hi all
the down trend will resume uless 16190 is broken the first target will be 15970
the down trend will resume uless 16190 is broken the first target will be 15970
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QuoteDislikedHi People... As a newbie i would like to start posting charts and hope to get advice on things I am missing or doing wrong... I am seeing on the H4 chart the possibility of H&S forming.. I haven't taken into account any news as its all a bit crazy in the world right now... does my perception deliver any sanity?
In addition to the H&S... You will see on the 2nd chart the fibo retracement seems to fit the 61.8% which is 1.6240 before tumbling down - This is of course providing we break through the 1.62 and bounce off the 1.5890 level. Feel free...
DislikedHi People... As a newbie i would like to start posting charts and hope to get advice on things I am missing or doing wrong... I am seeing on the H4 chart the possibility of H&S forming.. I haven't taken into account any news as its all a bit crazy in the world right now... does my perception deliver any sanity?
In addition to the H&S... You will see on the 2nd chart the fibo retracement seems to fit the 61.8% which is 1.6240 before tumbling down - This is of course providing we break through the 1.62 and bounce off the 1.5890 level. Feel free...Ignored
DislikedHi People... As a newbie i would like to start posting charts and hope to get advice on things I am missing or doing wrong... I am seeing on the H4 chart the possibility of H&S forming.. I haven't taken into account any news as its all a bit crazy in the world right now... does my perception deliver any sanity?
In addition to the H&S... You will see on the 2nd chart the fibo retracement seems to fit the 61.8% which is 1.6240 before tumbling down - This is of course providing we break through the 1.62 and bounce off the 1.5890 level. Feel free...Ignored
DislikedFollowing these trendlines extending back to the HH on 8/04/09
and the LL on 10/13/09 the logical conclusion would be to see
the cable move back up to test the UTL in the days or weeks to
come. Up it could be.
I'm all for 'movement'... either way.
Dr. D.Ignored
DislikedI've already set a PO (long) before the london close last friday:
1. http://www.forexfactory.com/showpost...postcount=4436
I did mention to Ctic earlier, I'm looking for a large bounce up. Chart below shows why.
Cable is still trending up - mid term, unless price close below ltl2.
Divergence, patterns & confluences - the whole nine yards.
That being said, I still am holding short position from higher up with stop placed @6150 & tp being set to 6040. If the ltl2 goes, my trades are not harmed since cable will likely drop...Ignored
DislikedHi guys,
what will happen to USD if China appreciate Yuan by 5% ?
http://www.bloomberg.com/apps/news?p...d=aNpOCUK8o.O4Ignored
DislikedCable traded down to 1.6077 today just above 1.6045 weekly bullish gap and then pulled back up
Around 1.6100 a burgeoning TL from prior Double-Dip comes into play as well
This level also seems to complete 63.63% retracement of the 1.5896-1.6457 move...
I started building long position at around 1.6100
Have A Great Weekend Everyone!Ignored
DislikedHi Guys,
I also trade the 4hr chart. Have this trade still open in $5900 profit @152 pips.
I have a simple chart, and only trade on the direction on the arrows.
As there is no change of direction arrows the trade will continue short.
On the AUD/GBP chart, 1 short trade open 100 pip +
Simple charts are the best, try not to add too many indicators to you chart.
smokey22Ignored