Wedges and trendline breaks

[brettus]

Thanks for attaching this chart. It looks a great set-up for a long trade.

I think the top side has less resistence. I would prefer to be long on the trade. I can see alot of trendlines against dollar markets. They all point to some excellent levels coming up and volatility. Is gbpusd a short at 1.55? Is the Dow a short at 10600. Is gold a long around 1175? Is usdcad long from here?

 

[Blaiserboy]

GBPUSD

Some divergence on the daily chart and resistance coming if it moves a bit further...

Hard to say if it will go higher or lower at this point.

I'd like to see what someone else would be thinking.

 

[brettus]

GBPUSD

Some divergence on the daily chart and resistance coming if it moves a bit further...

Hard to say if it will go higher or lower at this point.

I'd like to see what someone else would be thinking.

i like..

 

[Blaiserboy]

NZDUSD Weekly

 

[brettus]

NZDUSD Weekly

Short GBPUSD. I'm in. Let's see what happens.

 

[Blaiserboy]

Short GBPUSD. I'm in. Let's see what happens.

It is on some strong support on 240 minute chart....... once is passes through that. might be a lucrative short.

 

[Blaiserboy]

It is on some strong support on 240 minute chart....... once is passes through that. might be a lucrative short.

You have enough for coffee.!!~

 

[pocrel]

morning guys or afternoon from singapore, i am short cable myself from the 15500 level stop just above the high first trade since the hols

thanks for posting on the journal lads appreciate it hope they have been profitable?

 

[brettus]

You have enough for coffee.!!~

1.53 is the first target. Come on pocrel. Let's will this down. Dont close before 1.53!!

 

[Blaiserboy]

AUDJPY 60 minute

 

[Blaiserboy]

EURJPY 60 minute

 

[pocrel]

EURJPY 60 minute

interesting chart on eur/jpy, its in the area for a nice reversal just popped out of the channel of the daily chart, so we could get a pullback and price to go again for a long or we could get price breaking down of your lower trendline with a pullback and a brake again BB

hope that makes sense



this is my long chart, and the other scenario is BB triangle

at the moment my bias is to the long

 

[pocrel]

taking half of here for +50 on cable stop at b/e

were is your stop brettus mate?

 

[brettus]

taking half of here for +50 on cable stop at b/e

were is your stop brettus mate?

1.5540

 

[brettus]

interesting chart on eur/jpy, its in the area for a nice reversal just popped out of the channel of the daily chart, so we could get a pullback and price to go again for a long or we could get price breaking down of your lower trendline with a pullback and a brake again BB

hope that makes sense

View attachment 88046

this is my long chart, and the other scenario is BB triangle

at the moment my bias is to the long

I agree with you here. my bias is long eurjpy. Just looking for an entry.

 

[Blaiserboy]

EURJPY 240 minute

 

[Blaiserboy]

EURGBP 60 minute

 

[pocrel]

right long eur/jpy, got the pullback and we are heading north again stop at 11330 area,

stop out on other half of cable

 

[brettus]

right long eur/jpy, got the pullback and we are heading north again stop at 11330 area,

stop out on other half of cable

Got stopped out on GBPUSD. I'm long eurjpy though from 113.40 stop at 113.00. Could easily get stopped out in these choppy markets. Looking for about 114.50 at least.

 

[pocrel]

taking half off here for 25 moving stop to B/E

go eur