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- Bag Lady replied May 23, 2008
Very insipid reaction to news, 1.9800 is a tough barrier to break and has created a horizontal 'pivot' area in the recent weeks, being roughly midway between the famous 2.0000 and 1.9622 areas. Price may be waiting for the 21ema to give more support ...
- Bag Lady replied May 23, 2008
Absolutely agree!! — I agree 100% with you Willem, Phillip really is the most dedicated, hard-working person I've ever 'met', closely followed by yourself! We all owe huge amounts to both of you, so thank you too. GBP/USD is in a very ...
- Bag Lady replied May 6, 2008
EU — My entry was slightly different, my chart is GMT +1. I thought the inverse head & shoulders & bullish divergence noted yesterday was working out, as well as 365 support. Heavy S/R level in region of 1.5535, so put in an order to buy at ...
- Bag Lady replied May 5, 2008
EU — Just thought I'd quickly post my take on EU. If you look at the daily (first chart) you'll see a support line around 1.5338, and price has bounced up off there with a sort of a pin. This is developing into what may possibly be an inverse ...
- Bag Lady replied Apr 17, 2008
Sorry — Don't mean to take over your thread Willem... ... but here's another quick chart, sorry! It's a trade I did on GU this morning. I bought the retrace from 1.9787 and closed at R1 (1.9812) 10 mins later. I also saw bearish divergence ...
- Bag Lady replied Apr 17, 2008
Hi Fernie — My chart is GMT+1 for some reason, even though I'm in the UK, must be something to do with it being British Summer Time (not out my window it's not though!!!!!) Anyway, is this where you entered - the white dashed vertical line? If ...
- Bag Lady replied Apr 17, 2008
Chart analysis — Once the descending triangle had broken upwards, it retraced quickly back to the break point. It then looked like a possible bullish 3 pattern emerging so I prepared for possible entry - see first chart below. But then I ...
- Bag Lady replied Apr 17, 2008
EUR/USD — Nice one bshadroo, my chart looked slightly different and the sma angle indicator was still in the no-trade zone so I let it go. Then I saw a descending triangle and missed the next one out too!! (the chart below shows the descending ...
- Bag Lady replied Apr 10, 2008
EUR interest rate news release — This was quite different to the GBP reaction. You can see from the first chart that there was a fair degree of volatility prior to the news release at 12:45 GMT. I guess this was a ripple effect from the GBP ...
- Bag Lady replied Apr 10, 2008
Hello, me again!! (get your dictionary ready bshadroo, ha ha!!!) — I'm up to page 109 of the thread and, 15 mins before the GBP interest rate release, I found a lot of useful posts about 1 min news trades!! Obviously I wouldn't attempt to live ...
- Bag Lady replied Apr 9, 2008
Well done Xaron! — I thought I'd share my losing trade with you all just to show you how not to do it!!! I take full responsibility for my loss, it was a ridiculous trade based on emotion and broke just about every rule in the book!! But, I'm ...
- Bag Lady replied Apr 4, 2008
Here it is!!! — Sorry, had to quickly make another one!! The dashed vertical line shows the corresponding MACD, sma with 21ema, and chart signals. This could have been the potential entry, (without the benefit of the following candles of ...
- Bag Lady replied Apr 4, 2008
GBP/USD — Hi Everyone, I am also not trading today because of NFP, but will be using my time for chart history study time. I've noticed GBP daily has a sort of 'nesting doll' scenario developing, it will be interesting to see how it completes ...
- Bag Lady replied Mar 13, 2008
Hello Everyone, been busy in my other life. We're at an interesting point just now in U/J and G/U. U/J is at the strong psychological barrier of 100.00. Will it smash down or bounce off again? We're going to find out very soon I think! G/u is at the ...
- Bag Lady replied Mar 4, 2008
Hello Pipsquek, Welcome to the thread. I agree with the ideas behind your trade and wish you well with it. I do have some reservations, however. It looks like the E/G is caught in a triangle and could break out to either side. The high on the daily ...
- Bag Lady replied Mar 3, 2008
Yes, EU and GU have been dancing hard and need a bit of a rest now! Brettboz managed his trade so got to take advantage of the spike on its way up, but I never liked the look of the bearish divergence and held off. I don't do CT trades, but if I did ...
- Bag Lady replied Mar 3, 2008
[quote=Bag Lady;1856550]Hi Palmer, Can't believe you do all this, update the website, and work, and dodge tornadoes!! You must be Superman! :surprised +500 pips in the bag in one week, Palmer you truly are a superhero! Guess the baby'll ...
- Bag Lady replied Feb 20, 2008
E/U — Sorry, it seemed to crash while uploading, but when I previewed my post it was there? I'll try again - looks like the bearish divergence was still to come after all! So the 200 sma died under the weight of the bears, but that's the ...
- Bag Lady replied Feb 20, 2008
Hi Everyone, good morning / afternoon / evening (whatever is appropriate!), I'm waiting for TC on the E/U. There is bearish divergence on the MACD, but this may have been resolved by the re-test of the 200sma. On the other hand it might not. I have ...
- Bag Lady replied Feb 19, 2008
Yeah, agree with you about the tails, that's why I'm already BE and keeping an eye on lower tf's at same time as 4hr. The 1 hr looked too good to pass up, and it's TC, so...nothing ventured, nothing gained! Good luck with your trades guys, let's get ...