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- Xj8 replied Feb 1, 2010
Trades — Since posting the two currency pairs above, I have since entered long on both of them, I am cautious due to the direction of the trend on both of them, but they are worth trading to at least the 50% retrace levels, approx 1.0650 on ...
- Xj8 replied Feb 1, 2010
Update on the AUD/USD — Daily Chart Daily trendline is currently being tested, last stopping point on the way down was also 0.8745, a combination of them both may see off the advances of the sellers at this point.I'm looking to see if this ...
- Xj8 replied Feb 1, 2010
Thoughts on GU — Daily Chart Now that the weekend has settled down and the overnight orders have caught up, looking at the GU now, has seen the bears testing this lower trendline, I'm also aware of the round number 1.5850 just below the ...
- Xj8 replied Jan 31, 2010
USD/CAD — Not looked much into this pair, inner trendline broken, first major stopping point for me is, 1.08500, though we may see a little stumbling around 1.0700. The 4 hour shows that trendline being tested before moving away from it. I'm ...
- Xj8 replied Jan 31, 2010
USD/CHF — This was a breakout from an inner trendline, moving down to the 4 hour I saw a retest of the trendline and took the trade when it started moving back up. Entered at 1.0500 and I'm swithering staying in as it is hovering around the ...
- Xj8 replied Jan 31, 2010
EUR/JPY — I had to move down to look for an sell entry in the 1 hour time frame, 4 hour was rather steep, though still ok to trade from. There were several entry levels, once I found a level that was continuously being tested I paired it up ...
- Xj8 replied Jan 31, 2010
NZD/USD — Just took a trade on Friday, I was possessed, I don't really have any good reason other than it's passed through a strong S&R level, saying that 0.6978 could be a stopping point. Hopefully it will byepass this and aim for the lower ...
- Xj8 replied Jan 31, 2010
AUD/USD — This was an odd one for me, normally I would trade from a TL, this time I chanced my arm after price moved towards the 50% fib, Jacko once gave statistics regarding the TL's and Fibs, if the Fib did not hold price would then make its ...
- Xj8 replied Jan 31, 2010
Trades — A few trades taken along the way last week, still running and becoming difficult to keep track of, I have also posted my reasons for each entry. Starting with the GBP/USD, I missed the inverted head and shoulders for a buy, as price ...
- Xj8 replied Jan 20, 2010
AUD/CAD — I would ideally be looking for a buy, but there seems an opportunity to sell to the lower TL, not that I'm going to, just looked a reasonable place for a quick sell.
- Xj8 replied Jan 20, 2010
USD/CHF — My thoughts on this pair tend to favour a sell in the 1.0450/80 area, my last two posts gave areas with no possitive areas for a trade, this pair looks a stronger probability. We have a nice inner daily trendline along with a round ...
- Xj8 replied Jan 20, 2010
EUR/JPY — This is another area of interest, although I see nothing other than a weakish support area, price tends not to close below 128.8 but has pushed considerably further, I can't place any decent fib there that would support a buy here. I ...
- Xj8 replied Jan 20, 2010
NZD/USD — Just skimming my way through the 4 hour charts and came across one that looks a neat area for entering long. 50% retrace from the latest move up and round number at 0.7200, historical data shows reactions around this number, could be ...
- Xj8 replied Jan 18, 2010
Vicky AG — I missed this trade on the USD/JPY when it set up nicely on the daily, hitting the trendline for the third time on the 7th January, here it hit the 50% fib and a nice round number, I would have entered at 93.00 where all three ...
- Xj8 replied Jan 18, 2010
USD/CHF — With this pair, there is little room for movement here, the overall trend is down, ideally, we would be looking for a sell, but we have higher lows developing and price is squeezing itself into a wedge. you could be in this for a ...
- Xj8 replied Jan 18, 2010
EUR/USD — Using a trendline and a round number without the assistance fo the 50% fib, there is a possibility of a move up from 1.4300, I'll be looking to see some reaction around this area, daily trend is up overall, so trading with the trend ...
- Xj8 replied Jan 18, 2010
BEZ3000 - USD/CHF — Hi Bez, Looking at it certainly, getting into the trade? maybe not, I see a particular factor that indicates higher lows just ahead. You could get into this short at 1.0250 for a 50-80 pip trade and come out as it ...
- Xj8 replied Dec 21, 2009
Thanks Stewart — When you wrote this it was just cold, now look what you caused, lol. 8" of snow in my back garden and on top of the car, I just took these pictures today, 21st Dec 1:30pm. Merry Christmas and a Happy New Year
- Xj8 replied Dec 21, 2009
Euro — Looking at the current 1 hour chart on the EUR/USD, there's been a little bit of resistance at 1.4400, price is heading back to this point, it now has the assistance of the downward trendline, and, taking a fib from the last touch off ...
- Xj8 replied Dec 16, 2009
1 Hour Euro — Basing a trade on a 1 hour chart would give me an opportunity to place a fib from 11th December to the most recent low, at this point in time a 50% retrace would give me an opportunity to get in safely (or as near to safe as ...