Hi joyride
No I had been asleep! Little worried about the H1 200 ema and 1.71 support if it breaks through there and retests nicely then we're away
In the meantime, seeing NZ and GZ extended
Hi joyride
No I had been asleep! Little worried about the H1 200 ema and 1.71 support if it breaks through there and retests nicely then we're away
In the meantime, seeing NZ and GZ extended
Since May, AUD/CAD continues to be in a short term downtrend, although has claimed the long term uptrend. This next week could pose an intriguing opportunity for the short-term tendency to reverse because price is coming into a place where the boys have established they like to buy. Interesting to see how price reacts once it gets to the 0.9590 - 0.9610 place (highlighted in blue). Price has analyzed this 0.9610 degree on 11/17 but quickly bounced off. I'm thinking about buying on this next push to this retest in the forthcoming days. What do you guys think?
PS- Also should throw that both AUD and CAD have interest rate decisions this week that could offer the possible alyst for many huge moves.
Oh absolutely - I concur with you. That would be fine - I've amended the chart over with our hopeful egy!
Definitely in my watch list, maybe a little retracment into 1.775xx 1.776xx before going down again?
Well done joyride!!
Looking at the daily chart, that is such a bearish bar that I seriously doubt we will see the bulls come back before it is down to the 1.50 area at least but I would have done exactly the same as you
GBPCAD
I enjoy this one men. Down to 1.6900
Hello Oddbjorg
Of course not! Please don't hesitate to post any charts you prefer.
I think we have to now open the thread up to each time frames (although the emphasis is on the 4 hour chart) so that we could offer people better set-up chances
Best regards
JM
Goog Rally today, GDP and employment news gave it an increase too. I entered at 1.5200, closed a little before closure as I didnt wanna risk the events of today and this weekend in particular to mess it up. And it may bounce of SMA100 on H4. Better safe then sorry. .
Hello Jmtini
Am I violating your thread placing this chart as a input to going placing a south order?
That is of course type of BK8 systemish, the only thing I know about - but not exactly.
Just feel free to tell me, that this is not ok for the thread.
All the best.
Oddbj.