Waiting to short as soon as we break out of this channel
Just Trade It
Naked Chart Trading 122 replies
Trade Naked Candlesticks strategy 15 replies
Trading Naked - Reading Candlesticks and other Price Analysis 146 replies
Finally Naked 121 replies
Trading Naked EA 15 replies
DislikedActually the daily candle has not closed yet below the channel support (yet)
(see above chart)
But it did break below this pennant which triggered a sell order. This may be the start of the trend continuation, if it is not then I will at least take a little profit on this one. If the trend does continue then......
We've waited long enough, I would love to see this sideways trend end this week.Ignored
DislikedHere's another point of view....
The green support zone held last week with a higher low on Thursday and so far today another higher low, just under the fib 62% retrace....Thursdays low was only 52 pips lower than the low 2 weeks earlier....
Let's see what tomorrow brings, I'm seeing accumulation with a potential shampoo IF todays low holds......TWT http://www.forexfactory.com/images/icons/icon12.gifIgnored
DislikedFound support on the channel. First short take profit was hit, second short never happened. I may be bearish on the dollar now due to fears from China on U.S assets. Will wait for the charts to confirm. On the sidelines for the moment, again Next opportunity may be long cable but as of yet no good signal but I am getting a signal to go long on E.U 4hr. Let's see what Monday beholds.Ignored
DislikedBig Wave,
I also trade naked charts and it looks like next week is gonna be very very bullish for GBPUSD.
May be more than 500 to 750 pips
There are 3 perfect patterns emerging from 4H to 1 week charts
What are your opinions?Ignored
DislikedBig Wave,
I also trade naked charts and it looks like next week is gonna be very very bullish for GBPUSD.
May be more than 500 to 750 pips
There are 3 perfect patterns emerging from 4H to 1 week charts
What are your opinions?Ignored
DislikedI see these kinds of posts from time to time could you please give me an explantion or others on here what PERFECT PATTERNS you see which give you a 500 to 700 pip move.....???Ignored