Oh yes of course, the fat lady has not sung yet. Would like to see a nice clean break of the falling wedge to confirm the pattern that's there in black and white. Would actually have preferred it to hit monthly support first. If it doesn't and ...

EURUSD

Keep em coming my good man Nice one ak. I could use some of that floss

Cesarnc's market talk, gossips, rumours & fun

I was wondering how it went bud. Told you that these damn formations have a nasty habit of false breaking. Great to hear you didn't get slaughtered and got out at BE

james16 Chart Thread

Still holding firm on it for now.

EURUSD

Yes, I also think (gut feel) that we'll at least have a crack at it. Gut feel is not the way to trade though.

EURUSD

It's a descending triangle alright, very bullish. Threre's one forming on the weekly too. 1.27 was supposed to be strong, looks like false break of that. Still bullish until the charts show me otherwise.

EURUSD

As I've been calling all week, still think we could see a break up out of this daily falling wedge. Price sure had a crack at it. Next week should be interesting. Hope you all have a great weekend.

EURUSD

Well, looks my theory of gaps closing within the week still holds true. Crazy move up before the weeks end.

EURUSD

Ignorance is bliss hey

EURUSD

Hope that works out well for you, good positioning and a gap to close in your favour. AU has been hanging on support for a few days now, might be in for nice ride up!

james16 Chart Thread

Nice one, be careful of a false break on that one though. It's a rising wedge and suggests a move down (notorious for false breaks up). Keep a close eye on your profits!

james16 Chart Thread

Figured out who Steve Nison is yet? Here's a clue, your chart wouldn't look that way if it weren't for him

EURUSD

Hey, there you go. Someone who looks at the hourly chart can tell ya.

EURUSD

Yes, you could derive a successful system trading EU gaps. High probability. Only problem is risk/ SL. How far away can you afford to go before you're stopped/margin called

EURUSD

The fall from yesterday is still at this stage a retrace of the stronger move up before it. As for the 1.2625, it has no meaning to me. With the gap, it is certainly not a rule to follow if you scalp. Longer term traders do however take note and are ...

EURUSD

My flight is leaving, see you soon image Think I'll get there by Tuesday?

Cesarnc's market talk, gossips, rumours & fun

You lucky SOB cesarnc!!!

Cesarnc's market talk, gossips, rumours & fun

No, missed pivots mean nothing. Gaps on EU are more likely to be closed than any other pair. Some say it's 80% of the time generally, I'd say a lot more for this pair. Once bitten, twice shy trust me

EURUSD

I will be waiting for a break of the Oct 08 lows as confirmation. Once cleared, there's not much stopping it until 1.16.

EURUSD