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- hms replied Oct 14, 2008
Good morning — Good morning to you all. As I type we are seeing some early moves in crude and gold. Crude is breaking down and has broken the 15 min 20 ma on the 5 min chart. If anyone is short a target price of $78 would be where we expect ...
Momentum Trading- Majors
- hms replied Oct 9, 2008
Good morning everyone. With crude under the daily pivot point and a big gap to the lows at 81.50 it looks attractive to the downside. Gold has retraced to 893 and is sitting on the 15m 200ma with a support line at 890. A break of this could see a ...
Momentum Trading- Majors
- hms replied Oct 8, 2008
Good morning everyone. Crude is still looking weak this morning, we can see some early sellers starting to push the price down to 83.40. For a continuation move we are looking for a slight retracement before a then a break of ws1. Alternatively a ...
Momentum Trading- Majors
- hms replied Oct 7, 2008
We have seen some big falls in Brent crude yesterday down to 83.50. An aggressive upside break of 85.70 with a 123 move may see a play to 88. Alternatively, if the 252 CCI can break above 0 the fall back through with the 63 CCI. We have seen some ...
Momentum Trading- Majors
- hms replied Oct 6, 2008
Good morning everyone, I hope that you all had a good weekend. Following a volatile day in the markets with Non Farm Payroll crude is still in a strong downtrend with our 4 hour moving averages still very stretched. We have a daily support coming in ...
Momentum Trading- Majors
- hms replied Oct 3, 2008
Thanks Nedal, was a godd morning but gold and crdue did not correlate so not the big bang we were looking for. Still, managed to bank few pips on the gold with the exit where the red cross is. The chat room is just to share ideas, look for ...
Momentum Trading- Majors
- hms replied Oct 3, 2008
Friday morning — Following some big falls in brent crude yesterday, crude still looks weak. It is still below the 15 min 20 and the 15 min 50 moving average. A break above the 15 min 20 and support of the 90.20 area would be a sign for a small ...
Momentum Trading- Majors
- hms replied Oct 2, 2008
We had a fantastic 1st day in the new room. Here are some comments... "makes me about +46 pleased with that" "took 50 on gold" "(08:29): "just closed crude 98.17 - 96.71 +146" "out of crude 108" "29 pips on ftse" "Sorry guys got kicked out, Profit ...
Momentum Trading- Majors
- hms replied Oct 2, 2008
sorry, wrong chart uploaded... this is the second trade on crude...
Momentum Trading- Majors
- hms replied Oct 2, 2008
just too another 60 from crude on the break of the weekly pivot
Momentum Trading- Majors
- hms replied Oct 2, 2008
Think its time to take abit of profit on this level on crude... 75 pips lower
Momentum Trading- Majors
- hms replied Oct 2, 2008
the live chat is up and running guys, if you would like an access link, just pop me a PM.
Momentum Trading- Majors
- hms replied Oct 2, 2008
with crude looking weak again and the 1 hr CCI still in negative, could we see a move lower in gold? The 15 min 21 CCI has just crossed and a first target of 860 would be the level I´m looking at
Momentum Trading- Majors
- hms replied Oct 2, 2008
Good morning everyone, I hope you are all well. Crude is below its daily pivot with all the moving averages set fore a move south. The 252 CCI has been down for a while so not too sure if its still got the momentum to fall but it´s definatly setup ...
Momentum Trading- Majors
- hms replied Oct 1, 2008
out at 1.7765, just above the pivot... tidy 50 points
Momentum Trading- Majors