Euro 4HR technical levels for the week of Jan 29th — The chart below shows the trading range that the eur/usd has settled into so far for the month of January 2007. We have a week filled with key data ahead. A solid break of either of these ...

Technical Analysis and a few charts to ponder

Thursdays Euro Channel Break — Here is an updated chart with thursday euro bear flag break out. Typical the target for such a break out would be the width of the channel. The width of the channel in this case was 100 pips. As you can see on ...

Technical Analysis and a few charts to ponder

I'd say that turned out to be the trade of the day. I waited for the break short to sell but I am going to hold it and see if it develops. Here is an updated chart of the EUR/USD showing the breakout. We'll see if it can manage any follow through.

Technical Analysis and a few charts to ponder

Euro still channel bound — Here is an update of our euro 4hr channel. As the chart show the eur/usd bounced off of the bottom channel line.

Technical Analysis and a few charts to ponder

Oh yes, that was the mac daddy GBP/USD trade right there. It is rare that such a good trade is so obvious on the charts. I hope you made good money on that set up.

Technical Analysis and a few charts to ponder

Hello Matt, There is a pretty good description on the origions of and my technique for drawing what I call price channels earlier in the thread. I don't think you will find anything on the web regarding those price channels. I have not yet seen ...

Technical Analysis and a few charts to ponder

And finally the Euro still in its channel

Technical Analysis and a few charts to ponder

The pound

Technical Analysis and a few charts to ponder

January channel updates — Well the question this morning was which breakout did we believe. The USD/CHF or the GBP/USD. The winner was the GBP/USD. The GBP/USD extended its breakout 100 pips downword while the USD/CHF crept back up into the ...

Technical Analysis and a few charts to ponder

WHO DO YOU BELIEVE? / Pound — Pound 1 HR

Technical Analysis and a few charts to ponder

Who Do You Believe? / Euro — Euro 1hr

Technical Analysis and a few charts to ponder

Who Do You Believe? — Here are updates of the 3 channels we have been monitoring. The eur/usd, chf/usd & gbp/usd. Since all 3 of these pair are crossed with the dollar I typically look for rough corrollations between the 3 to determine the ...

Technical Analysis and a few charts to ponder

No, Unanimous would be positive. 5/4 means they barely got it done and next time chances are slim.

UK GDP Jan 24

Yep, Minutes stole the show

UK GDP Jan 24

Solid strategy.

UK GDP Jan 24

The pound and its propensity to overshoot a move — Here is an interesting 1 hour chart of the GBP/USD. What makes this chart, and the pound in general so interesting and irresistable is it daily range and it's characteristic of overshooting a ...

Technical Analysis and a few charts to ponder

I try not to get too hung up on "catch numbers" I know that the big 2.0 is great to talk about but that is not likely to determine the value of nor the turning poing on the pound. I have bloomberg on most days and they are always hung up on some ...

Daily Cable Analysis

Suisse Franc range breakout — Unlike the eur/usd which maintains the appearance in my charts of failing to escape its consolodation channel, the USD/CHF has the obvious appreance of a breakkout short. This chart has sell written all over it. ...

Technical Analysis and a few charts to ponder

Euro 1 hour channel — Here is the current euro 1 hour channel which defines its trading range. A breakout north would likely indicate a general sentiment change and time to swing long. There is also the possibility that this is merely a bear ...

Technical Analysis and a few charts to ponder

Thanx Turbo. This is just not one of those bonzer threads. Seems like I get more PM's about this thread than posts. LOL Not sure why.......

Technical Analysis and a few charts to ponder