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- 497 Results (419 Replies, 78 Comments)
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momochi replied May 20, 2014cup and handle set up if you like that sort of thing, im still watching for the break and close above 1.0905 before i will feel a bit safer with my longs.
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momochi replied May 20, 2014bulls trying to take control 1.0895 / 1.09 going to be the showdown image
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momochi replied May 19, 2014finally we see some bull action, convienently while Canada is on bank holiday

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momochi replied May 18, 2014Well done so far, agree the buying conviction isn't looking very strong here, not enough to break the trend yet.
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momochi replied May 16, 2014good start b4 london opens, hope it can continue, would be ideal if this could close above 1.0905, but lets see what london and ny wants..
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momochi replied May 15, 2014got out with some decent profit but not what i was hoping for, bulls lost the fight below 0.895. trying a new smaller long here, bears in control but worth a few pips for the R:R image
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momochi replied May 14, 2014notice the spike 7.20 am gmt yesterday 7.15am today, predictable so far.
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momochi replied May 14, 2014yes, up or down... wonders of ta closed a couple of legs, guess there will be sellers in the london session again, maybe pick them up again around 3-5 gmt.
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momochi replied May 13, 2014still sellers in the london session, looking for buyers to return in the NY session
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momochi replied May 12, 2014Dollar strength mainly but numbers from canada still poor. Dont really trade fundies tbh so not really much to comment on that sorry
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momochi replied May 9, 2014if this was aimed at me then i did post some charts about $indx, thats the wider play here. last night i bought purely because it looked like a set up and the R:R with the $index in mind was massive, even though TA would say it was heading to 1.07 ...
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momochi replied May 9, 2014will have to see how PA plays, have stops at .0870 for now but if the daily closes near 1.09 then there should be some more to it at least 50pips, then if dollar index breaks the consolidation upwards i will hold for a month maybe, hoping.
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momochi replied May 9, 2014bought into lasts nights dip thought it was a bit strange all well organised it seems.
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momochi commented May 7, 2014i kind agree with their article, despite it being pretty flimsy. $index is struggling at the bottom of consolidation now, if the seller is not done then there could be a good drop, if not then the R:R from here is good.
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