Recent content by AlexBB

For anyone interested :Copper (May) : A daily pin has formed off resistance

USD/CAD We are close. this is a big Resistance line

hmmm.. its bounced off the EMA (daily chart) and formed an inside bar. I will look to see tomorrow if it breaks to the upside or downside

Gold Anyone noticed this... Gold is getting closer to its 365 day EMA (daily charts). When it hits the EMA, it seems to bounce right off it. Keeping my eye on it.

Double top has formed on the daily Bund (March). The second is looking like retracement bar too. Will keep an eye on the hourly for a possible entry

I have read that they are a potential setup. But I dont know how you would trade them. At what point would you enter after the second bar has closed. Can anyone tell me or direct me to a thread where this has been discussed. thanks

collection of hourly PB's have formed on GBP/USD.. could be taking a breather before continuing downward trend

Ok its dropped to 94.26..moving stop to breakeven..i want to leave work early..

hourly pinbar on CHF/JPY. Bounces off Resitance at 95..hits the trendline too. Stop loss at 95.05. Will move stop to break even at 94.2

Trading method Thanks for your answer - its very useful as I am right now involved with developing some sort of trading methodology (trying to keep it simple)..I'll keep a look out for the CG method...while I am trawling through the message boards.

Cocoa on the up And you have been laughing evern since JoC !!! On the chart you put up, I note that it uses the 18day MA. What other indicators and methods do you use? Why fof instance sis you call teh bottom there and not teh double bottoms reached at 960-970 cheers

Usd/jpy I started trading USD/JPY last week..I go long USD as I see the the carry trade continuing. I buy the dips with very tight stops..lose plenty of these but when it goes right I'm patient and let the rollercoaster ride. I use moving stop/losses at a wide interval to consolidate my gains...

hmmmmmmmm..I'll pass on that. ..I like your reasons for being bullish over the longer term ..i suppose I will sit tight for a bit and wait for Ahmedinejebad tnext o open his mouth and spoil the fun for everone. BTW that was interesting news that came out yesterday..the EU has basically...

N Korea Well now North Korea is singing kumbayah, Asia, certainly looks a safer place, and it provides a point of reference and optimism for those trying to stop Iran getting nukes - not the most promising signs purely from a gold bulls point of view !

What is affecting the gold price From what the media is saying- it is stuff as down to earth as the weather forecasts which is driving the gold price (as gold price moves with the oil price) not so much all this geopolitical China/Iran speculation. From Bloomberg today..... Oil Jumps...