Beautiful pin on the weekly with a bounce of the 50% fib and trend line. Going by that I would say at least 500, even though my target on the4h was only in the 470's before a bounce off the down trend line from 5/1. Mostly just getting into the ...

EURUSD

I was thinking down as well, but with out a break of the trend line or some good PA, it's not one I'm getting into. However, looking at the 1h chart the macd with the stochastic riding it down have come down quite a bit with out it budging. Almost ...

Daily GBP/JPY analysis

lol just as I typed that got stopped out. 1 loss, 1 even 1 win, and 2 stagnate trades. Not a good start for a day.

USDCAD trend reversal?

Ouch those kind of days hurt, had a few days like that myself. Can't let it get you down there's always tomorrow to get pay back. Market loves to kick me a few times when I'm down aswell. Just have to keep getting back up, it's gets tired of kicking ...

USDCAD trend reversal?

I've seen them fly before, don't believe they can't it's what they want you to think. They do it all the time on CNBC.

USD/JPY Discussion

Bearish indeed, sl moved to BE. Lost already one this today, I don't need a repeat.

USDCAD trend reversal?

I'm a glutten, re-entered long @ 20, sl @15

USDCAD trend reversal?

meh stopped out of my demo long.

USDCAD trend reversal?

out at 27, keeps making lower lows, not a good sign. Demo long is still holding, 1 pip from the sl at 20.

USDCAD trend reversal?

Yep always play with stops around 10 pips, never much too lose then if I'm wrong. And yes it's getting really close to breaking that TL, noticed it on the 4h stochastic, that it might break.

USDCAD trend reversal?

I admit it's not shaping up as well as I hoped, but I swear I still have it coming back up.

USDCAD trend reversal?

Ah bummer, cad should come up now so at least it most likely won't be a loss. Ya cable beens a bummer lately for me as well, I just expect so much more from it. And ya my charts look as nearly whack, cad is the only clear one I see atm.

USDCAD trend reversal?

You talking the range? I've been catching up on much needed sleep, didn't look I missed much.

USDCAD trend reversal?

long @ 633

USDCAD trend reversal?

Not sure how much help I'll be, I use them as purely support and resistance. I use the 50mma or 100ema and then one longer term like a 365ema. Although on long term charts (week, month) the 365 isn't to valuable, the 50mma is good on any time frame. ...

What are the best MA's to use?

4h chart.

Cable Update (GBPUSD)

Hehe I'm still likely to short this pair come monday, that is if sunday doesn't ruin the move. Here's what I have for the pair on the 4h chart.

Daily GBP/JPY analysis

This is what I saw, price action off daily s2 and top of the pitchfork, exit was on s1 and the mid line of pitch.

Daily GBP/JPY analysis

out at 74, from 20, still think it's coming down more toward the long term trend. But it's nearly close and no point pushing my luck.

Daily GBP/JPY analysis

Aye generally I try to trade it both ways, long off the bottom channel and short off the top. Just timed the last one wrong with the upcoming news and was caught on the other side. It happens no system or person is perfect.

Daily GBP/JPY analysis