and the net long positions of large financial institutions are the highest they've been for 6 months. It looks like the USD is failing to breach 1.60 and stay threre, there was a ...
- Moominpapa replied Sep 26, 2013
Until cable makes up its mind and hits 1.612x or 1.597x i think ill sit this one out and wait, theres just no clear direction at the moment. image
- Moominpapa replied Sep 24, 2013
They looked pretty real on my chart. I know what you mean though, market over reaction to an event that was expected but didn't happen resulting in most if not all gains disappearing as though they'd never happen in quick fashion. I think there will ...
- Moominpapa replied Sep 20, 2013
hey thanks tsar, i didn't see the extra icons at the bottom of the page
- Moominpapa replied Sep 20, 2013
Interesting that the number of longs have suddenly jumped and we've got banks saying 1.65 - 1.68 going forward. So we've got a massive rise of the pound which fell by 120 pips the following day amounting to about 110 pip rise on the back of no taper ...
- Moominpapa replied Sep 18, 2013
couldn't agree more but who first,
- Moominpapa replied Sep 18, 2013
sorry for double post, slow connection confused me
- Moominpapa replied Sep 18, 2013
The elephant in the room. if the Fed continues with easy money, then what reason does the BOE have not to. I dont expect UK to produce stellar numbers for ever, we've had about 3/4 months of that and from someone who lives in the UK i have my ...
- Moominpapa replied Sep 18, 2013
The elephant in the room. if the Fed puts of its taper, why would the BOE feel compelled to unwind its easy money policy. Unless you expect the UKs excellent numbers to continue from now on indefinitely beating the largest economies and inflation to ...
- Moominpapa replied Sep 16, 2013
I should have been clearer what charting software do you guys use thanks
- Moominpapa replied Sep 16, 2013
interesting to see euro testing 1.34 again after making 4 attempts from mid June. surely that supply zone is getting weaker and weaker and its going to break through sometime soon. If you're of the opinion that the gbp/usd and eur/usd are positively ...
- Moominpapa commented Sep 16, 2013
So there are 4 candidates. 2 Don't want the job and the other no ones ever heard of it. Hmm wonder who its going to be
- Moominpapa replied Sep 16, 2013
I don't see a reason to short yet and won't consider it until 1.5995; if it breaks out above 1.6130 (the most active supply zone) i'll have to reassess. Will consider expanding position or TP between at 1.5840 then 1.5670 then 1.5543. Don't see it ...
- Moominpapa replied Sep 13, 2013
I also don't understand all the short positions that FF's are placing, where are their bearish signals coming from.
- Moominpapa replied Sep 13, 2013
but it didn't break 1.5885, well not yet anyway. soooooo... bearish?? So i guess we wait for next week to discover whether the taper happens or not, and whether its priced in or not. The fact that everyone is still guessing whether the taper is even ...
- Moominpapa replied Sep 12, 2013
Is it time to take a short when everyone's talking long
- Moominpapa replied Sep 11, 2013
I think bbmac is spot on. i've been wanting to go long on this pair for quite some time and luckily scalped a couple successful trades. I thought yesterday was a good day to enter a short for an extended period of time, BUT as bbmac points out there ...
- Moominpapa replied Sep 9, 2013
hi tautrader just wondering how you know where stop losses are placed is there anyway for me to find out this information thanks MP