combotrader
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long cable at 750, stop 720. Breakout.
See if this GBPJPY falls out of bed from 239.23, bearish on this beast....
Woah, it's like a bucking bronco (Eur/USD).
Any reason? About 70 points range in 15 minutes or so!?
Why? Sumthin' happenin'....?You're kidding right?
Checked your calendar today/this week?
You're kidding right?
Checked your calendar today/this week?
Hi CB,
I'm just curious, but where do you see a bearish slant on this pair?
It's pushed thru a couple stiff (recent) levels at 234.50-70 & 237.50-70 with strong momentum & now attacking next upside channel at 239.50-70.
Would it not be more rewarding/less stressful to run with the flows?
Well, it was an hour before the interest rate announcement.
the only chart I use is a 1 minute chart. if it springs against and it will do from time to time ,then until the setup changes then I have to hold.
... looking at your dailies should bang its head up here and sell off ?
Clocks went back over here in UK at the weekend though, so EST on your calendar reflects an hours difference.
Oh, ok I gotcha. Wow, that's a mighty fast reaction time. My eyes & feet would ache awful bad trying to chase those babies around the park.
I ought to have clearly annotated those charts. The bigger one is a 240 not the daily. Apologies for the confusion.
I merely use the lines/channels as area's of potential headwind. They're by no means set in stone, as most folks are aware. But they do offer a heads up as price begins threatening the zone of interest.
I guess you have a stack of headache meds on tap?
Good hunting to you, hope the spikes don't cut you too bad
One way train on your 1min Geppy today Crap Buddist huh.
That next line focal point up there at 240.30-50 flipped a pretty cool rbs for an add-in long. Neat 15m indecision bars as it considered it's intent.
Taking a breather ahead of c241.25 (Daily) resistance, but still yet to signal out of the longs. I'd imagine current levels would be a good place to book some profits. It's certainly burned rubber this morning!