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ruffryders replied May 19, 2014yeah, looks legit, 8190 as is a great point to TP on LONG side.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014well it's diamond top on H4, so good chance of TP @ 9275 now.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014GBP AUD is a great BUY ATM. AUD USD is a great short ATM. AU TP 9275. bid is 9346.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014aud usd nice diamond top pattern on h4 materializing. Recommended action: Short selling.
ASG CORP Journal
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ruffryders replied May 19, 2014Traders, anyone taking diamond top pattern short on AU on H4?
TP is @ 9275. current bid is 9345.AUD/USD
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ruffryders replied May 19, 2014very unlikely. The distribution stage will be initiated promptly. NUs been accumulated already. time for a sell off.
NZD/USD
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ruffryders replied May 19, 2014if TL gets broken traders can probably get a much more decent entry upon retest of the highlighted zone.

Cable Update (GBPUSD)
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ruffryders replied May 19, 2014GU bears might want to wait until TL is broken on D1 charts. Technically, the bias is bearish + confirmed by flip in COT index data, however short selling @ current levels does not look legit yet.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014GU no trade as per the chart posted previously. Clean break of highlighted area will trigger a short trade.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014most definately we sell off and reach 6640 soon.
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014Jimmy, I checked COT index data 26 weeks on Platinum. Best entry was DEC 2013, when Comm bottomed out @ 0, currently we pretty much have the reverse, Comm are maxed out @ 100 almost, which is not a picture-perfect setup for LONG trades. (position ...
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014Jimmy, thanks for a heads up, I'll have a look. Seasonally, platinum is entering a strong period now, so it might make sense. Technically, looks overall mildly bullish on dailies now. I do trade commods - however trades generally are mid-term and ...
Cable Update (GBPUSD)
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ruffryders replied May 19, 2014NUs. Looking @ last couple of weeks sticks, it's fairly obvious that rally is loosing steam and it's a matter of another 1-2 weeks before we start to sell off. Continued selling pressure on EU/GU will materialize in NUs losses shortly.
NZD/USD
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ruffryders replied May 19, 2014EUR USD D1 action/reaction review and projected price action.
Andrews Pitchfork (Median Line)