Hey Grashid, I am not convinced of the short to this level yet. 1120 & further 1117 would need to break and hold for me to look to Breach 1090 and furthermore test 1060. Flipping my bias bearish. Dollar may need to take 81 to push XAU thru 1060 in ...

Grashid- Gold Analysis

What I was getting at is although a pattern may well appear on a lower tf, then later looked at on higher TF it may be or could appear either non-existent or invalid. I took that trade based on the pattern and the prior breakout then zig zag down, ...

The WoRmHoLe

The pennant form on cable just broke bottom support

Cable Update (GBPUSD)

A morning or evening star is of more significance on the daily or weekly, trends change all the time on M15, not to say they cannot be spotted, just more static, when looking for stuff like this, look at it like this, How many m15 candles make one ...

Cable Update (GBPUSD)

It turned out to really just be a great scalp! losing steam before retesting 5380 Closed Shortly after 70 pips lot 1, And the other lot around 30. This position made up for last nights failed short as well Not sure if cable can break and hold 5400 ...

The WoRmHoLe

Not sure whether this would be wedge continuation or bullish pennant, found using m15 and simple trendlines, nevertheless spotted this pattern on cable and entered long if she takes out 5380 may continue to soar the lower entry is @ 70 pips, here is ...

The WoRmHoLe

edit: Wedge continuation--- holds true so far and spell breakout for cable saw this one forming and caught the long! sorry for not posting sooner. clearly visible on M5 and M15 lets see if it can take out 5380... not really a pennant...

Cable Update (GBPUSD)

Hey WB, so does this mean you are flat cable? Curious to what your bias is at this point. Thanks! X-

The WoRmHoLe

why exit now? the fun is just beginning - never a bad idea to book pips tho - in the end up to you! Good luck!

Cable Update (GBPUSD)

Hey all, I am new to ichimoku, but it seems the cable has broken thru the top of the cloud with first a spinning top and now a bullish candle on the H4. Perhaps someone would like to elaborate~!?! thanks!

Cable Update (GBPUSD)

Hello Grashid, Notice - slightly apparent in your second chart, the falling wedge - this pattern is seen most clearly on a 5 year chart. I will post it later on it has continually repeated itself in Gold Charts long term. Bullish Signal to me. We ...

Grashid- Gold Analysis

They use the actual Foreign Exchange. They are "On Exchange" Similar to how an ECN works. The trades are blind, (meaning if someone) sell 2 bn cable, the buyer does not know who the seller is. Foreign Exchange players consist of Central Banks, ...

What forex brokers do billionaires use

This range has got to break!

Cable Update (GBPUSD)

Current fight to sustain purely psychological level of .5000!!! Bears are taking step in.

Cable Update (GBPUSD)

Wormboy how goes it? Trust you are trading well! Long? I think from prior posts? Or looking for next short.

Cable Update (GBPUSD)

Funny artice! I am the first to laugh when the US says "surprise" job losses are higher, "surprise" etc. However, It is important Fundamentally that we realize essentially EUR/USD is 2 Economies in TURMOIL. Same with Cable..... Thus - One poorly ...

EURUSD

Euro dubbed 'worst-performing currency' by strategists — some reading? I found this article interesting and thought I might share. Euro dubbed 'worst-performing currency' by strategists url

EURUSD

Breakout is imminent. 4986 (Psych 5000) does not want to give so easy to the bulls. Further range always a possibility. Keep an eye on Bollinger bands, the tighter the constriction and higher the TF the more explosive the breakout (Usually) Where is ...

Cable Update (GBPUSD)

Hey Euro Buds! I see the loudmouth is gone.... Yep London is still falling! Some brief commentary on EU zone debt / Greece / other members. if interested url That Afternoon session NY was dying to be shorted!

EURUSD

At this rate us from the US will be going to London and buying up all those "posh flats" soon!!! 3900 here we come! OK fun aside .5000 primarily psych level proved to be just that and was blown through on last nights move. Cable now hovering just ...

Cable Update (GBPUSD)