Recent content by Chelski

Cable Keep an eye on this level. 16700. While not confirmed this week, we are struggling to move above this level. I will be looking to go short off this, Upside risk would be a stop above 16700level and i would be looking for 2 or 3-1. There is also the fib level 50% that is holding well.

Ascending Triangle? Break out of 16750? Plenty of UK data at 9:30 and inflation at 10 to act as catalyst.

Hi All, Been busy doing my day job. Cable looking to move up here. Trend is up, HH and LH. Also look at hidden divergence on MACD on the last 2 lows. I will be looking to go long on break of 16700 level.

Re entered cable short 16513 set limit and closed +30, as i type she is reversing again!

I thought i was going to come gack and find 40-50 pips there, 16520 level gets taken out and no follow through. Still if you look at this market to scalp, as long as you get your levels right you can take 10-20 on several moves today.

these markets are so volatile, went short 16518 cable, stop to BE 20 pips clear and bang reverse. Take your profits in this market!

Euro$, Will 61.8% Fib lvel hold? Doing a good job so far.

I was out +10, new it would do more but I couldn't stay on line. Next time I'll set limit and stop!

Dentist, I had several support lines on various time frames, 1h and 15m showing divergence. 14770's is also a fib level. I fancied the bounce. Tight stop for a quick 1:1.

Euro$ Looking to make 50% fib level on daily. I have support on 4h at 14777 and 14761 on 1H. 1H is also showing divergence on MACD with yesterdays swing low. I am looking to go long here soon. Long 14777 Out + 10, dinner and pick the Mrs up from Heathrow. Goodnight all

Hey WS, Did you take the $Euro short? Just got in, look at the 1am candle in 1H chart, Pin bar! As i type we are 14 or so pips of the 38% fib on my daily chart. Wish i had been around!

Packed mine off for a week in the sun! Have a good weekend off to Football.

Thanks WS, note also we are geting some divergence on the daily. Very tight range on Friday, is the market coiling up? I will be looking for a reversal pattern on 4H and 1H off the 15050 level to go short. Nice pin bar with its tail at 15050 and close at 15000. 50 point stop and look for 2-1...

$JPY Is there a bit more in the tank? Closed above 38% fib, All other time frames starting to show regular divergence, if we stall at this level we re getting hidden divergence on the daily with the double top we formed on Friday. 9200 was a strong resistance level all day Friday so it holds...

Euro$ 3 Days to break 15050 level. Key level to watch. if we break lower 50% fib level is close to previous resistance / support area. I think this may need to play out longer but keep an eye on this level.