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smikester replied Mar 4, 2020Welcome back Karmostaji. I was browsing some charts and as you know, I like lines to trade off. Here I found a falling wedge formation: image ***This is a reversal formation and may just provide a retracement to 140, or around there, perhaps ...
GBP/JPY
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smikester replied Mar 4, 2020image An easy trade this, if it works out: image Someone, a respected trader, once told me that a good trade was off the lowest low in these patterns. Safer and a well defined risk. As far as targets are concerned, why not 62? Or lower? image
AUD/JPY
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smikester commented Mar 3, 2020iphone achilles heel - battery life.
Apple agrees to $500 million settlement for throttling older iPhones
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smikester commented Mar 2, 2020Although I'm flattered that you replied with such s long answer, you have missed the point completely. Sure, there are lots of brokers and retail traders. But they form a very small proportion of the market. Don't you know that?
Why EUR/USD is Rallying… and What Could Cause it to Stop
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smikester commented Mar 2, 2020Do not make stuff up. Try reading the news instead of fuelling paranoia in retail trading circles. Do you even know what proportion of FX trade is retail? Is the Fed going to cut rates? Do you know? Is the ECB going to cut rates?
Why EUR/USD is Rallying… and What Could Cause it to Stop
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smikester replied Feb 27, 2020Haha! Quite brilliant. I googled this also and some of the Urban Dictionary explanations are genious... Must remember this kind insult.
EURUSD
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smikester replied Feb 27, 2020This has been a gentle down trend since May 2018. I may cover some longs at 1.0950. This is where I expect some consolidation and perhaps a reversal at 953 - 981 area. And there is a January low at 1.099. Lots of potential pivots. May release some ...
EURUSD
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smikester replied Feb 26, 2020Whether I agree with the sentiment or not, a chart to explain what is seen is key. You are much appreciated here, believe me.
EURUSD
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smikester replied Feb 26, 2020Shorting here, above London open and in the London session is crazy unless it is some sort of quick scalp. I'm long since 21st and I'm staying long because all my stops are in profit. This will probably retrace more, even if the downtrend remains. ...
EURUSD
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smikester replied Feb 25, 2020Vedo il tuo profilo come il Brasile ma parli italiano?
GBP H4 Breakout
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smikester replied Feb 25, 2020OK. This is going as planned. Consolidation under 1.0879 leaves a directional choice. A daily close over this area will confirm the long trade hold/add and further capitulation/profit taking of longer term shorts, accellerating the long trade. ...
EURUSD
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smikester commented Feb 25, 2020Interesting you should choose UsdCad. Traditionally in forex UsdChf has been used as a rough guide to dollar strength. Even with Swiss interest rates negative the US dollar has failed to maintain parity with this currency and if you go back further ...
Take Five: "Our currency, your problem" - all over again
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smikester replied Feb 18, 2020Did you just LOL? So last century. Do you feel the need to wade through a constant tirade of translated gibberish? You sound really angry. Call me old fashioned, then, cause I call it being polite, especially to people who's first language is not ...
Cable Update (GBPUSD)
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smikester replied Feb 18, 2020You can draw channels in various ways, but there is nothing wrong with this one, where we broke and retested the channel: image
EURUSD