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  • #11,781
  • May 27, 2009 5:05am May 27, 2009 5:05am
I'm also finding twitter4skype very unreliable, so I also have BRV's tweets saved in my rss feed reader. You can set when the reader updates. Click on the link and then subscribe to the feed, it will be in the feeds tab, next to the favorites (in internet explorer with vista).

http://twitter.com/statuses/user_timeline/16628216.rss
  • #11,782
  • May 27, 2009 5:19am May 27, 2009 5:19am
Quoting Siam
Hows Zat!

Forgive me lou.
ok that's unfair. I like the other one better
  • #11,783
  • May 27, 2009 5:43am May 27, 2009 5:43am
Anyone planning to short the GbpChf at 1.7485?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf.gif Size: 24 KB
  • #11,784
  • May 27, 2009 6:16am May 27, 2009 6:16am
Well GBP has come off 16039 which is a figure that has been on the chatter today but I cannot see any s/r at this price.

Is it just me?
  • #11,785
  • May 27, 2009 6:50am May 27, 2009 6:50am
Quoting RedCabbage
Well GBP has come off 16039 which is a figure that has been on the chatter today but I cannot see any s/r at this price.

Is it just me?
38.2% retracement on the weekly chart
  • #11,786
  • May 27, 2009 6:51am May 27, 2009 6:51am
Quoting RedCabbage
Well GBP has come off 16039 which is a figure that has been on the chatter today but I cannot see any s/r at this price.

Is it just me?
Just you lol na you did have to go back a couple of months and it's not too clear. I actually went short here but it came back for a retest, I got cold feet and closed then went for dinner. Came back and facepalmed myself for not being patient.

Quoting Ferrari
38.2% retracement on the weekly chart
Oh wow, I didn't even see this.



Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 232 KB
  • #11,787
  • May 27, 2009 7:00am May 27, 2009 7:00am
Quoting PLooB
Just you lol na you did have to go back a couple of months and it's not too clear. I actually went short here but it came back for a retest, I got cold feet and closed then went for dinner. Came back and facepalmed myself for not being patient.



Oh wow, I didn't even see this.



Attachment
Got it now.

Due to the timespan I used a 4hr chart to go back so this Nov spike wasn't so easily visible as it is on the 1hr.
  • #11,788
  • May 27, 2009 7:26am May 27, 2009 7:26am
USD/JPY: The 95.50 level has shown significance. It has acted as both support and resistance. Overnight their have been two touches on the level acting as resistance. I'm expecting a breakout with a target of 96.70

Any thoughts would be appreciated.

Ross
Attached Image (click to enlarge)
Click to Enlarge Name: BRV - USDJPY.jpg Size: 76 KB
  • #11,789
  • May 27, 2009 7:26am May 27, 2009 7:26am
Small Bearish Gartley on the 1 Hour chart. Completes at the Figure (1.08900) and also the daily R1 pivot (GMT). Otherwise, not much confluence. The larger trend is down and this is a nice way to sell the pullbacks.

Will not trade, I think, because of lack of SBR/RBS at higher TF, but good for practice and to watch.

SR
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF 1H Gartley 052709.gif Size: 16 KB
  • #11,790
  • May 27, 2009 7:33am May 27, 2009 7:33am
Quoting rossbennett
USD/JPY: The 95.50 level has shown significance. It has acted as both support and resistance. Overnight their have been two touches on the level acting as resistance. I'm expecting a breakout with a target of 96.70

Any thoughts would be appreciated.

Ross
That's sound anaylsis Ross.

I'm not a break out trader myself so I won't be taking this but I can say that you need to watch for resistance at 9620 on the way to your target.
  • #11,791
  • May 27, 2009 7:48am May 27, 2009 7:48am
Anyone watching these pairs? Just missed my short with 8 pips on GBPJPY (stupid beast reversed) ... I'm in another short on GBPUSD, missed it by about 15 pips again. I would have closed, but where I'm at, I can't close a GBPUSD trade under 55 pips or a GBPJPY under 60 pips...
  • #11,792
  • May 27, 2009 7:57am May 27, 2009 7:57am
Quoting seattlerust
Small Bearish Gartley on the 1 Hour chart. Completes at the Figure (1.08900) and also the daily R1 pivot (GMT). Otherwise, not much confluence. The larger trend is down and this is a nice way to sell the pullbacks.

Will not trade, I think, because of lack of SBR/RBS at higher TF, but good for practice and to watch.

SR
There's a little bit of SBR yesterday and this move confirms this price as a good 1hr level. This also correlates nicely with 13900 in EURUSD.

Good spot Seattle!
  • #11,793
  • May 27, 2009 8:05am May 27, 2009 8:05am
Lost the GBPUSD, though it was 8 pips far from my TP. Then it reversed :-|
  • #11,794
  • May 27, 2009 8:40am May 27, 2009 8:40am
Banked 60 pips on the GBPJPY short.
  • #11,795
  • May 27, 2009 9:16am May 27, 2009 9:16am
Quoting bumasoft
Banked 60 pips on the GBPJPY short.
Can you tell how did you do it.
  • #11,796
  • May 27, 2009 9:21am May 27, 2009 9:21am
Quoting kk007
Can you tell how did you do it.
Actually, it was 45 pips on AUDUSD, sorry. GBPJPY is not closed yet. Went short on AUDUSD at 0.7870 (resistance) for 45 pips. You can see it on an M15 chart better.
  • #11,797
  • May 27, 2009 9:57am May 27, 2009 9:57am
Quoting bumasoft
Actually, it was 45 pips on AUDUSD, sorry. GBPJPY is not closed yet. Went short on AUDUSD at 0.7870 (resistance) for 45 pips. You can see it on an M15 chart better.
Well done!
  • #11,798
  • May 27, 2009 10:29am May 27, 2009 10:29am
Chart
Attached Image (click to enlarge)
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  • #11,799
  • May 27, 2009 11:07am May 27, 2009 11:07am
You are a seasoned trader brother; thanks a lot for maintain such a nice blog and have a golden heart to share with us about your experience.

Warm Regards

Tanmoy
  • #11,800
  • May 27, 2009 11:10am May 27, 2009 11:10am
Quoting RedCabbage


I like your style!

Welcome.

Thank you for kind greeting! Will try to contribute to the extent that time allows.
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