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- moonchild replied Dec 9, 2010
There is a nice double top so now we can look to the downside again and let this movement finish the way it should have already.
- moonchild replied Oct 31, 2010
My 4H is looking very much like a short to be. I can see possibly 4015 before a drop, but I just do not see a much upside potential.
- moonchild replied Oct 15, 2010
This has a good start toward making a head and shoulders on the 15M chart. Then rejection at 4100 would turn into reversal and then we get the retracement that many of us are waiting for.
- moonchild replied Oct 11, 2010
There is a possibility of a move up above 1.4 followed by a drop. I will wait for the move up and then enjoy the trip down.
- moonchild replied Oct 4, 2010
I cannot see any technical or fundamental reason to expect this pair to go down to its historical low. While that would make a very nice entry, I just cannot convince myself that it is going to happen, not with any good degree of probability. On the ...
- moonchild replied Oct 1, 2010
I find it difficult to even consider a short any time soon in the face of that rather large pin for the last hour.
- moonchild replied Sep 21, 2010
This seems to me to be a credible channel. Therefore looking for a short entry. Right now sitting down by the 200ema. The thing that does bother me is FOMC, but it is it bad news for the US then I would expect it to weaken the other currencies and ...
- moonchild replied Sep 8, 2010
Large bounce? — My descending trendline has not been violated so I am thinking that this is a very big bounce or stop clearing or opportunity to get a better entry for shorts.
- moonchild replied Aug 28, 2010
Possible AU long — Ths is just a different way of looking at the problem. There is a clear break of the recent trendline and there are 2 obvious targets, .9075-8 and if it gets past that resistance then the next target would be .9221. The ...
- moonchild replied Aug 26, 2010
Spike on all yen pairs — I use Instaforex and there was a very large spike on all the yen pairs.
- moonchild replied Aug 26, 2010
Possible short — Yes Cod, I think that the bulls stampeded and are not to be found for a bit. This pair is having lower highs, and respecting a descending trendline. It is currently at a support 107.34 and should make for a nice short with TP ...
- moonchild replied Aug 26, 2010
In recent action, the only thing I see that is bullish are 3 wicks but they were not followed by any rise in price. They were followed by a bearish wick and the price promptly fell. This could just be pre-news action and could reverse after the ...
- moonchild replied Aug 25, 2010
Loonie channel — I have been using this channel to scalp this afternoon. This is an incredibly slow day with very little purposeful movement. The next support is at 1.0586 and will probably prove to be fairly weak.
- moonchild replied Aug 25, 2010
Loonie channel — This afternoon is one of those times when watching paint dry can be considered exciting. There are not a lot of good trading choices but there is a nice channel on the loonie which is suitable for 12-15 pips each time. Not ...
- moonchild replied Mar 29, 2007
AUD/USD short — Looks good on the 30M chart and the 1H and 4H charts look as though they are turning down also.
- moonchild replied Mar 28, 2007
I am short from 1.9568 on the basis of this being the low of the bar prior to yesterday's IB.
- moonchild replied Mar 27, 2007
Kiwi short — Nice looking charts in the higher time frames. Overall they show DOWN. This pair is way too high right now. The NZ economy is very weak and there is no real reason other than the carry trade for this pair to be as high as it is. ...
- moonchild replied Mar 27, 2007
GBP/JPY short — Looks good on all time frames. The prettiest is the 30M, but all charts through the 4H look to some extent good. Should be a very nice trade.
- moonchild replied Mar 27, 2007
I currently have a demo trade short at 232.35, SL 233.05, TP1 at 231.50 TP2 at 230.50. After that just follow it down. This is at least partly based on the nice pin bar on 1H chart as well as the look of the stochastics and the possible ongoing ...
- moonchild replied Mar 26, 2007
I do not see anything great right now. The best I see is the AUD/NZD short on the 4H chart, and the 1H is not bad. At least this trade is in the direction of the current trend. I would prefer the 20 and 50 to have a steeper downward slope, but as I ...