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Old 09-28-2009, 11:57 AM
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See if the 50% fib level can hold on MACD divergence.
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  #857 (permalink)  
Old 09-28-2009, 12:02 PM
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Potential inverse head and shoulders pattern on USD/CAD.

On top of that...USD/CAD broke its daily downtrend line at the end of last week.
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  #858 (permalink)  
Old 09-28-2009, 12:33 PM
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GBPJPY

Looks like the market is going to try and form a hammer today on top of the 50% retracement line, bears be real careful if the market closes leaving the hammer in place today, it may cause the market to bounce.... GBPJPY DAILY CHART ---->



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Old 09-28-2009, 01:12 PM
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Quote:
Originally Posted by brad_1199 View Post
Looks like the market is going to try and form a hammer today on top of the 50% retracement line, bears be real careful if the market closes leaving the hammer in place today, it may cause the market to bounce.... GBPJPY DAILY CHART ---->



Hi Brad,

Been following your charts over the last couple of months, and Brad, they have been pretty well spot-on!! I'm no chart expert by miles, but have found them to be quite accurate..Your last post lookes highly probable, and will not short at this time.. BofE in favour of a weak sterling, and Japanese government like a strong Yen.. UK GDP figures out tomorrow could give it a 'bounce'.. Lets wait and see..

Thanks again for your great charts..
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Old 09-28-2009, 03:57 PM
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Hi Brad,


Thanks for your great charts..
Thanx Mike -----
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Old 09-28-2009, 04:06 PM
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GBPJPY

This could be a possibility for the GBPJPY Long Term Chart ---->


Last edited by brad_1199; 09-28-2009 at 04:10 PM..
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Old 09-28-2009, 04:33 PM
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GBPAUD

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Originally Posted by brad_1199 View Post
I think of all the charts, my favorite right now is the short side of the GBPAUD market, price has turned very strongly bearish on the long term chart and all clues lead to an impending down side break out worth a lot of pips... Last month the phsycological 2.000 area failed to provide any support and price was able to close much below the phsycological support at $2.000 leading bears into confident power for a push below prior multi year support at 1.8748 and likely much lower after....

I am still holding short positions in this pair from 2.0200 and it looks like its going to be a hell of a ride.. I am looking to exit at 1.8000



Remember my GBPAUD short trade posted here a while back! Check This out! I have closed my positions just shy of the target price at 1.8000 for a 2000 PIP GAIN !!!! Yee-Haaa! Now, Joel Krueger, did I not come on this forum and call this the whole time you were going long... Time to start paying attention to the longer term charts my friend...


Last edited by brad_1199; 09-28-2009 at 04:36 PM..
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Old 09-28-2009, 05:06 PM
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Quote:
Originally Posted by brad_1199 View Post
Remember my GBPAUD short trade posted here a while back! Check This out! I have closed my positions just shy of the target price at 1.8000 for a 2000 PIP GAIN !!!! Yee-Haaa! Now, Joel Krueger, did I not come on this forum and call this the whole time you were going long... Time to start paying attention to the longer term charts my friend...

i got out of this trade at + 150 pip awhile back when you posted lol. More discipline I woulda made the 2k gain!
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Old 09-28-2009, 05:59 PM
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Originally Posted by Bignatx View Post
i got out of this trade at + 150 pip awhile back when you posted lol. More discipline I woulda made the 2k gain!
Well a gain is a gain Big Nat ... I just like to hold on for the really big moves.... It just comes down to the type of trader you are... I'm glad you made something on this
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Old 09-28-2009, 06:03 PM
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USDCHF

Take a look at the long term chart of USDCHF, sure looks like she's going to close the month well below long term fib support which should lead bears into control for further pushing into the down side in the months ahead.... All you EURUSD bears out there might want to take note of this and think just how this USDCHF chart may affect the EURUSD chart... I think it's real possible EURUSD may go back to 1.6000 in months ahead...


Last edited by brad_1199; 09-28-2009 at 06:05 PM..
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Old 09-28-2009, 08:53 PM
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GBPJPY

I'm really toying around with a lot of different ideas for GBPJPY right now, but for the time being my bias must remain bearish for a re-test of multi-year support at 128.42 .... I think this down trend could run straight through October with no problem...

Anybody else feeling this ???




Last edited by brad_1199; 09-28-2009 at 08:58 PM..
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  #867 (permalink)  
Old 09-29-2009, 01:06 AM
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VINCY BALBOA has a little shameless behaviour in the past
UPDATE of GBP/$




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Old 09-29-2009, 02:45 AM
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USDJPY

I have been holding short USDJPY from 98.25 for quite sometime and I have now added additional short positions at 90.00 --- aLL positions are targeting 80.00 Multi-year support....



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Old 09-29-2009, 02:54 AM
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Usd/jpy


successfuly Reached UPDATE



Geometric





Minor subdivide count



Done





More information Log into my blog
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Last edited by VINCY BALBOA; 09-29-2009 at 03:00 AM..
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Old 09-29-2009, 01:01 PM
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GBP/JPY approaching crucial levels.
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