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- twofeet replied Aug 2, 2013
my goodness, look at that massive ejaculation
- twofeet replied Jun 19, 2008
That's a pretty risky trade with price already near 2 TLs, be sure to keep your SLs tight. You can see many sellers already at 1.9700. I'm shorting on divergence between 1.9700 ~ 1.9750...
- twofeet replied Apr 8, 2008
GBP/USD is ranging between the two trendlines atm, and will continue to do so until a clear breakout. Same story with EUR/USD. Which side depends on news today, but it's a downside bias for me, with a breakout expecting to re-test 1.9747.
- twofeet replied Apr 7, 2008
Just learning how to use andrew's pitchfork and must say i'm stunned at how price has jumped off lower band of pitchfork so accurately. Re-test of 1.5900?
- twofeet replied Apr 6, 2008
Well... it's certainly looking down right now. Price has crossed lower band of the up channel, and moved into Daily S3 (1.9890). It might run up back a little to 1.9920ish and head back down again. Looking at 1.9737 strong support as target.
- twofeet replied Apr 6, 2008
It would be great to hear from some of the more experienced traders here, especially those who consider both fundamental & technical PoVs. I think news are 'breakout' movers, from the fib, S, R lines. The technicals pave the path for the price to ...
- twofeet replied Apr 2, 2008
Some thoughts... news Coming Up: 1. Non Farm Employment 2. Bernanke speech Right now, price simply retracing up. typical GBPUSD action. Look at Daily, price has been falling for past 4 days, need to retrace. Option (1) If news is US bad, price might ...
- twofeet replied Mar 27, 2008
This is looking quite bearish with R1 as resistance. Notice the increase in volume (shorts), when price touched R1 previously. Daily also closed with pin bar... With the UK housing prices coming out... unless its shockingly good, this looks like ...
- twofeet replied Mar 10, 2008
I think this beast is just looking for an excuse to break the Daily R1. With a string of USD news coming out from Tuesday (e.g. trade balance, retail sales, consumer sentiment), and the USD interest rate announcement next week, I feel that bullish ...
- twofeet replied Feb 25, 2008
edit: sorry, realised this is a GBP/USD thread, i'm looking at the 3 pairs, but the thoughts below are on eur/usd I entered eur/usd at 1.4800. Looking at m15 chart, price has bounced off 1.4800, 200ema and bottom BB. Also, notice the high volume ...
- twofeet replied Feb 21, 2008
Don't think it's going up... see trading volume.. A good way to quantify expectations following a breakout is with the volume associated with the price breakout. If prices break through the support/resistance level with a large increase in volume ...
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