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    • Ill-b-back replied Nov 20, 2011

      [quote=Rom-pom-pom;5149681] If you look more closely, I was replying to rafiqhidayat who was replying to your post. ie - Using your chart, the threat of an inverse H&S pattern is still... (from rafiqhidayat)

      AUD/USD
    • Ill-b-back replied Nov 20, 2011

      I also recently saw that Oanda have emailed their clients recommending they stay on the sidelines for the moment while Europe sorts itself out. This is complete BS if you ask me. I think they know it is going to drop like a boulder.

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 20, 2011

      Yep, I agree, looks good. If that neckline breaks, we are looking at a significant drop of upto 1000 pips or so to possibly 48ish eventually IMO. Everything technically and fundamentally tells me to sell on validation.

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 20, 2011

      looks like a bear flag to me. A bit messy as there is room for another rise to the 4 hr trendline. If it doesnt happened, I am definately selling the break of the flag as everytime frame (from the Monthly to the 30min) 55 and 200 ema's are a roof ...

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 20, 2011

      Bearish? — I can't help but feel we will see 1.5190 next stop. We may climb a little higher before the drop but we have just retested the 4 hr 200 and 55ema, Daily 55ema with the weekly and monthly emas above us. Gold and silver rolling over ...

      Cable Update (GBPUSD)
    • Ill-b-back replied Nov 20, 2011

      Still looking quite bearish to me — this pair is still looking quite bearish to me. Looking to retest the 38.2 retrace around 9150. All of my momentum indicators seem to indicate more downside, along with the bearish divergences and double top.

      AUD/USD
    • Ill-b-back replied Nov 19, 2011

      [quote=rafiqhidayat;5149355] I just hope Greece doesn't exit the Euro and reclaim its own currency. Europe is being absolutely swamped with debt across all core countries and bonds are becoming very expensive. Personally, I wouldn't touch europe ...

      AUD/USD
    • Ill-b-back replied Nov 19, 2011

      I understand how you feel. I chose a 45 pip SL on a losing sell trade. I was unhappy with its position but was hesitant to raise it above the next high as it would have been an 80 pip SL. I am learning that risk has more than 1 dimension. If by ...

      AUD/USD
    • Ill-b-back replied Nov 19, 2011

      Europe still a complete mess — I would not be at all surprised to see us reach 92, 91 before some temporary solution comes out of Europe. The Dow is headed lower, the Dollar index is currently retesting support at 78 before climbing for a ...

      AUD/USD
    • Ill-b-back replied Nov 18, 2011

      300 pips and 15% growth this week I strongly feel we have a lot more down side to come. This pair has been squeezed for a while now. We have hit parity as some of you predicted for this week. Next week is likely to be choppy at least for the ...

      AUD/USD