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- PracticalPip replied Mar 2, 2009
Just added a bit more to shorts here at 137.05. Back to sleep for a couple more hours, or until we break 136.00... whichever comes first.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Mar 2, 2009
Very sexy 4 hour candle closed a bit ago on my charts. Now looking to break the spiked lows of the 136.60 area last week. We're currently well below the 137.70 area and I don't see much in terms of support until 135 or so... can't imagine this being ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Mar 2, 2009
The 137.70 area served as pretty strong support on the last push down. Breaking that area looks to be imminent and we should see a pretty quick run down to the mid 136s when it is. I should be getting some sleep, but think I'll wait for this 4hr bar ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Mar 1, 2009
I can't guarantee that it will, I'm not a fortune teller. If you want, check out my blog. The analysis there is slightly more in-depth and I'll probably keep it more updated than I will on FF.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Mar 1, 2009
Ok, firstly, let me apologize in advance for the length of this post as I feel it may get long. I know I don't have any of those voucher things and not that many posts, but I generally do know what I'm talking about and feel I have some good input ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Mar 1, 2009
Just added to shorts at 139.05
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 27, 2009
Q, any chance you could post one of those mid time-frame divergences? I only see the 5min, not sure what I'm missing on say 15min or 1 hour. Thanks!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 27, 2009
I'll be holding shorts...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 27, 2009
Also, check out this simple, yet very significant GBP/USD 4 hour chart. Can you say REJECTED??
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 27, 2009
Huge bull trap here... lower MACD with this new high on 5min confirms bearish divergence. Could be last good opportunity for some great shorts.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 27, 2009
Just shorted 140.00, planning to hold through the weekend. I'm seeing same thing as you Quecee.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- PracticalPip replied Feb 26, 2009
Dow futures up over 100 points, should be an interesting day! LOL that's awesome!
EURUSD
- PracticalPip replied Feb 26, 2009
Guys, I was only bringing up USD/CHF because of its tendency to be inversely correlated to EUR/USD. I figure if this rising wedge breaks down again like the last one, we would see a large run up in EUR/USD. Sorry, I thought that'd be assumed, my bad ...
EURUSD
- PracticalPip replied Feb 26, 2009
Hey guys, I've been horribly sick and therefore haven't been near the computer in a while. I noticed this mini rising wedge developing on Swissy though, which is right below the large one that cracked to the downside. This is a 4 hour chart... This ...
EURUSD