Best Thread Potential setups

[jonj]

gold seems to have broken to the upside!nice daily inside bar break on the upper trend line,good confirmation of the pattern break imo.could go a long way if its going to play catch-up with oil ??

dax going down down down and a little 1 hour pin on the ftse!?

 

[1Pipped]

ftse might be good. I saw this 15min pin before I went out this morning , didnt trade it though, hourly might look good ?

 

[1Pipped]

gold seems to have broken to the upside!nice daily inside bar break on the upper trend line,good confirmation of the pattern break imo.could go a long way if its going to play catch-up with oil ??

dax going down down down and a little 1 hour pin on the ftse!?

Agree on gold, and look what started the move... a pin bar on the daily
Ive got a level marked just where it is now, although its not the most obvious could be something to watch out for.

 

[jonj]

hi pip,check uot the swings inside the triangle pattern,its given a good trigger on EVERY bounce!whether its been a pin ,morning star or whatever.The power of pa!!lol

 

[1Pipped]

It has, lots of trades in that triangle! I might join you in long gold... IB just under s/r level on the hourlies, still 10 mins to go but looking good

edit:
Ive put order in, entry: 934.60 stop: 932.00 targets: 940.00 and then 952.00
If it gets stopped out Ill put another in, and if that gets stopped out Ill put another in, if that gets stopped out I might give up lol

 

[jonj]

what do you guys think ,bullish 4h or bearish 1h??
personally like the 1hour short setup ??

 

[1Pipped]

Ide stay out myself until 4hr is complete, look at the daily chart...

 

[jonj]

Ide stay out myself until 4hr is complete, look at the daily chart...

its turnin into a outside bar,still 45 mins to go,
no 1h pin but isnt that rising three bearish if it closes like one??
EDIT: forget that!!

 

[1Pipped]

Gold stopped out. Looks like some support has been found between the MA channel, Im going to wait for something better before firing any more bullets. Maybe see if it does break upwards, then wait for a pin above the s/r line at 935.xx ...

 

[omni]

fyi............ I am out of usdcad short .

 

[1Pipped]

same here now omni... perhaps I was a bit too patient with that trade, (or stubborn!!) Oh well, at least it didnt cost anything.

Good looking pin on daily USDJPY off top of broken weekly downtrend line, also GBPJPY off a good level, they need to hold up for a few hours yet though. My Short EURJPY and AUDJPY orders have opened so these arent the best things I wanted to see! look quite good though, will check them out around 23:00pm

 

[1Pipped]

same here now omni... perhaps I was a bit too patient with that trade, (or stubborn!!) Oh well, at least it didnt cost anything.

Good looking pin on daily USDJPY off top of broken weekly downtrend line, also GBPJPY off a good level, they need to hold up for a few hours yet though. My Short EURJPY and AUDJPY orders have opened so these arent the best things I wanted to see! look quite good though, will check them out around 23:00pm

 

[1Pipped]

hmm, my posts arent showing up........................................................

 

[Glenborrell]

Wheat

Omni,

i'm out on my wheat trade. out at initial risk. 38 points.
I should have had my stop just below 930 which was my first resistance if i had of followed my initial thinking.

Glen

 

[omni]

Omni,

i'm out on my wheat trade. out at initial risk. 38 points.
I should have had my stop just below 930 which was my first resistance if i had of followed my initial thinking.

Glen

cheers glenborrell.

 

[omni]

The monthly tf role over is showing (for my charting package) pins on gbp pairs..... namely audgbp, eurgbp, gbpnok, cable.

Anyone see other monthly pins for possible setups?

Thanks

 

[chilltrader]

Anyone still long cable OR EUR/USD ?

 

[chilltrader]

Anyone still long cable OR EUR/USD ?

because well done if you were :clap:

 

[1Pipped]

usdcad 4h pin. Looks good but Im not trading it because gold is approaching the resistance level again, more interested in seeing what happens there. Good thing is it has retraced a bit so maybe less likely to get trapped in by a pip or two if it breaks the top.

 

[atrim]

I took a short on Gold as it hit bollinger band on 1D chart. Grabbed 12 points but didn't enjoy it going against trend. It will probably drop all day now that I am out if anyone wants to take this as a potential setup as its still touching BB as well as Silver.