Trade closed.
GBP JPY
1. short @158.82 closed @158.53
Thank You
Better-than-the-wormhole 555 replies
DislikedI nearly fell out of my chair when I saw this.
I do agree though, the longer term tfs have been showing the dollar struggling to rise further - looks like we due for a retest of some the recent support levels on the usdlfx charts.
I still think cable will go down, but perhaps we're looking at Friday, or next week.Ignored
DislikedDon't sugar coat it, say what you mean!
Been having this discussion about the $ turning around again in the daily candlestick thread. It looks like the $ wants to retest previous areas of resistance now turned support. I think we'll need to keep our eye on the $LFX and see how it reacts to key levels on its way down.Ignored
Dislikedlol
yea, the thing is yesterday I saw the usdlfx turned, but so did the gbplfx so I couldn't use that at the time to help me decide you see. Maybe it's because of the runup towards fomc .. beats meIgnored
DislikedBeen having this discussion about the $ turning around again in the daily candlestick thread. It looks like the $ wants to retest previous areas of resistance now turned support. I think we'll need to keep our eye on the $LFX and see how it reacts to key levels on its way down.Ignored
DislikedMaybe you can help me out... I've been looking for a free feed for the dollar index. If you think usdlfx can serve as such index, could you provide a link?
Kind regards,
jesperIgnored
DislikedSpot on with the 6600 level barrier needing to be broken for further up move. That's an area malcolmb identified too.
We also seemed to bounce off a gj trendline from the top, but I'm confident we're going to retest and break through it, we're just gathering some more steam.Ignored
DislikedMaybe you can help me out... I've been looking for a free feed for the dollar index. If you think usdlfx can serve as such index, could you provide a link?
Kind regards,
jesperIgnored
Dislikeddaffy, wormboy,
thanks for the links etc., i'll give it a shot.
and thanks even more for sharing your trading insights here, much appreciated.
jesperIgnored
Dislikedclosed partial.
GBP USD
1. long @6517 closed @6592 (0.1)
Remaining position unchanged.
GBP USD
1. long @6517 sl @6380 (0.2)Ignored
Dislikedjust download the sigtrader4 platform. It's bundled with a bunch of goodiesIgnored
DislikedWB, thanks for the link. I was searching the last days for a good dollar index chart too and voila, here it is ...
I really appreciate that you are sharing your thoughts and chart setups, it helped me tremendously in improving my trading skills by comparing them with my own trade setups. I trade with fibs and longer term tls, your spider tls are a great addition to my "conventional" ones. Still have to figure out some of the details how to draw them correctly.Ignored