- Search Metals Mine
-
Betard replied Feb 21, 2008Good luck with the tornadoes. I'm in South Florida (Fort Lauderdale) but we've had a lot of tornado warnings so far this year as well, which is strange for down here!
4 Hour Strategy (MACD)
-
Betard replied Feb 21, 2008On Eur/Jpy there is a daily pinbar (well some might consider it neutral but but it's pinnish [is that a word?] enough for me), and it's off a PPZ that has been hit quite a few times if you look back. This looks a lot like the Gbp/Jpy pin bar last ...
james16 Chart Thread
-
Betard replied Feb 21, 2008I got stopped out of Usd/Cad. Entered off TC/zero bounce. It wasn't in the positive of the MACD by much (.00006) so maybe I should not have taken it since the signal wasn't too strong. I saw there was a tail but it still didn't look too bad when I ...
4 Hour Strategy (MACD)
-
Betard replied Feb 20, 2008Just remember it's not a triple bottom until 1.9958 is broken!
Cable Update (GBPUSD)
-
Betard replied Feb 20, 2008I think the best thing to do with this pair right now is just wait for this daily triangle to break to whichever side, then wait for it to retrace, and buy if it keeps going after retracing. This is for a more long term trade (probably a few days at ...
Cable Update (GBPUSD)
-
Betard replied Feb 20, 2008Might be a 1-2-3 top reversal on the Eur/Cad. I have sell order set at 1.4855 below the possible number 2, with stop at 1.4989. If price goes above 1.4985 before it breaks the 2, then the order will be canceled.
1-2-3 Method review request
-
Betard replied Feb 20, 2008I will be looking to short Eur/Chf if we get a round top MACD signal in the next few hours. I don't usually take CT trades but this pair has been ranging and it's at the top of its range so there's heavy resistance where my top line is drawn. If you ...
4 Hour Strategy (MACD)
-
Betard replied Feb 20, 2008I'm closing my shorts from 1.96 after we bounced off the top of the triangle. Now it bounced off the bottom. It will probably go up for a while but probably only until it hits the top of the triangle again. I'm going to stay out of longs because the ...
Cable Update (GBPUSD)
-
Betard replied Feb 20, 2008Aussie just gave a TC/ zero bounce. I waited for a retrace to .9160 to get in because I wanted a little discount. The chart's not showing it because I got in while typing lol. Will probably TP at .9220 then let the rest ride. Today pays 3x interest ...
4 Hour Strategy (MACD)
-
Betard replied Feb 20, 2008I trade 1-2-3's reversals off the 4 hour charts. Currently in short GBP/USD, from 1.9562 and long Eur/Usd from 1.4577. I have just been trading them about a month but so far almost all have been winners. The thing I noticed is you want to just be ...
1-2-3 Method review request
-
Betard replied Feb 18, 2008I just looked at every timeframe from 5 min to weekly, and trend is down on every single one of them. I guess you see this as a bullish sign?
Cable Update (GBPUSD)
-
Betard replied Feb 18, 2008Ok I'm not sure why so many people were long today/yesterday. I guess for scalps it might be ok but we are in a longer term down trend now. Friday the cable bounced hard off resistance (not a bullish sign!) as we can see from Friday's bearish ...
Cable Update (GBPUSD)
-
Betard replied Feb 15, 2008Maybe, but I think the DOW/S&P is dragging the GBP/JPY down now, which is dragging GBP/USD down as well. Not too good a time to be long. This is also a bounce off resistance. I think the bears might be done hibernating.
Cable Update (GBPUSD)
-
Betard replied Feb 15, 2008If US economy is in for trouble, then GBP/JPY is probabably going to take a big hit, which will drag down the GBP/USD, so I wouldn't count on too much pound strength if your beliefs are correct.
Cable Update (GBPUSD)
-
Betard replied Feb 15, 2008I'll be short once 1.9600 is taken out. How far down can we go this time i wonder? EDIT: ok 1.96 is gone let the short party begin!
Cable Update (GBPUSD)
-
Betard replied Feb 15, 2008Yeah they just risk most of their account each trade. Very risky but it's a contest so making 5% is not gonna do it. You either win big or lose everything real fast. It's like a poker tournament you don't get anything for just keeping the same ...
How do they get these returns
-
Betard replied Feb 14, 2008Daily pin on the pound/yen after it failed to take out 214. It might forming a bearish flag formation (I think that's what it's called anyways). Anyone else like this one? Anyways, hopefully we can ride this back down to 207-208. Argh, I'm going to ...
james16 Chart Thread
-
Betard replied Feb 14, 2008I'm with Jacob here, we got a spike after the good news last night but still can't break .91. I think we have a bit of a fall coming before it recovers again. Either that, or we will range for a while now in this triangle that is forming.
AUD/USD