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pipsane replied Oct 29, 2013Nice double top pattern is forming on GBPUSD higher time frame. This pattern should be traded after meaningful break of level 1.5893 to the down side.
Cable Update (GBPUSD)
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pipsane replied Oct 29, 2013Bullish Crab and Butterfly on top of each other...
Cable Update (GBPUSD)
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pipsane replied Oct 29, 2013By itself it might give that impression, but applied correctly with understanding of supply and demand, psychology, and sentiment, it makes sense a lot of times. BTW money management is a key component of strategy.
EURUSD
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pipsane replied Oct 29, 2013Once the 1.6155-60 level is broken we will expect that GBPUSD to start the down trend. Levels 1.6114-1.6118 and 1.6155-1.6160 are good places to open short position and join that trend.
Cable Update (GBPUSD)
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pipsane replied Oct 29, 2013EURUSD slowly drifting down. Lower highs and lower lows on intraday charts on the way towards 1.3740. 1.3795 is the first place to observe short term timeframes in search for entry spot. Another place to take a short is below 1.3775 and trendlines. ...
EURUSD
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pipsane replied Oct 28, 2013Level 1.3790 on EURUSD seems to be in play right now and if defeated we should see move at least towards 1.3750. We’ve seen lower high on the pair on Friday and early Monday, so unless longer consolidation seen around 1.3790, that corresponds to ...
EURUSD
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pipsane replied Oct 28, 2013Looking at the potential head and shoulders formation some interaction can be expected around 1.6160-1.6155 level, depending how the situation developes we will be looking for a short position at this level. If the level gets defended we will look ...
Cable Update (GBPUSD)
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pipsane replied Oct 25, 2013Yesterday during both sessions we could see how GBPUSD was trying to break 1.6162 level and go down. Now when that level is defended we’ll be looking for a long possition at 1.6175-1.6180 level, eventually at 1.6160-1.6165 level. On the other hand ...
Cable Update (GBPUSD)
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pipsane replied Oct 25, 2013After strong move to the upside on Tuesday EURUSD had problem to break through 1.3790. Yesterday that level was defeated, but EURUSD started to consolidate a step higher between 1.3790 and 1.3830. Expectations of deeper correction of a move from ...
EURUSD
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pipsane replied Oct 24, 2013After yesterday’s drop down GBPUSD defended 1.6114. Today we expect the currency will try to break 1.6156. In this situation we will be looking for a long position at 1.6180-1.6185 and if 1.6224 level will not get broken on the first attepmt again ...
Cable Update (GBPUSD)
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pipsane replied Oct 24, 2013EURUSD broke out to the upside in early european session. Looking for a long trade on the retracement at 1.3790. If this level will not hold we expect downward move towards yesterday’s lows (1.3740-50). After significant break of 1.3790 – take a ...
EURUSD
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pipsane replied Oct 23, 2013EURUSD – after quick move to recent tops: Short @ 1.3790 – if broken – Long on @ this level on the retracement. Other level to watch – 1.3765-1.3770. REMEMBER about good money management strategy. SHORT in profit already - gotta love the quick moves!
EURUSD
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pipsane replied Oct 23, 2013During the european sesion GBPUSD didn’t break through 1.6114 , if it tries again we will be looking for a long position at this level. On the other hand short at 1.6180-1.6185 level and if price breaks through it will be looking to take a long ...
Cable Update (GBPUSD)
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pipsane replied Oct 23, 2013US session is about to start. After correction during european session to 1.3740 EURUSD started to move back to the upside. Breaking through 1.3763-1.3770 is crutial for further move up. If M5-M15 short term price action shows potential to defend ...
EURUSD
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pipsane replied Oct 23, 2013that is so true. it's one of the reason I like to take quick trades
Cable Update (GBPUSD)
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pipsane replied Oct 23, 2013I use url for PA analysis and setups and url - which is their new website.
Cable Update (GBPUSD)
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pipsane replied Oct 23, 2013Maximum 8 trades / day, profitable - only one. Price action setups
Cable Update (GBPUSD)