Best Thread Potential setups

[Bloodhound]

Audusd

Failed retest of the January highs and 'pins' on the 1H and 4H bars overnight. The first problem area, as I see it, will be around 7050 when price will meet rbs and the descending trendline........

Rob

 

[leovirgo]

Eurgbp

Hi
I am new to fx. Short EG at 0.9131 at the break of S/R switch(0.9157). Stop at 0.9155. Targeting 0.9080 just above obvious level below (0.90750). Any suggestion about this trade please?

 

[tradedays]

Just broken 1.48 now

CHART OF THE DAY

PREVIOUS NECKLINE OF H&S BROKEN TESTED YESTERDAY ALONG WITH A DAILY DOUBLE TOP IN PLACE IF 1.48IS NOT BROKEN TODAY ....:whistling

 

[supremegizmo]

yup on better than expected PMI .. my longs since yesterday on eur/gbp are shaken out

 

[tradedays]

Tempted to add to my long here

Just broken 1.48 now

 

[trader_dante]

Tempted to add to my long here

Add on dips not on new highs.

 

[minch]

Eur/Gbp tested and bounced from support @ 0.9083

Double bottom with low of yesterday

 

[Technically Fundamental]

Add on dips not on new highs.

Are you thinking 150s again?

 

[tradedays]

Looking for consolidation here hopefully with price action to add.

Add on dips not on new highs.

 

[omni]

Guys, you missed your opportunity to add at 7am....... (1hr pin off level)
Now you just gotta wait....... probably til next week.
You cant rush additions........ once you start to get shaken out of your long....... that'll be the time to add...............

If all else........... look at the daily/weekly.

 

[tradedays]

Thanks Omni

I did see that, but was nervous of the potential res @ 1.48. Early bird catches the worm I guess.

Cheers Chris

Guys, you missed your opportunity to add at 7am....... (1hr pin off level)
Now you just gotta wait....... probably til next week.
You cant rush additions........ once you start to get shaken out of your long....... that'll be the time to add...............

If all else........... look at the daily/weekly.

 

[leovirgo]

Eur/Gbp tested and bounced from support @ 0.9083

Double bottom with low of yesterday

Already covered my short at 0.90894.

 

[trader_dante]

Guys, you missed your opportunity to add at 7am....... (1hr pin off level)
Now you just gotta wait....... probably til next week.
You cant rush additions........ once you start to get shaken out of your long....... that'll be the time to add...............

If all else........... look at the daily/weekly.

That 1hr pin was a beauty.

That was only going one way.

I made 1 pip trading it off the 5m.

A healthy $6.25.

Minus commissions.

Might pay for lunch.

From Boots.

Just.

 

[supremegizmo]

That 1hr pin was a beauty.

That was only going one way.

I made 1 pip trading it off the 5m.

$6.25. Might pay for lunch.

From Boots.

Just.

dante hard luck i know u were freaking long full size just got taken out in that blip

what matters was your view mate

 

[ian]

50% fib

Hi, Using the advice here Itook this trade at the 50% 1.4741 (small position.)
I will keep it going an see where it ends up, my stops are in at b/e.

 

[Bloodhound]

For anyone who's interested Ibex has pinned off a pivot at 8403 on the 1H
Rob

 

[ian]

Hi, Using the advice here Itook this trade at the 50% 1.4741 (small position.)
I will keep it going an see where it ends up, my stops are in at b/e.

Groannn!... I should have kept me gob shut..

 

[elitejets]

That 1hr pin was a beauty.
That was only going one way.
I made 1 pip trading it off the 5m.
A healthy $6.25.
Minus commissions.
Might pay for lunch.
From Boots.
Just.

Ice cold nerves of steel. You're my hero.

 

[candles]

Im still in this trade from yesterday. Not done a great deal...

Ive also gone short GBP/JPY from 147.27 - tightish stop

 

[Technically Fundamental]

To me it looks like the daily is showing a retest of Jans conditions. Yesterdays close was at same lev as 5th Jan and seeing how yesterdays activity destroyed 3 poss res levels from the downtrend starting mar25 I think we could be up for a higher close.
Looking at the 8&9 oclock bars, people were slapping up dollars... I'm hoping that a lot of yesterdays dollar buyers are going to be scared of the convergence we're saw just above the 68% ytd ret level and that rejection of the 148s and wont hold on over the weekend. Im thinking buy in now (lunch time) and hold on for a long (in the dip as dante said) or at least to see if we rally later on today for a cut and run. The down-trend is even easing off as I'm typing this. Maybe the MAs will give a boost. I could be talking crap like but this makes sense to me. Dante tell me to shut up if I'm talking nonesense. it's better for me to know lol.