Hey Rob,
I've been studying these pitchforks - the light blue lines in my chart. Price has reached the median line so it could well reverse but the pitchfork is very bullish and price may move up to test the upper parralel line. I'd be reluctant to short this one but give it some time and see how it reacts. Hope your trading is going well mate.
Sam.
Gecko mate, what a trade this is in the Bunds.
I'm gonna sh*t my pants if this bounces at 121.60
Pull up a monthly chart ... Parity is not at all inconcievable and what if this is a very big head and shoulders in the making ...
I'm looking at the daily H&S on the EUR/USD which started forming on 18th March. If I've got my neckline right, the right shoulder is just touching the neckline (and the 50EMA).
I would be looking to enter short at the break of the neckline and 50 EMA. Anyone still waiting to trade this? Would like to know what people think is a good point to enter if it's not too late already.
Edit : Just realised there is a pin bar off support on 1 HR and a 2nd potentially forming. Perhaps there will be a small bounce before the real drop...
u are right. im shorting and leaving it for 3 years now. 😛
maybe when the currency gets disbanded it will drop to zero. 13000 pips...
what the f*ck are all those dotted lines?
Heads up
The level on the dax guys, the level on the dax...........
make or break what?
WHether its flopping during americas hours on a friday you tw@s
I base all my trades on the 4 oclock hourly pin.
Come On Bunds
You Are A Beautiful Market