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GBP/USD

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you may interpret the chart as you want.
I'm long from one pretty sexy level and add when I see a good opportunity, now I think it is
 
I think im the good guy in it.
(yea. charts pretty messed up but past s/r gives me alot infor too on bounces)
 

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Well, i do have the occasional frustrated session, and last night was one of them.
I was short for about 2 hours and got sick of waiting, knowing that (eventually) the US news will move it, but just could not wait any longer, exited, and i think about 15 min's later it dropped.
I'm a very active person, and sitting in front of these monitors with my **** on that chair for hours is not a lot of fun, even though i love trading the fast TF's....maybe I'll replace the chair with a treadmill or something like that.
 
:> chill
here's my plan for end of the week
GL/Gt
 

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was a good short . 140 pips in the bank
Now we may have signs on long soon with the main daily inclined support.
Good luck
 
yea, i feel little cheated: <
respect cashflow_08, good deal
where's your target?!
I'll post counting in the weekends
 
If the inclined bounce goes as planned, i'll be long and conservative target in 1h-4hr chart would be around 1.66-1.67 (230 pips) and 2nd tagart could be at 1.72. And later on , i may buy again later (scale in) if my other indiz say its alright too.

Just to look out in daily, we may have a head and shoulder formation and when it plays out, we could be short down (Way down). So it may be wise to take profit use 1hr-4hr chart. And also, the main trendline has been broken, and i call the recent support a inclined support as it is only a support, that may push the price high for short term (maybe), its not a trendline which pushes it for a longer term. So be careful and conservative.
Good luck
 
Hello

Heres a chart. I wantd to show you the head and shoulders in progress in daily. If the bounce is valid from the H/S support than we may be long, but wont be that strong. Eventually it may keep bouncing and bouncing until it comes to the "down Trendline" and then from there it probably going to zoom down and may break the H/S support. But the break could happen even earlier, we dont know then : / .

Just my 2 cents.

Cheers
 

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with the cable never can't be too conservative....
Anyway, I don't believe in these patterns as H/S and such, believe that trend is up. for now seems normal albeit with some pips down than necessary, just spike. I think the picture remains the same, and will wait the price to show me, the stop of the last add from 6440 is only my thoughts and is below of the last bottom 61
gl/gt
 
Two huge patterns from Ichimoku and head & shoulders.
one word, "short"! after validation and your own analysis.

Cheers
 

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:> absolutely, abc-x-abc
let's see where will go c
I don't take short position against the trend
will wait decent
GL&GT
 
i_in said:
:>
I don't take short position against the trend
Click to expand...
Is the trend not down at the moment?..short pending breakout of this little rising wedge/ending diagonal
 

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Kryzz said:
Is the trend not down at the moment?..short pending breakout of this little rising wedge/ending diagonal
Click to expand...


Depends which time frame you are looking at really. Looking for a black hole maybe? :
 

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Forgot to check the calendar, and anyone watching could probably guess what happened .
 
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