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clockwork71 replied Jul 21, 2015This is an example of when I will use short-term charts. Granted, 4 hours isn't exactly a quick chart, but it isn't daily - which I prefer. This is the NZD/USD pair, and as you can see we are starting to see shooting stars. It is with the overall ...
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clockwork71 replied Jul 20, 2015Thanks for the support. However, the one thing that I would stress is this: It's a long-term situation. Take your time.
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clockwork71 replied Jul 20, 2015Just wrote something for the blog you should take a look at: url
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clockwork71 replied Jul 19, 2015Yes, I think the chart coincides nicely with $50 oil. (WTI) I think we are going to see a major move soon. Will let the market tell me which way, and simply follow......
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clockwork71 replied Jul 19, 2015I am not too worried about fundamental analysis, no. I mean I do pay attention to the general attitude of the markets on a particular currency or instrument. The people that worry too much ab out the news in my opinion often find themselves chasing ...
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clockwork71 replied Jul 16, 2015Here is without a doubt the most interesting chart in the Forex world right now as far as I can see......the USD/CAD monthly. The 1.30 level was where the pair stopped at during the financial crisis from a few years ago. This area is massive in it's ...
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clockwork71 replied Jul 16, 2015I get mine from Oanada, but to be honest - all price action is acceptable. What I mean by this is that support is support, and resistance is resistance. Because of this, I would urge you to not get too worried about the closing time of a candle, but ...
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clockwork71 replied Jul 11, 2015I can't see the far left of the chart, but I think you sold the USD/SEK pair, and bought the IBM stock.......based on that: I am not sure about the USD/SEK pair. I think that it will eventually fall, but a lot of times the trend changing is a messy ...
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clockwork71 replied Jul 9, 2015Here's a fun chart: 30 yrs of silver London fix pricing. There is a trend line and horizontal support coming up at roughly $15. With this, I am going to buy more physical silver soon. The US Dollar is overvalued at the moment in my opinion, and as a ...
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clockwork71 replied Jul 9, 2015Just read something that I posted ages ago. Take a look, its actually good. (Sometimes the sun will shine on even a dog's ass.) url
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clockwork71 replied Jul 9, 2015I like going long USD/JPY at the moment, mainly because a lot of this pull back was due to the EU situation, and there are now reports that the Greeks are starting to rethink the "no" position. Any good news should send this pair higher, as it is a ...
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clockwork71 replied Jul 8, 2015I have said this in the past to several people: If you start out with a small account, you can always add to it every month or whatever. It compounds, like any other account. Nice looking trade. Chris
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clockwork71 replied Jul 8, 2015The first question isn't that easy to explain, but in essence, you have to trade with a little wider stops in sideways markets sometimes. To be honest, using a higher time frame chart can help in sideways markets. As far as risk is concerned, you ...
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clockwork71 replied Jul 6, 2015The answer is that I will use the appropriate stop loss levels based upon the weekly S/R lines.......
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clockwork71 replied Jul 3, 2015Gold markets formed a hammer on Thursday, but then tried to break out above it on Friday. There wasn't much in the way of volume obviously, as the Americans are celebrating Independence Day. Now that we have this set up, I think that a break above ...
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clockwork71 replied Jul 3, 2015I still think that the USD/SEK pair is trying to turn around and start selling. I think it will be a bit volatile, but the pair looks as if it is trying to follow the channel. The 50 EMA is starting to cross the 100 EMA, which is the first sign of ...
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clockwork71 replied Jun 29, 2015Honestly, the start. I mean, there are a lot of good ones from time to time, but a lot of crap too. :-) Truthfully, I just got back into the forum itself recently. I have still been trading, but really busy. Welcome, and feel free to ask questions.
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clockwork71 replied Jun 29, 2015I agree......however I am trading smaller positions at the moment...... It might be the end of summer before we break out, but we should eventually get higher than 125..... Chris
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clockwork71 replied Jun 29, 2015More Greek nonsense. In the end though, you can see they are trying to buy Euros again. This came down to the sides not reaching an agreement over the weekend, and with the closing of Greek banks.....never a good sign. However, they will figure ...
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clockwork71 replied Jun 28, 2015Yeah, I would say another thing to never forget to look up is the various central banks. For example, a lot of the info I got on the Rand was directly from the S.A. central bank site.
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