Chart

Canadian Update (USDCAD, EURCAD, GBPCAD)

usdcad

Daily candle chart

USD CAD had a nice bounce off 1.08 .. I hate how it occurred while I was sleeping! Check the chart out... could see a nice pullback from the 1.8 level Need to be patient and see how the daily closes on this one. A target off this could be 1.15

The WoRmHoLe

Let's assume some things .. 1.) A top is soon to be in place for this rally. 2.) The market will pullback. 3.) A bottom has no formed in 1.36xx. Then... One of these may be forming, it's called a cup and handle reversal pattern. May offer a nice ...

Cable Update (GBPUSD)

I havent been firing off shorts yet. But a longer term 38.2 should be respected so who knows maybe this week we could see a retracement? I stated the 6470 level since it is todays daily M5 pivot point and this week's weekly R2 pivot, plus the 38.2 ...

Cable Update (GBPUSD)

Could break on the next test if there is one but anyone in their right fibonacci minds should expect a pullback from the 38.2 level. Await candle confirmation and we're off on some retracement.

Cable Update (GBPUSD)

hey .. sorry i wasnt on this morning.. had i been at my usual time i wouldnt have had a trade anyway since a move occurred in the early morning which i was obviously sleeping for lol

Cable Update (GBPUSD)

There is going to be large resistance against the 38.2 .. I see it maybe as high as 6470 but given the past few weeks she will probably surpass that level very easy. USDCAD had a nice bounce off the 1.08 level. It's too bad it occurred while I was ...

Cable Update (GBPUSD)

i dont quite understand what he's trying to say to me... the english doesnt add up .. something about getting it up though, i'm pretty sure i know what that is

Cable Update (GBPUSD)

you must be short somewhere lower eh? bad bad bad

Cable Update (GBPUSD)

maybe one of these could be in the works? url looking at the daily rang the bell for me

Cable Update (GBPUSD)

hey if the rally is to continue, then the 38.2 (1.6439)( retracement level from around 2.12 should cap the rally .. previous price did not close above this on the daily however price may seek out as high as 6800? the white lines just highlight two ...

Cable Update (GBPUSD)

I prefer candles as they are easier to read for me. The show the same information either way.

No Brainer Trades

In line with the weekly fib from top to bottom, the 38.2 is roughly 1.64xx ... This price area is contained within an old gap present on the daily and weekly G/U charts on 2003/09/14. The gap was about 100 pips so I see this as the target for now ...

Cable Update (GBPUSD)

Looks like 6050 capped her for now. I expect a drop from here with that 38.2 retracement in the way.

Cable Update (GBPUSD)

Man, it has yet to come near 1.60 .. why not wait to short as close to 1.60 as possible? Now you sit through a draw down for jumping the gun. I think she may get to near 6050, that's where I am looking to short.

Cable Update (GBPUSD)

This pair, and all pairs, react to 100-levels... Depending on what force is stronger, supply or demand, will determine what the market does around 1.6000/50

No Brainer Trades

Well, 1.6000 and then based on the monthly 1.6030/50 area. Alot of pairs are approaching significant levels, hopefully they all play out.

No Brainer Trades

Nice call boys Wish I were in with you but Im short aud/usd

Cable Update (GBPUSD)