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- Dcb replied May 30, 2008
Good analysis — Hi Silverheat. I appreciated your analysis of the E/U, and I do not disagree. The E/U has been in a strong uptrend since 2002, so one always has to use caution when shorting this pair. I am a short term trader so I follow ...
Drawing correct resistance and support-lines
- Dcb replied May 30, 2008
EUR/USD & USD/CHF — I sold the E/U and sold the U/C and exited when it touched the TLs. I had a gain of 16 PIPs for the E/U and 25 PIPs for the USD/CHF. We will have to see what happens when the EUR news comes out in about 30 minutes. When ...
Drawing correct resistance and support-lines
- Dcb replied May 29, 2008
U/J — The U/J looks like it could reverse and come down.
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
E/U — I believe the E/U will go down, but I will wait until near the London session to make my decision.
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
Good luck with your trade — Aiyahmarklay, It is time for me to shut down my trading platform. Good luck today.
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
E/U approaching LTL — Get ready aiyahmarklay. E/U is approaching the LTL on my H4 chart.
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
E/U — Hi aiyahmarklah, As I look at the E/U H4 chart, I believe the move up this moring may have been a correction. I am watching to see if it breaks below the lower TL I have drawn on my H4 chart and continue down. Time will tell. Best wishes ...
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
The market moves on the slightest news — It was reported that oil price had come down some. The U.S. has durable goods reports this morning. I believe you may have some action at 12:30 GMT today.
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
Exited E/U before news — I had bought the E/U at 1.57236, but decided to exit at 1.57442 about 20 minutes before the EUR report came out. I had a 21 PIP gain. I had thought it would go higher, but decided to exit before the news. I also did ...
Drawing correct resistance and support-lines
- Dcb replied May 28, 2008
E/U — The E/U is on the way up.
Drawing correct resistance and support-lines
- Dcb replied May 27, 2008
E/U — Here is my E/U daily chart.
Drawing correct resistance and support-lines
- Dcb replied May 27, 2008
E/U & U/C — I bought the E/U and sold the U/C and closed my positions with a small gain before it started retracing its move. As I look at the daily I am questioning that the E/U will continue up and the U/C down. As there is discussion ...
Drawing correct resistance and support-lines
- Dcb replied May 27, 2008
Low volatility this morning — It looks like things will not start really moving until after the U.S. opens.
Drawing correct resistance and support-lines
- Dcb replied May 27, 2008
U/C & E/U — I am expecting the USD/CHF to go down, and the EUR/USD to go up.
Drawing correct resistance and support-lines
- Dcb replied May 23, 2008
You have convinced me. — Jupiter, I can not trade at this time, but next week I am going to give attention to the U/C and A.U.
Drawing correct resistance and support-lines
- Dcb replied May 23, 2008
G/U & G/J — I believe the G/U will move up to the recent high 1.98507, and if it breaks out above that price it can go up 200 orf 230 PIPs. The G/J is still undecided.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Dcb replied May 23, 2008
Check my analysis — Aediaz, Please check my analysis of the G/U. I believe it will move up. The range of the of the TLs is 236 PIPs, so I believe it can have that kind of move if it breaks out on the upside. What do you think?
Drawing correct resistance and support-lines
- Dcb replied May 23, 2008
G/U — Well the new for the GBP is out, and it looks like the G/U does not which way it wants to go.
Drawing correct resistance and support-lines
- Dcb replied May 23, 2008
U/C & G/U — I agree the U/C looks down, and the G/U may move up, but we will see after news comes out.
Drawing correct resistance and support-lines
- Dcb replied May 22, 2008
Thank you — Thank you for sharing what you have learned. I will work to apply what you have learned.
Auslanco - GBP/JPY and GBP/USD (newstrade)