Eurusd/gbpusd - page 150

 
avi1:
thx its indi not sys.

Hi mate,

thats my main weapon!! I use those pivot points as targets. I look for divergence (using trix, macd histo etc) at the r2/3 - s2/3 levels after a big move in the morning - I like to fade the london am session for retracement pips. nothing flash or special but it works for me.

Cheers

 
Gazmeistergeneral:
Hi mate,

thats my main weapon!! I use those pivot points as targets. I look for divergence (using trix, macd histo etc) at the r2/3 - s2/3 levels after a big move in the morning - I like to fade the london am session for retracement pips. nothing flash or special but it works for me.

Cheers

looks like a descending triangle pattern on the GBPUSD 5min tf - if pa breaks down through 6471 we should see nice move down....waiting for pa to confirm

 
Gazmeistergeneral:
short GU @ 6511

closed half of position at 6469 + 42pips - next target 6434 for 77pips on remaining position.

cheers

Gaz

 
Gazmeistergeneral:
looks like a descending triangle pattern on the GBPUSD 5min tf - if pa breaks down through 6471 we should see nice move down....waiting for pa to confirm

Pattern confirmed - break down.

Cheers

 
Gazmeistergeneral:
closed half of position at 6469 + 42pips - next target 6434 for 77pips on remaining position.

cheers

Gaz

closed remaining lot for 1pip profit lol - better then nothing!!!!

I'm done for the day....see you tom guys!!

 

Long trade

This trade maybe take long time But i will take it

Sell e/u 1.4060

buy u/cad 1.0830

Good luck all

EG

 
egkid:
This trade maybe take long time But i will take it

Sell e/u 1.4060

buy u/cad 1.0830

Good luck all

EG

good morning wish you the best , my no. 4112 4133 4089 4117 4147

 

Bearish

on 1hr tf (and 15min) - EU and GU showing bearish Gartley patterns....

1st target on EU is 4096 then 4013 - pattern fails if pa above 4168

1st target on GU is 6522 then 6474 - pattern fails if pa above 6578

Cheers

 
avi1:
good morning wish you the best , my no. 4112 4133 4089 4117 4147

4061 4072 4049

 
Gazmeistergeneral:
on 1hr tf (and 15min) - EU and GU showing bearish Gartley patterns....

1st target on EU is 4096 then 4013 - pattern fails if pa above 4168

1st target on GU is 6522 then 6474 - pattern fails if pa above 6578

Cheers

Message of the week: There are numerous warning signs of a significant period of EUR under-performance developing

Conclusion from the charts: The correlation between G10/USD crosses and risk appetite is showing signs of weakening

--------------------------------------------------------------------------------

Main Points

EURUSD: We're beginning to think the market will have problems breaking above 1.4350. Double top risk clearly developing with the 1.4305 peak this week.

EUR Index: A concerning structure pointing to the risk of an imminent break lower. This would point toward broad based EUR-weakness.

EUR Index relative to yields: The EUR looks massively over-valued relative to yield spreads. Since February the EUR has lost ALL of it's yield advantage, time for the currency to play catch-up?