waiting — After carefully studying EURUSD and USDCHF, I think we are going down on GBPUSD because EU is directly against the upper channel, USDCHF against lower channel and GU against strong Resistance and Fibo level 50.0. I await confirmation ...

observation — Ain't we supposed to be mindful of 1.4568? Fib level and Resistance 1 level too. It was a strong resistance level yesterday so any long trade I am doing now will only be short scalps until I see a breakout of the level. I don't ...

I think it's gonna go back up. will wait until Europe open.

Nice — I missed the last upward move on GU from the chart below after a period of say 25-30mins in a Descending Triangle. The price broke the up limit and rallied about 140 pips. Not really sobbed about the loss cos have made even more today ...

Looks like we are going back to see 1.4710 about 300 pips away.

Chris never mind. I actually got you wrong. I never saw you were commenting on napster comment about the upside I thought you were saying it was an uptrend. I just read it now and say you were passing comment for napster that his chart is upside ...

You must be on anything between 5M - 1H. Is your 4H upside? At the time of posting of those charts 1H was going down likewise other pairs and it will even continue to plunge down. Forex is volatile and it might be here this second and elsewhere in ...

I am not going to be shorting anytime soon because there is a channel to break and at the same time a resistance. In Forex there is never any impossible which means it might break both barriers completely but I would wait until then. I only trade in ...

Nice job but your 3rd sell trade is almost same as your support level. Don't you think it should be below the support? I thought so because price has 2 options around support/resistance either to break or bounce off. If a trade is now entered just ...

No problems. It does not mean you are selfish or anything. I understand your perception about spreading it when you are not the creator. Cheers....

Nice one you got there. Can you please post the self correcting fib scale or is it FYEO?

Our 5M is going down now. Although not with srong momentum. Let's see where this leads us. Guess queen is asleep already.

@ Magix, based on previous comment by nAVIN hope you were not think I was critising your trade? I am not and never will critise any one. This is just a discussion forum and I just said what I said based on what I see here. If 1 million of us sit ...

Very possible but currently the mrket is stalk and I think any movement in either direction will be strong.

I think you T/P is too far off because a barrier is at 1.4913. Just an observation.

Absolutely correct. It's a buy - buy day all the while although have made 46 pips shorting. All HT confirms long and I think we are still going to go long. I have not seen anything breaking the channel down.

Are we going to break 1.4913? I think we are bouncing off it. 1.4913 has been tested several times and 1.4980 fewer times. I think the 1.4980 will be broken upward but I am still keeping my fingers crossed cos it is Forex and anything can happen. ...

1.4980 is posing strong but her Jericho walls will be broken.... Do you believe the queen would do that? I am trading between 1.4980 and 1.4913 only now. These are 2 strong barriers. I will not contemplate anything outside the region unless I see a ...

I would not mind seeing even 1.5 today. The US economy is in shabble because of unapproved stimulus package and last week NFP which reveals housing and high rate of unemployment. The UK economy is not also vibrant else a strong positive speculation ...

Queen is yet undecided. I think we might see a big rally upward should the price break through 1.4913 and 1.4980.