i would be crazy to aim for a long after such a drop.

Cable Update (GBPUSD)

I scaled out 33% but today has gifted me with a new entry point. I have 77% of the old trade and a smaller lot new short.

Forex PA & Technical Trading - My Journey to Sucess

perhaps it was a good idea to sit out of the long..looking at the development 13 hours later.. Double top at 1.5260 area.. which has acted as a RS zone before well waiting for a cloud retest on h1 and i go short on this one image

Ichimoku Technical Sessions 2013

[quote=Tom_D_Trader;6566223]Hi, are you talking about anything particular? Apart from the fact that ECBs ELA and OMT are holding european banking sector afloat, I dont see any actions coming (unless Italy screws up, which is imo nonscence as long as ...

EURUSD

keep on riding it like a boss, and the bearish run continues. shooting star the a small move down. Guess by the time the ECB and NFP are on we will be heading for a second rally. image

EURUSD

well good or bad for The Kingdom but either way at break of neckline am short on a long term trade.

Cable Update (GBPUSD)

the pound seem to be on a down trend long term continuation after a double top formation on D1 and H4. Soon we may be seeing a return to 1.4900 if the trading volumes keep up. image

Cable Update (GBPUSD)

Differences between forex and gambling: -Capital protection- S.L Returns Protection- trailing stops. Historical analysis of repeating patterns - technical analysis Show me these in gambling

EURUSD

Can only wait and see where this ends up. Still a relatively smaller intraday range compared to yesterday. Danny

Cable Update (GBPUSD)

The unemployment stats did not raise the volumes. We still cant expect a rally out of this move.

Cable Update (GBPUSD)

Good one! I traced the level back to mid 2002. Quite a strong support then with more than 5 consecutive weekly candles finding support this area. Well either 1.5175 or 1.5185, resistance is still a zone. Cheers Blobs Danny

Cable Update (GBPUSD)

1.5175 area is becoming quite a resistance level with the large bearish candle confirming it a key level. Holding a short position that I had already ruled out as a loser. Now its better.

Cable Update (GBPUSD)

Holding onto to 200 pips so far but its getting warmer by the hour. need some Capric magic here image

Forex PA & Technical Trading - My Journey to Sucess

There has been a series of lower highs and the price being seeming rejected off the lower ichimoku cloud edge on H1. Really waiting here Danny

Cable Update (GBPUSD)

waiting for a possible reversal at 1.2820. Then the bear trend resumes

Trading EURUSD only

The Swissy is out of the bounds. The bullish Trend here seems quite strong. Above 1.9700 may open up 1.9805 and 1.9965 should we see a rally then. Otherwise quite a cool and predictable pair. image

USD/CHF

The Volumes are on and consolidation is history now. The USD/CHF is off the support, EUR/USD and GBP/USD are on the break down. Lets hope the order flow persists before easter. Danny

Forex PA & Technical Trading - My Journey to Sucess

Maybe it for today, after all 1.5070 area is already a Support zone.

Cable Update (GBPUSD)

A break below the 1.5070 area and we may as well be expecting 1.4900 soon Danny

Cable Update (GBPUSD)

The cable has pulled back to the upper edge. Looking at 1.5077 as a near term resistance, it could bounce back to the 1.5260 level should the support be obeyed. A break below this support zone may open 1.5000 round area by the end of the week. ...

Ichimoku Technical Sessions 2013