Head&Shoulders on USD/JPY 4HR/Daily - neckline has been broken. Check it out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #176,802
- May 13, 2009 1:20am May 13, 2009 1:20am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #176,804
- May 13, 2009 1:25am May 13, 2009 1:25am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- daily is uptrend as long as monthly 61.8% holds as support
- 4 hour is downtrend as long as 148.07 holds as resistance
- 1 hour is uptrend as long as malcolmb does not go mad.
i think i must wait and watch, no trade for me till london open, we are currently in 4 hour low volume phase, anything can happen here.
- if monthly 61.8% breaks, followed by april close, then
- this thread will be suddenly taken over by bears, cause of a strong daily trend
- #176,805
- May 13, 2009 1:28am May 13, 2009 1:28am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #176,807
- Edited 2:10am May 13, 2009 1:47am | Edited 2:10am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
G!Mornin all...a little observation
for the 1st time checking at my volume bear's seems to have taken over this region we are in now 147.66(daily pivot) and if our daily pivot become our new maximum,then we headed for more deep.bears seem to have both magnitude and direction here,so for every toch of the daily pivot am shorting her down..10pips locked in..just my take,but i think we see 145-143 2day...
for the 1st time checking at my volume bear's seems to have taken over this region we are in now 147.66(daily pivot) and if our daily pivot become our new maximum,then we headed for more deep.bears seem to have both magnitude and direction here,so for every toch of the daily pivot am shorting her down..10pips locked in..just my take,but i think we see 145-143 2day...
Imanuel Parsifal
- #176,808
- May 13, 2009 1:58am May 13, 2009 1:58am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
Don't forget oil.. might be breaking psycho level of 60 this session.
Imanuel Parsifal
- #176,814
- May 13, 2009 2:12am May 13, 2009 2:12am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
with bears in charge of the daily pivot,right at the open of london session,down side smells a lot here...just my 2cent...trade what forexlion say's..lol...
Imanuel Parsifal
- #176,816
- May 13, 2009 2:31am May 13, 2009 2:31am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Sellin mode is now.
It is Strong
Will try to catch her back @ 146.90....for short if I can...
Still away atm...good luck to you...
- #176,817
- May 13, 2009 2:34am May 13, 2009 2:34am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #176,818
- May 13, 2009 2:39am May 13, 2009 2:39am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
now this is interesting
- daily down
- 4 hour down
- 1 hour down
but, i am still not convinced
146.33 must break first
for south to 145.50-143.50 @ 50%-61.8% Daily fib, she must able to break this 146/146.33 area right ? Still bouncing between 23.6-38.2% daily fib I think....and am still away and see how my sell stop able to hit or not @ 146...for first step of 145.50-143.50 target
Maybe good for M5/M15 scalp atm..
