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racedesign replied May 24, 20102 months ago... sure i'm with you. But the past couple of weeks, I think it could happen. The 4h chart has plenty of examples. I'd post a chart but i'm useing a laptop to surf the web. 100 - 300 pip candles. Bull and bear back to back. We'll see. ...
Cable Update (GBPUSD)
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racedesign replied May 24, 2010I'm looking at a bearish wedge on 1h. It was broken at london open but were back inside it now. I would like it to go much higher (1.4650) before shorting for a bigger down move (1.3500) that everyone keeps talking about. As for now on 4h chart it ...
Cable Update (GBPUSD)
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racedesign replied May 19, 2010Yeah there seemed to be alot of buying presure up until that spike, ban on short selling crap probally .
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racedesign replied May 19, 2010Diddo.... and to make things worse the news lately havnt been incouraging.
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racedesign replied May 19, 2010It does look nice for a short though. I agree with you on that. touching 38 fib of yesterdays high low...
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racedesign replied May 18, 2010What price do you have? And if you dont mind me asking which broker? Oh, 60 i get it.. sorry Wait thats my sell price, were you long or short. If I were short my stop would have triigered to at 60
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racedesign replied May 18, 2010Forex Factory, fxstreet.com , Bloomberg. These are ones I look at everyday.
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racedesign replied May 18, 2010My technical anlysis says the news will be as expected or just slightly worst than expected. that way we can go down to the pivot like my chart says it should!!
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racedesign replied May 18, 2010I think we'll get to 1.4510 @ news time. then if its better than expected 1.4550 then maybe 1.4650. if not than we'll be going down again!! I'm short baised, but flat untill news time.
Cable Update (GBPUSD)
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racedesign replied May 17, 2010So, I'm looking @ a bullish triangle on 15m chart.. top of it being 1.4440. its also the 50 fib of fridays high and todays low, and the 23fib of last weeks high and todays low. I'm thinking 1.4500-1.4550 would be a good area to short for the next ...
Cable Update (GBPUSD)
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racedesign replied May 10, 2010Thanks for pointing that out, I mainly look at 15m & 4h charts. I'm short baised because were @ the 50 fib of last weeks highlow, but with a 1 trillion bailout I'm nerves of the reaction. It is above the pivot point so I'm looking to buy but I will ...
Cable Update (GBPUSD)
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racedesign replied May 10, 2010I wouldnt say its slow. Its moved 300 pips in 3 hours. I see a bullish triangle on 15min chart, touching 50 fib of last weeks highlow.
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racedesign replied May 5, 2010So were stuck in a symetrical triangle here.. I shorted from the pivot but got out after 10 pips, thought it might break to up side due to recent drop. We broke a symetrical triangle on the 4h, but i might have a short term long bias. we bounce off ...
Cable Update (GBPUSD)
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racedesign replied May 4, 2010This is my 4H chart of the eur/usd. image I really want to short it but I just cant at the moment... Happy trading!
EURUSD
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racedesign replied May 4, 2010Right now were @ the bottom TL of a symitrical traingle on the daily chart.. I'm going to wait for a break of it to short.. Just my 2cents! Happy trading!
Cable Update (GBPUSD)
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racedesign replied May 4, 2010This is the move I wanted yesterday.... Have pending short @ 1.5180 tp 1.5150. Happy trading! Canceled Order..
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racedesign replied May 3, 2010I'm out with a tiny profit.. The holiday must be slowing things down! My stop loss came within a pip of being hit. Ill happly take my tiny profit and wait till tomorow . Happy trading every body!
Cable Update (GBPUSD)