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shahab8b replied Oct 12, 2009Ben, you know I'm more short on this one than long but the consolidation there is still tricky, might cause trouble agian for short positions if it breaks higher like a bull flag (the target will be around .925-.93 ish),
AUD/USD
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shahab8b replied Oct 12, 2009did anyone trade EURGBP Ascending triangle break out that I mentioned earlier today? I just closed it ,it made a sweet 70 pips profit,
AUD/USD
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shahab8b replied Oct 12, 2009Technically speaking there is a bullish flag there at 4hr chart, but subjectively I'm more to the down side, I think she cant break higher for now
AUD/USD
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shahab8b replied Oct 12, 2009Hi Thadakman, Here in US is Columbos day , most of the states are in holiday, I live in FL no holiday here, I went to lab and went to my classes thinking the NYSE would be closed today, now I saw what a mistake I made, the good part is the DJI , S&P ...
AUD/USD
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shahab8b replied Oct 12, 2009The last 2-3 hours USD weekness was due to sell off in USDCAD, now it's getting support from a long term R turns S back in 08, time to sell the Aussie, SL: .91 , good luck all
AUD/USD
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shahab8b replied Oct 11, 2009I cant get a reversal pattern on $index for now, seems bearish so far, may be a double bottom but I dont go for it
AUD/USD
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shahab8b replied Oct 11, 2009out of context, but looking at GBPUSD/ GBPJPY /EURGBP, seems the GBP is about to have a nice fall , all pairs have the same C.pattern. will see how this one affects AUDUSD
AUD/USD
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shahab8b replied Oct 11, 2009for bored people like me , EURGBP made a classic Ascending Traingle at 4hr / a terminal thrust will go up 100-150 pips if it breaks,
AUD/USD
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shahab8b replied Oct 11, 2009Hi Blue, I have no bais right now, on one hand the pattern seems bullish so far/ on the other hand I dont like to go long from current level , will be waiting & watching, I think for now I play short EURUSD, this one is unforgiving when you short it ...
AUD/USD
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shahab8b replied Oct 11, 2009Ben, IMO if it gets to .9090 (top is .9089) means this one will be a C.rectangle, will break into upside & the traget is the hight of the pattern, around 91.80 , it has tested this top twice, so there are two scenario if gets there 1- a rectangle ...
AUD/USD
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shahab8b replied Oct 11, 2009Ben, I'm still skeptical about these kind of consolidation on AUDUSD, they tend to be a continuation pattern all the time (rectangle usually), this one looks like a Descending triangle,( as its previous move was an upward ,it might break to the ...
AUD/USD
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shahab8b replied Oct 11, 2009I think 91.75- 92 plays the pivot / above that will go to 95 +
USD/JPY Discussion
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shahab8b replied Oct 11, 2009Hello, vincy balboa, It seems you have started a very professional thread, I notice at USDCHF you have K around .8000 right? but I dont get the slope lines that you have ,look like a wedge or Triangle, what does it mean? I am very interested at EWT ...
Elliot wave, Harmonic And Ichimoku in CHINESE STYLE
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shahab8b replied Oct 10, 2009Hi , Well, I have short positions from .9050 so I might be baised for downside, but technically speaking there is no reversal sign in any timeframe so far, even COT index is not extreme on AUDUSD, it's extreme on EURUSD/USDCHF but not this one, ...
AUD/USD
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shahab8b replied Oct 9, 2009Hi, yes I know the pattern is not complete yet, that's why I noted "possible", cheers
AUD/USD
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shahab8b replied Oct 9, 2009EWI Report
eath of the Dollar, Again: Before You Mourn, See This Chart image from its March 2008 bottom, the U.S. dollar came back to life with a vengeance, soaring in a one-year long winning streak to multi-year highs. In the most current ...AUD/USD
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shahab8b replied Oct 9, 2009There is a possibility of forming a Double top/ at 1hr chart. it means we might have a short term top
AUD/USD