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jack.canadia replied Jun 19, 2009Ipips good man .. thats how you buy after a break out. Wait for a dip an re-test Your position has a high probability of success if the breakout of that triangle is true. I would hold it and keep a stop at about +10
Cable Update (GBPUSD)
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jack.canadia replied Jun 19, 2009I might close is soon. But, My TP would likely be 6200. I wont let this go against me, not at these levels .. it may just turn into a scalp, at least that was my intention
Cable Update (GBPUSD)
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jack.canadia replied Jun 19, 2009Hey guys .. 2-hour doji formed plus potential 2-hr shooting star in GBP/USD brewing.. no chart just check your own. This is bearish against the daily R1 pivot and 6500, plus resistance in the 70's
No Brainer Trades
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jack.canadia replied Jun 19, 2009If the daily, and thus weekly, closes below 6430 .... I see this as very bearish.
Cable Update (GBPUSD)
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jack.canadia replied Jun 19, 2009Watcht the euro too .. its cant beat 1.4000 again.
Cable Update (GBPUSD)
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jack.canadia replied Jun 19, 2009Nice little break out I see! Let's see if she can hold .. The best long now imo is a dip to 6400 .. Daily m3, a 50% and the upp trendline.
Cable Update (GBPUSD)
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jack.canadia replied Jun 19, 2009Im off to bed.. see some of u for this freaky witch friday! lol
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009Ya since its at the end of a bull run it is a bullish pattern. But we have seen anything and everything happening so a break either way will tell the story.
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009Ya he is a bit harsh eh haha .. dont take my comments to heart .. I like to ask alot of questions and VSA is appealing to me.
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009volumes work well in stocks .. bars with low spread on high volume almost always signals tops and bottoms and reversals ..
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009For those of you that use the Dollar Index, here is some info that supports a bearish view. It sometimes helps to compare the inverse chart of the dollar index to the G/U chart in terms of closing price to see any discrepancies in the strenght of ...
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009Doesnt that show that volume increased on the down move??
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009if you dont like the position exit now with profit!
Cable Update (GBPUSD)
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jack.canadia replied Jun 18, 2009Sitting under daily pivot, prior HS neckline and a 38.2 .. hourly looks to be closing bearish as well.
EURUSD