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- WTB replied Mar 30, 2008
Each triangle must be consider within its respective appropriate time frame. That means that, in my humble opinion of course, we should not draw massive triangles in the 4H chart. If we're to search for longer price pattern, we ought first to zoom ...
- WTB replied Mar 28, 2008
Interesting GBPUSD Weekly Former up-channel broken and retested from below (former support turned resistance). Also 1-2-3-4 pattern making lower swing-highs and lower swing-lows. Looks like a bearish outlook on the Weekly chart.
- WTB replied Mar 28, 2008
Seems like EURUSD might be gathering some momentum. If it breaks from the current triangular congestion to the upside the bulls will probably have a second go to the 1.5900 historical high.
- WTB replied Mar 13, 2008
NZDUSD Daily chart.
- WTB replied Mar 13, 2008
You reckon EURUSD looks good for a short? Really? hmmm...
- WTB replied Feb 27, 2008
I'd like to see a healthy pullback to cheaper levels (1.4950) before joining the longs. I wouldn't like to hop in at the top of the breakout thrust.
- What's GBP waiting for?
Boy, I have had few GBP setups on my watch list like forever, mostly waiting for them to breakout ...
- WTB replied Jan 23, 2008
The breakout of the double bottom at 204.70 will trigger new short opportunities in my opinion.
- WTB replied Dec 21, 2007
Really? what does exactly say "bullish" to you in the following picture?
- WTB replied Dec 5, 2007
Cable sitting at an interesting area in the long term charts. We shall see...
- WTB replied Dec 5, 2007
While it's true that we're uptrending in the longer time frames, I'd be very cautions to enter any long until the retracement channel on the 4H chart gives way to the upside...
- WTB replied Dec 4, 2007
Rather unclear picture on GBPUSD during the last two months worth of price action in my opinion. I see no defined bias in the mid-term scope.
- WTB replied Dec 4, 2007
In my opinion, we are at a decision-taking area on EURUSD from a T.A. point of view. Have a look at the EURUSD Daily chart below. It all depends on whether that channel bottom (1.4600) holds or not. Once again that's only from a T.A. outlook.
- WTB replied Nov 28, 2007
I disagree with this statement. MAs are not rubbish - trading in the direction of the MAs (whichever your MA setup is) will have you trading in the direction of the trend most of the times, especially if you plot few MAs together. Then simply trade ...
- WTB replied Nov 5, 2007
You reckon? what's bullish about the following chart?
- WTB replied Nov 5, 2007
Might be wise to let cable cool off a little bit...
- WTB replied Oct 18, 2007
I agree that it's more about "areas of decision taking" rather than "exact levels of reaction". Just like trendlines, horizontal level of S/R cannot be expected to work (if they are to work at all in the first place) right to the pip.
- WTB replied Oct 18, 2007
You sure you wanna short GBPJPY at this precise junction? You might want to wait for that trendline and that S/R line to give way first...
- WTB replied Oct 3, 2007
EURNZD 4H chart below. 1.8550 support in a downtrend - if it gives way I reckon some stops will be triggered plus new shorts will add up in this market, propelling price fast towards 1.8500.
- WTB replied Sep 26, 2007
So many Trading Rooms are confusing me and Im posting the same pics in wrong places. Anyway, GBPCHF 4H with a clear downtrend and a clear double bottom support at 2.3500. I will seek for shorts if that level gives way to the downside.