Hi Ams, welcome...look forward to seeing some of your posts here. Stocky

GU, GJ and EU Analysis Thread

Hi ams, Sorry was on lunch....the x's and o's are generated on price movement and not time...so you could say they are made on pip count if you like. On my charts some of the rows of x's can represent 5 mins and some 10mins...it just depends on how ...

Cable Update (GBPUSD)

Hi Ams, I can help you with your Point and Figure query. Point and figure charts do not plot price over time but movement only. The graph will plot X's as price rises and O's as price falls. They can be used to cut the noise out of the market and ...

Cable Update (GBPUSD)

EJ climax selling bar followed by a hign volume Pinbar on the hourly...given we havent retraced properly since 109 area this would be a good place for traders to maybe book some profit...38.2 takes us to 107.32 support and 61.8 to 107.50....A 50% ...

GU, GJ and EU Analysis Thread

Asia has been busy selling GU and EJ. EJ shorts from 109.17 and 109.05 hit TP of 107.32 during Asia Session. Break below 107.32 has given increased momentum through london open which opens new medium term targets of 105.00 daily channel support, ...

GU, GJ and EU Analysis Thread

EJ attempting a retest of old channel support. Stocky

GU, GJ and EU Analysis Thread

EJ 30 min EJ channel has provided some nice scalps...looks like we are about to break out the bottom which should increase momentum down to 107.32 support Stocky

GU, GJ and EU Analysis Thread

Tokyo is a truly amazing place so I appreciate what you’re saying...lol good old Roppongi Hills brings back many drunk memories for me . I have a friend who works for Dresdner Kleinwort investment bank and its always a joy visiting. I find it ...

GU, GJ and EU Analysis Thread

Morning Islander, Totally agree...I think we will head toward 5300/ 5400 area to clear weak longs before heading up. However with FX being FX it wouldnt suprise me if we head up from 5470 area. I have a long at that price from friday at b/e just ...

GU, GJ and EU Analysis Thread

Sorry that was incorrect....2nd attempt Morning All, COT figures issued on friday for Sterling show... Institutional Players: Net Long at 54% Retail Players: Net Short 53% Slight increase on Long positions from last report for non commercial ...

GU, GJ and EU Analysis Thread

Welcome to the thread Gammase Stocky

GU, GJ and EU Analysis Thread

Morning All, COT figures issued on friday for Sterling show... Institutional Players: Net Long at 54% Retail Players: Net Short 46% Slight increase on Long positions from last report. Stocky

GU, GJ and EU Analysis Thread

Have a good weekend all....thats me done for the day Stocky

GU, GJ and EU Analysis Thread

GU 4hr Pin formed at 5470. Stocky

GU, GJ and EU Analysis Thread

Glad to hear its going well...dont trade NZD/USD very often but will have a look for sure. Nice GU bounce of 5470 area....weekly POC doing its job..stop at b/e...like the last 1.55 long trade I dont fancy its chances as I still think price wil spike ...

GU, GJ and EU Analysis Thread

Hi Sinner, thanks for posting the Dollar Index chart....will be interesting to see if that resistance and the top of the bollinger band is enough to send the dx lower again. Its not unreasonable to expect GU to reverse from here given the 5470 ...

GU, GJ and EU Analysis Thread

Morning All. EJ support at 109.15/24 finally gives this morning. Entered some shorts around 109.17 and 109.05 area. 1st target of 108.34 hit....next target daily TL and then 107.30. GU 1.55 medium term long stopped out at break even. 5471 area has ...

GU, GJ and EU Analysis Thread

have a good evening all! Stocky

GU, GJ and EU Analysis Thread

If GU fails to break the 5700/ 5650 area we are more than likely going to retest 5470 maybe even 5315 area before more buying pressure is seen. For the moment 1.55 is well defended but for those seting up medium term longs higher up I would consider ...

GU, GJ and EU Analysis Thread

Same here im waiting for this support to break also......getting fed up looking at the same number...looks promising after the philly fed data...Im waiting for a hourly close below 109.24/15 area followed by spike back into the old range before a ...

GU, GJ and EU Analysis Thread