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PipTrapper replied Nov 29, 2013Perhaps a triangle? Similar to a falling wedge but the bottom trend line is horizontal. image Or... ABC Flat image
EurAnalysis
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PipTrapper replied Nov 29, 2013Okay so now that the fireworks (data releases) are over and done with, let's see where the chips fall. Printing wave 4 of 5 now... Or maybe 5 of 5 is already in, but I doubt it very much. As always, time will tell. image
EurAnalysis
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PipTrapper replied Nov 29, 20131.6320/30 is still strong support., but it's looking very mixed to me the way the H1 candles are closing.
Cable Update (GBPUSD)
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PipTrapper replied Nov 29, 2013Perhaps you should not put your stops where everyone else puts them

Cable Update (GBPUSD)
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PipTrapper replied Nov 29, 2013If you want to see why E/U is going up, you only have to see that USD is flat and the E/J is rallying. This is not only about economics. This is about central bank meddling... More specifically the BOJ and the Fed because the ECB is doing nothing. ...
EurAnalysis
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PipTrapper replied Nov 29, 2013Good morning all. Another look at Cable. Seems to be playing out. image
EurAnalysis
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PipTrapper replied Nov 28, 2013Hi Brit. My sentiment also. ECB meeting is next Thursday and I am sure they will either make an announcement of further measures, or they will be extremely dovish and strongly suggest that action is coming soon. That's the only way they stand any ...
EurAnalysis
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PipTrapper replied Nov 28, 2013Looks like accumulation to me (bottoming in corrective structure). Getting ready to start a launch. Volume bars confirm it.
The Club!
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PipTrapper replied Nov 28, 2013GBPUSD - The ratio of long to short positions in the GBPUSD stands at -4.36 as 19% of traders are long. Yesterday the ratio was -4.47; 18% of open positions were long. Long positions are 4.1% higher than yesterday and 19.1% below levels seen last ...
Cable Update (GBPUSD)
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PipTrapper replied Nov 28, 2013Is that taken from only today or is it measured over a span of the whole week so far?
The Club!
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PipTrapper replied Nov 28, 2013It has worked most of the time so far, so it must help.

Cable Update (GBPUSD)