- Search Energy EXCH
- rgitt05 replied Jan 10, 2008
Here is an article I found that may answer your question.. url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Jan 10, 2008
My long term target if the ducks are line up right is around 207-208 — So far, it seems we are heading to a RECESSION or already their now... News is always lagging... You be the judge on the fundamentals...
rgitt05Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Jan 10, 2008
I don't think the unemployment news today will save the mortgage meltdown... You be the judge!! The 1.4740 resistance is broken... heading up up....
EURUSD
- rgitt05 replied Jan 10, 2008
I am long since 1.4650
Stoploss 1.4620 target 1.5000 You be the judge!!
I don't think EUR will cut interest rate... wait and see.. EURUSD
- rgitt05 replied Jan 9, 2008
Follow the trend — Trend is your friend or not your friend..


STRONG Support level 1.4625 ( Red dashed line) Resistance #1 1.4883 ( Green dashed lines) Resistance #2 1.4968 You be the judge!! 
EURUSD
- rgitt05 replied Jan 8, 2008
Thanks for the observation... All we need now is good news from Europe...
EURUSD
- rgitt05 replied Jan 8, 2008
I agree with you jacobtrader. My charts is showing a possible upward trend breakout on the 1 hr TF
You be the judge!! rgitt05 EURUSD
- rgitt05 replied Jan 8, 2008
I wonder how the asian market will digest this NY market...

NY trading was largely directionless for most of the day, with EUR/USD trading in a narrow range, and most of the action remained concentrated in the JPY-crosses. Traders started ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Jan 8, 2008
Too many things mean you are not sure... Different market this year...Subprime mortgage meltdown is making this market hard to predict.. I will stick with the basics and follow the trendline..If the trend is broken, close my trades and take the ...
EURUSD
- rgitt05 replied Jan 8, 2008
Ready for a breakout upward.. — So far today, Subprime mortgage news is headline today...Rumors of new bankruptcy.. I think EURUSD will take another shot upward based on the one hour TF.. The 4 hr TF is still holding.. Charts don't lie and ...
EURUSD
- rgitt05 replied Jan 7, 2008
Good observation on the Reverse " Head and Shoulders" Chady250!! Based on the 4hr TF the trend is heading upward.. Fundamentals are lagging so more bad subprime mortgage is not out yet.. Trendlines don't lie.. You be the judge!
rgitt05 EURUSD
- rgitt05 replied Jan 7, 2008
EURUSD is heading toward the 1.5000 — As long as the EURUSD follow the trendline, this pair will evenually break out to the upside .. The resistance in 1.4810 range.. You be the judge!
Trend is your friend.... Charts don't lie... ...EURUSD
- rgitt05 replied Jan 6, 2008
USDCAD may possible have a strong resistance at the 1.0100 area.. — Hi LOONIE traders, My analysis is showing a strong resistance in the 1.0100 area..If the PA bounce off this resistance, I predict a downward movement in the long term around ...
USDCAD trend reversal?
- rgitt05 replied Jan 5, 2008
Based on the fundamentals from USA, I think we are going into a full " Recession" soon.. Fundamental in my opinion will dominate this years trading !!! Also, I found this analysis about GBPJPY .... This might help understand the strength of GBP vs ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Jan 5, 2008
GBPJPY weekly and monthly chart — My weekly and monthly chart shows a strong support around the 207 range... The weekly chart shows a break in the overall blue trendline and hopefully drop to the 50% fib level( 207 range). The resistance ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 24, 2007
USDCAD is heading for a nice reversal downward — Hi USDCAD traders, I usually don't post on the FF because I am still learning price action and trendline on higher TF... I noticed that USDCAD tested the 61.8 Fibonacci level twice and failed on ...
USDCAD trend reversal?
- rgitt05 replied Nov 26, 2007
Yen Falls as Citigroup Sells Stake, Reviving Carry Trade Demand — By Kosuke Goto and Ron Harui image image Nov. 27 (Bloomberg) -- The yen declined against all of the world's 16 most-active currencies after Abu Dhabi Investment Authority ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- rgitt05 replied Nov 26, 2007
Wow, what a big bounce from the trendline... — It bounce off the 200 EMA on the 1 HR TF.. I'm glad to hedge this spike and waiting for a retracement... I don't think this is enough to change the bearish weekly and daily chart. Wait for the US ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait