RedRout's Profile | Forex Factory
 RedRout
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  • Status:
  • Trader
  • Last Online:
  • Mar 1, 2024
  • Using Local Time:
  • 12:29am (6 hr ahead of you)
  • Joined Forex Factory:
  • Feb 2022
Posts (16)
Input by RedRout
About
  • Real Name:
  • Ian Douglas-Stewart
  • Trading From:
  • Manchester, United Kingdom
  • Age:
  • 64 years old
  • Occupation:
  • Retired
  • Trading Involvement:
  • Full-Time Trader
  • Trading Since:
  • March 2013
  • Trading Style(s):
  • Technical Analyst
  • Trading Philosophy:
  • Buy into Fear...Sell into Greed!
  • Markets Traded:
  • Forex
  • Coding Proficiency:
  • Other
  • Favorite Trading Book:
  • The Zurich Axioms, by Max Gunther (Amazon)
  • Favorite Trading Quote:
  • "You know it's Cold outside...when you go outside, and find, it's COLD!" — Captain Sensible
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Apr 29, 2024
 T721
New Cable Thread & Other Pairs
Aug 23, 2023
 RedRout
Furthermore, we are touching the bottom of a descending channel, for the Fourth Time!
Can be appreciated on the Hrly, 4Hrly and Daily Chart.
The Top of the Channel, lies currently @1.099.
But what if this proved to be a 'Bull' Flag?
We could easily explode UP, to the 1.12 Area, in the remainder of the month?
There's an Average Pip Range, Satified, for the Mth!
Finally, I don't think the News, was all that bad, for the Euro!
Apart from German Services PMI looking Grim, I felt the news was Mixed!
Aug 23, 2023
 RedRout
Interesting chat today! Here's a bit more for the Confluential Cabinet pedro319 & Mitiblotch...Mthly Ema20 1.07857, Wkly Ema50 1.07833, Daily Ema200 1.08012, Daily Sma200 1.07937...
PIP Ranges, last Ten Augusts - 468/237/271/287/432/408/320/865/252/86...
An Average of 363Pips, but 4Mths Comparable with the current range, so price could, just as easily, head North now!