GBPUSD- the support is as the 80 level for anyone looking to bplay the break.

Momentum Trading- Majors

good morning everyone... Crude has broken above the daily pivot and we can see the cross of the 1hr 20ma & 1hr 50. An upside target of 102.75 if it can hold the 5 min 20. Gold is boxed in between the daily and weekly pivot. A downside break of 878 ...

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hms image Member Member Since Aug 2007 Posts: 94 image silver update Quote: Originally Posted by hms image Hi guys and girls, With gold looking weak, think this silver could be a player.. have a look at the Silver daily chart. It's finding ...

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Hello sir, and well done on that trade. I closed it at my first target due to gold not moving at first. EUR did go another 50 points, but I´m happy with that. Well done for anyone holding this Just got back from lunch and can see that this would ...

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eurusd closed — This has been closed at 1.4305. Just 45 pips on that one, but daily target is 50 so not too bad.

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eurusd order been kicked in at the 50 level

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closed gold with + 10. Crude is not playing ball

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EURUSD has a nice support line on the 4 min chart. A break of 1.4350 would look weak for this pair, with the 1st target at the figure. The 252 CCI confirm we are in a down trend, would be nice if gold would continue its move south if this move is to ...

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gold closed — With crude finding support, I am slightly conerned about gold but I will hold it with the SL at break even.

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With the 252 CCI just crossed from positive, after being up there for so long, I still like it lower. Just a small green candle on the 5 min chart, think this may retrace slightly as crude has found abit of support of the weekly s3 pivot. SL at ...

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gold update... — making a lower low... target of 890 in sight

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good morning everyone, Just been setting up my new computers with a few more screens to make life a bit easier. With crude continuing it’s move from yesterday gold could be a nice player. Have a look at the 5 min chart, where the price has broken ...

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I'm working on setting up a live chat room for trading. It should be alot easier than trying to blog and trade at the same time. Let me know if anyone is interested. Regards H

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Did anyone take any of these trades?

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cable — With cude finding a bit of support and gold trying to test the previous high, if I was in cable, I'd be looking to take some profit if not close the position around here. :-) Regards H

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Silver chart... Regards H

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silver update — Hi, I mentioned this a few days back. It looks like it want to re test the 1hr 200 so may just hold this one.

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Although I have closed GBPUSD, it still looks weak. Maybe a few more pips in it if anyone is still holding. There is some support around the 1.7920 area to be aware of.

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Hi Rialto, Say if you had a 200 channel and the price suddenly broke out to the upside following a 180 point move. I wouldn't want to just buy on the break. The reason for this is that X has just moved so much in a single move without a retracement. ...

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Crude 101.90 to 99.90... 200 pips EURUSD 1.4500 to 1.4350... 150 pips GBPUSD 1.8265 to 1.8075.... 200 pips Not a bad start to the week. Think it's time for a swim and some breakfast.

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