Some fresh thoughts on EURUSD and GBPUSD … by the way I’m still holding my Long Positions for EURGBP from 0.8950
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Asher’s Posts
- Ichimoku Weekly: GBPUSD February 6, 2010Please … never ever under estimate the Chikou-Span’s Support / Resistance specially on the Weekly / Daily TF. Here is the latest and one of my prviously posted Weekly Charts for GBPUSD … I’ll let you decide on how clear the signals were to make a trading decision … Good luck […]
Anprendiz’s Posts
- back… February 5, 2010wow, a lot of things have happened in 2 months. The USD has finally bottomed and the stock markets have started their EW wave5 down. I’ll start posting the weekly charts in coming weeks. For now, the latest formation is a bearish Gartley in the USDCHF daily TF. It’s timely since imho the USD is a [...] […]
CMellon’s Delta Counts
- Feb 6: EUR/USD - Medium Term Low Possibly IN February 7, 2010Among the major currencies, EUR/USD has been the hardest hit, having fallen from 1.5142 to 1.3584 in 72 calendar days.There is however an opportunity to go long early next week based on several observations. I have done a quick Delta MTD count for EUR/USD and it seems that it is quite probable that medium term low has arrived last Friday. From the chart, we […]
Melbgirl’s Trading Adventures
- First Week of February – Still Hanging On…. February 6, 2010Yesterday’s NFP has crowned what was a pretty volatile week in the markets. Clearly there were grave dangers there for the unwary as some currencies shed several “big figures”, most spectacularly perhaps the Kiwi $ and EUR/JPY. I wasn’t trading any of these unfortunately, as I was looking for shorting opportunities in EUR/GBP which behaved itself [...] […]
[...] If you can recall, I’ve been Long EURGBP since almost a couple of weeks now from 0.8950 level. I’m expecting a leg down to the Green colored Support Zone as identfied in the chart, however I’ll be holding my Long Positions by keeping the Stop Loss just below that Support Zone to make sure it ends up in the Profit regardless of what happens. [...]