FX Trading: week 8th - 14th July

Crap Buddist · Jul 13, 2007

Offshore Trader said:
I'm not really that good at technicals but is that a bull flag forming on the cable 5 mins. I assume these are normally continuation patterns?

mmm, looks like a consolidation pattern holding 320/360 odd i see these little patterns, and sort of know what you mean, but i tend to think, where has it stopped falling and going up, and is there still strength showing..

i'll try a long if it comes along, 330-300 ish... not far off now ...

Crap Buddist · Jul 13, 2007

gone long, 330, might be a tad early but got a signal so taken it.. basically says go long this 5 minute bar (allowing 25 odd points lower stop wise, cos it might be a sell off which dont stop), 3 mins waiting left for it to complete, but... in I am.

anyway long 330.

Crap Buddist · Jul 13, 2007

closed long 352.3, +22 , tidy little trade ,thought it might of run a bit further, holding this time of week, always concerns me too....

not sure cables ready to flop over yet, interesting to see how next week pans out. Im guessing new highs coming in ...

jacinto · Jul 13, 2007

Crap Buddist said:
Im guessing new highs coming in ...

wellll........guess you are on the right track

edit: modified chart a bit. for the best

2be · Jul 13, 2007

Crap Buddist said:
closed long 352.3, +22 , tidy little trade ,thought it might of run a bit further, holding this time of week, always concerns me too....

not sure cables ready to flop over yet, interesting to see how next week pans out. Im guessing new highs coming in ...

If Delta did not exist a new high would indeed be probably in mid July. (Just joking)

FX Trading: week 8th - 14th July

1. Where's cable going? 2. How many pips do you want this week?

More up for cable

Down for cable

Don't care about anything

10-50

50-100

100+

Don't care as long as it's positive

Crap Buddist

Senior member

Crap Buddist

Senior member

Crap Buddist

Senior member

jacinto

Senior member

Attachments

2be

Senior member

Similar threads