hi peter, if yesterday high caps (or maybe just temporarily breached after labor data), I would follow you today with some soldiers

Daily candle chart

I would tend to sell the strenght but you are right, as long as the range holds, it's hard to be really bearish or bullish on this pair

Daily candle chart

they push it down and buy push it down and buy, then cover all at lower levels and bounce 1.41 - 1.46 should keep containing for some time

Daily candle chart

mmm, yes the daily is clearer, tomorrow AUD labor data and BOE, better to wait for the next candle and see a clearer picture thanks peaches!

Daily candle chart

yes, short from 1.4481 and 1.4516 we should see 1.41 - 42 soon, maybe a pullback then down again and more??

Daily candle chart

yes, just started a position but waiting for tomorrow to commit more just in case pattern of abortion? would you please clarify? as to CHFJPY I am already in bears camp but I wait for weekly comfirmation before committing more....

Daily candle chart

I am very scholastic so I do ask for confirmation to experts like you Against the trend, we see a long red candle with the trend (DOWN), a lower DoJi (sometimes with gap down) on day two, then on the third day a green candle that closes around mid ...

Daily candle chart

hi Peter, I am buying on today's weakness, do you think 1.4950 is a good entry level to initiate a long? doji star is evident and bullish...

Daily candle chart

thanks, I will watch it closely

Daily candle chart

hi peaches, what are your thoughts on CHFJPY? thank you!

Daily candle chart

fight the trend is insane as well, BUT this last drop has been really quick and overexended, nothing goes just one side forever any chance to check the volumes?

EUR/CHF

looking to start accumulating this pair around 1.17 - 1750 down to 1.16 with stop below 1.1575

EUR/CHF

hi hussin, can you have a look at the daily and weekly CHFYEN and tell me how do you see it? it still looks bullish pattern to me

Daily candle chart

wasn't yet, I am in now at 80,08 but probably little more downside with uptrend to resume next week?

Daily candle chart

not wise for the simple fact that you double the risk opening two postions in the same currency with the same direction. and may be even triple it for the fact that you try to go against the two strongest trends in the forex market these days just ...

Daily candle chart

hi peaches, can you mention which is the timeframe you use / watch to determine the trend?

Daily candle chart

let's wait and see if US session brings some positivity for sterling as well EUR, CAD and AUD are all better performers so far

Cable Update (GBPUSD)

the low for today has probably been placed during the Asian / European session gap time looks like consolidation before next leg up to me, playing both sides of the edges 1.6270 - 1.6570 remains in favour according to my charts

Cable Update (GBPUSD)

as expected, gold this week started to underperform EUR and GBP, and sell the strenght is starting to work better than buying the dips I still wait for more strenght around 1380 to open a bigger sell position

XAU/USD & XAG/USD - Gold & Silver Traders Thread

1355 I am starting my sell position up to 1362 with stop above 1365

XAU/USD & XAG/USD - Gold & Silver Traders Thread