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  • #48,041
  • Jan 4, 2016 9:27pm Jan 4, 2016 9:27pm
Quoting ingmarforex
Rinse and repeat
The Chonchy
  • #48,042
  • Jan 4, 2016 9:32pm Jan 4, 2016 9:32pm
Quoting tashkent
{quote} we are in the same boat, Sir. i would prefer to wait for 1.4780 again but was afraid of missing the south train to 1.4600. anyway, tight sl. let's see. {image}
The Chonchy
  • #48,043
  • Jan 4, 2016 9:34pm Jan 4, 2016 9:34pm
...Looking at this monthly chart, I see we should go down to retest the lower trend line of the equidistant channel, and yellow ema 5 is holding the move up, but MACD and RSI are down there and I don't like it, I know they are lagging, but....

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The Chonchy
  • #48,044
  • Jan 4, 2016 11:51pm Jan 4, 2016 11:51pm
Quoting ZizoFX
Good Morning Sirs, I think we might see a long side on GBP/USD to the 1.4885 - 1.4900 area before more bears enter the market. its a new year, these people are very tricky Good Call Sir Chonchy Wise choice Sir Ill-be-back {image}
DOW topping out nicely off the breakout retest, first 2 targets below.

$ likely to strengthen as a result, but would love to see GU 1.49 area first before looking for reasons to short Sir
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Come with me if you want to live....
  • #48,045
  • Jan 5, 2016 1:04am Jan 5, 2016 1:04am
Quoting Ill-b-back
{quote} DOW topping out nicely off the breakout retest, first 2 targets below. $ likely to strengthen as a result, but would love to see GU 1.49 area first before looking for reasons to short Sir {image} {image} {image}
...I agree, monthly is got under yellow ema 5 and that means down in my book.......


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.....Weekly hit the red ema 100 and pull back but just to take power me think...

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....And daily is "All bets are off" we are coming down.....

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The Chonchy
  • #48,046
  • Jan 5, 2016 1:10am Jan 5, 2016 1:10am
I'm shorting this g/u here at the bounce of the red ema 100 if it give me a chance....

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The Chonchy
  • #48,047
  • Jan 5, 2016 5:16am Jan 5, 2016 5:16am
Opened long on GBP/USD @1.4672 TP 1.4715
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Numbers NEVER Lie
  • #48,048
  • Jan 5, 2016 5:17am Jan 5, 2016 5:17am
Quoting chonchy
I'm shorting this g/u here at the bounce of the red ema 100 if it give me a chance.... {image}
Nice trade sir Chonchy, I think GU will visit your entry again.
Numbers NEVER Lie
  • #48,049
  • Jan 5, 2016 1:40pm Jan 5, 2016 1:40pm
Quoting ZizoFX
Opened long on GBP/USD @1.4672 TP 1.4715 {image}
...It should go up any minute now, but they want to go alone, lol....baastards....
The Chonchy
  • #48,050
  • Jan 5, 2016 1:43pm Jan 5, 2016 1:43pm
Quoting ZizoFX
{quote} Nice trade sir Chonchy, I think GU will visit your entry again.
...Thanks Sir. is being up and down since last night.....it broke the magenta line and that is not very good for the bulls....I'm on the side lines until I see more clarity.....

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The Chonchy
  • #48,051
  • Jan 6, 2016 1:44am Jan 6, 2016 1:44am
....I just don't know what is happening anymore, monthly is trying to cross the magenta and the lower trend line but hasn't happen yet, and is not oversold either, maybe we just keep going down? can it keep going down? no pullback or nothing, we will see soon enough...I'm short picking up the pieces.......lock in profits like usual...

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...Weekly is in the same boat...

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....I'm just short, lock on...

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The Chonchy
  • #48,052
  • Jan 6, 2016 1:47am Jan 6, 2016 1:47am
....E/U is in a similar pattern want to go up, is oversold but is like she want to touch that green lower trend line before she leaves the station....lower green trend line or magenta line and bounce is my bet......

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...We can see the targets here better...

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....Daily is no question of his intentions.....

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The Chonchy
  • #48,053
  • Jan 6, 2016 4:25am Jan 6, 2016 4:25am
This pair is quite overstretched and maybe due for a correction soon.

I'm watching AB=CD at 1.4510 area for any bullish signs (just after it takes out last years' April low)

Price could then print to 1.5030 weekly resistance/breakout area, slicing through a bunch of stops as it goes


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Come with me if you want to live....
  • #48,054
  • Jan 6, 2016 8:57am Jan 6, 2016 8:57am
Quoting Ill-b-back
This pair is quite overstretched and maybe due for a correction soon. I'm watching AB=CD at 1.4510 area for any bullish signs (just after it takes out last years' April low) Price could then print to 1.5030 weekly resistance/breakout area, slicing through a bunch of stops as it goes {image} {image} {image}
....That is correct sir. good analysis, I'm long e/u because she will follow.....lock.

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The Chonchy
  • #48,055
  • Jan 6, 2016 9:15am Jan 6, 2016 9:15am
Quoting Basill
{quote} And maybe a LOT higher than that. Both EU & GU are showing signs of heading NORTH. Not a good time to be taking shorts. Or holding them for that matter. {image}
...So long then Basill?

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The Chonchy
  • #48,056
  • Jan 6, 2016 2:26pm Jan 6, 2016 2:26pm
Quoting chonchy
{quote} ....That is correct sir. good analysis, I'm long e/u because she will follow.....lock. {image}
Crikey Sir, it seems to me that every minute of every day, you are making money at this game
Come with me if you want to live....
  • #48,057
  • Jan 6, 2016 10:06pm Jan 6, 2016 10:06pm
Quoting chonchy
{quote} ...So long then Basill? {image}
Gone Long EU targeting 1.13
Combat crazy markets with crazy trading
  • #48,058
  • Jan 6, 2016 10:08pm Jan 6, 2016 10:08pm
Quoting CrazyOz
{quote} Gone Long EU targeting 1.13
Gone Long GU targeting 1.5090
Combat crazy markets with crazy trading
  • #48,059
  • Jan 6, 2016 11:02pm Jan 6, 2016 11:02pm
Quoting Ill-b-back
{quote} Crikey Sir, it seems to me that every minute of every day, you are making money at this game
That is the idea sir. but we need to applause Basill he is the one who made the call......
The Chonchy
  • #48,060
  • Jan 6, 2016 11:05pm Jan 6, 2016 11:05pm
Quoting Basill
{quote} Long term I have my sights North but you gotta play each day as it comes.
...Good call on those longs Sir. good call in deed....
The Chonchy
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