Eurusd/gbpusd - page 138
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some stuff
S&P500 1st Res 983.80
Upper Potential 995.20-1000
1st Support 955.50
Lower Potential 965.30
Crude 1st Res 69.12
Upper Potential 69.25
1st Support 68.24
Lower Potential 66.10
source - friend:
July 09
With the Recent Rally off the weekly Moving Average on S&P500 at
866.80 We see a Failure of Head and Shoulder Bearish Pattern.
Bear Trap confirmed by failure to drop below neckline on 13th July
Lows.
Other confirmation was Yen Weakness, Bearish Bonds on 13th (Double Top
Bunds) and Crude Support.
This Rally is supported by Commodities and Speculation.
Resistance at 1000
EURUSD Resistance around 1.4450
Upon This Resistance will watch for any drop in Volume and
Retracements in between before short selling Strategy plan going ahead.
S&P500 1st Res 983.80
Upper Potential 995.20-1000
1st Support 955.50
Lower Potential 965.30
Crude 1st Res 69.12
Upper Potential 69.25
1st Support 68.24
Lower Potential 66.10
source - friend:
July 09
With the Recent Rally off the weekly Moving Average on S&P500 at
866.80 We see a Failure of Head and Shoulder Bearish Pattern.
Bear Trap confirmed by failure to drop below neckline on 13th July
Lows.
Other confirmation was Yen Weakness, Bearish Bonds on 13th (Double Top
Bunds) and Crude Support.
This Rally is supported by Commodities and Speculation.
Resistance at 1000
EURUSD Resistance around 1.4450
Upon This Resistance will watch for any drop in Volume and
Retracements in between before short selling Strategy plan going ahead.morning mate . low for today 4160-4138?
morning mate . low for today 4160-4138?
i'm watching (if pa goes lower)
pivot - 4204
S1 - 4188
S2 - 4177
S3 - 4161
Cheers
Gaz
Short
Short @ 4273 - at pivot with divergences - 15 pip sl....
Update
Short @ 4273 - at pivot with divergences - 15 pip sl....
I closed short at same open 1.4250 because bull pressure and open again 1.4270
Gaz welcome my friend,Seems we r on same line :-)
I closed short at same open 1.4250 because bull pressure and open again 1.4270 Gaz welcome my friend,Seems we r on same line :-)
hey mate!! great minds think alike!! lol thinking we are using v similar method!! currently I love to fade the tail end of the london morning session - if pa is at daily PH (or Low) and you get a setup such as the one I just got towards the end of London AM session, then it normally will give pretty good risk reward.
Gaz
Short @ 4273 - at pivot with divergences - 15 pip sl....
cheers.my pivot show differnt no
Anyone know
I still short, Anyone what this pattern and how strong it is?
cheers.my pivot show differnt no
moved stop to 4295 as I think PA with now go 4290 before any possible turn - if it breaks 4295 then it could carry on right up!! however there is still nice divergence so i'm happy holding short for now.
Gaz