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Orbital replied Mar 1, 2011Hhkanus there is no distinct supply level and the timeframe is to short for this to be a H&S. Trade your plan and disregard my comments, im just scalping on AUDUSD live one pip at a time, but i do have my eurusd longs and gbpusd longs on the trading ...
Price is everything
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Orbital replied Mar 1, 2011Area certainly isnt pretty (my area) but its valid nonetheless, im favouring longs so i guess we will be at opposing ends
Cable Update (GBPUSD)
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Orbital replied Mar 1, 2011its fine, take off 2/3s after a while and let the remaining third run so that whatever happens youre atleast 1/3 in profit
Price is everything
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Orbital replied Mar 1, 20114 mins till NY opens, compression is looking really good with that pin right about now =/ well its 50/50 isnt it
EDIT: As red said, ive already accepted the loss 
Price is everything
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Orbital replied Mar 1, 2011those drops on GU are werid to say the least, i have a bullish sentiment targetting 64-66
Buildcity in 2011 ~ Trading Journal
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Orbital replied Mar 1, 2011The issue with AUDUSD is the its trying to make historic highs now... now if this succeeds ill have a problem because swingtrades will become ridiculous in both directions since you only have data for one direction. But scalping will remain insanely ...
Price is everything
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Orbital replied Mar 1, 2011Shorting without compression around that level will be dangerous, ive discussed this with some people. Be very careful this week, ive posted in red thread that if this doesnt hit 1.40 within this week or next week then bulls are ultimately done ...
EURUSD
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Orbital replied Mar 1, 2011This is going to be brutal for shorts if this unfolds image
Price is everything
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Orbital replied Mar 1, 2011This is going to be brutal for shorts if this unfolds.... Scalping AUDUSD and silver today, staying away from eurusd and gbpusd. Had a longtrade last night with a 20 pip stop.. collected 20 pips in profit... not happy with the way it went to be ...
EURUSD
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Orbital replied Mar 1, 2011Yes and its still not compression, check reds old charts, if you see 15m and 5m spiking down while rising continuously, preferably after a flag, thats compression.
Price is everything
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Orbital replied Mar 1, 2011This is not a data thread or a chat thread but when red isnt around we can sneak in some chats
UK data was unexpectadely good... net lending increased by a shitton, moneysupply is good... this is really good news for gbpPrice is everything