Backing up my view, if you look at the chart a daily pin is forming at strong support/fib levels. I entered a position before waiting for confirmation, which would be tomorrow's daily breaking north of it, and am in green pips. G10:What do you mean ...

Cable Update (GBPUSD)

Daily pin forming on cable — Nice confluence of S/R, fibs and price

james16 Chart Thread

I'm thinking long — Does anyone disagree?

Cable Update (GBPUSD)

That could well be a three line strike on your charts Tommyd, a BEOB candle that recovers to the height of the first bearish candle in the pattern would confirm, Bulkowski gives it an 84% reliability. Or its 3 Black crows! Interestingly enough my ...

Jacko's Forex House of Pleasure and Pain

Damn! Better look at my escape options, a) false breakout b) dollar bullishness will be short lived, c) retest of channel, which the 50 SMA is still inside of. Dailies are overbought. Patience with the losing trades, they often swing back your way ...

GBP/CHF and USD/CHF

U/C — I shorted this at the top of the channel and am thus inclined to hope this baby is coming back down, anyone else got bearish leanings?!

GBP/CHF and USD/CHF

On the one hand its at the bottom of the uptrend channel and oversold on higher tfs, on the other hand 1.538 has been the major resistance coming down from the highs before going up again. At the moment the daily looks like its going to close inside ...

EURUSD

I'd appreciate any analyses on the current EUR/USD situation from Jacko's turtles, here's a chart showing that price is now at the bottom of the uptrend channel, which would suggest a continuation of the trend is about to resume, what are you ...

Jacko's Forex House of Pleasure and Pain

I'm confused (and in quite a heavy trade) on cable. I'm seeing regular bearish divergence on the daily, and the daily pin from early in the week has not been confirmed/invalidated. Any thoughts on this cable set up? Thanks

james16 Chart Thread

That's the regular bearish divergence I'm talking about, the daily pin is from Monday/Tuesday, still hasn't been triggered/invalidated. In my admittedly limited experience Cable respects its channels, so its going down to 1.97 b4 it goes up again, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Peaches, your chart and mine are q similar, why don't you think cable is going down to the lower channel, given the daily pin is yet to play out and there's bearish divergence on the daily?? I'm short, here's why:

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm short — here's why:

Cable Update (GBPUSD)

Down cable down!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Cables just kicked off methinks

Auslanco - GBP/JPY and GBP/USD (newstrade)

Who ever rode this down AND back up well done, who ever got spanked learn, who ever doubled your account this week well done, who ever blew one take some time out, look at your mistakes, demo demo demo, and come back firing.

Auslanco - GBP/JPY and GBP/USD (newstrade)

This is the best approach we've had to it during that time, my money says it will go.

GBP/CHF and USD/CHF

Because it's going up

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hope all you shorts have something to ease the pain, for everything else there's price action....

Auslanco - GBP/JPY and GBP/USD (newstrade)

I had no idea

Auslanco - GBP/JPY and GBP/USD (newstrade)

Night night — GBP/CHF Will this come down for a channel bounce? Me thinks so. So do my bermudas. But then its going north imvho. GBP/USD Is this pin and bearish divergence gonna confirm? Patience = profit.

Auslanco - GBP/JPY and GBP/USD (newstrade)