So, big sell off of GBP. There are loads of retracement levels for GBP crosses. I am taking GBPJPY to show potential reaction zone. M30 – Around 143.90 zone. A retest of previous support turned resistance, with confluence of supply line, and the base of sell off. This zone should provide some reactions. M5- Detailed […]
Here are some charts to start the week. There are some other setups forming, but it is impossible to post it all. Anyway,� I thought CADJPY, EURGBP and GBPJPY provide some obvious techincal setups. Have a look. Here are the …. CHARTS!
Here are some tweets that caught my eyes. Everything you need to know about the EZ crisis in graphics graphics.thomsonreuters.com/F/09/EUROZONE_ — Calvo (@Calvofx) June 15, 2012 We all love trading #GBPJPY..what I am looking at. dl.dropbox.com/u/74081447/gbp — Calvo (@Calvofx) June 12, 2012 #DXY working off overbought condition as risk in squeeze mode..everything pointing […]
Very slow and choppy week so far. Other than playing the Sunday gaps (which is not my favorite), there is not much going on now. Here are some charts I am watching closely at the moment. EURGBP H1 EURUSD H1 GBPJPY H4 GBPUSD H4
Here are some charts with levels I am watching for the coming week. $GBPJPY H1 $CADJPY H4 $GBPAUD H1 $AUDUSD H1 $EURAUD H1 $EURJPY H4 $USDCHF H1 Good trading!
Though it might be too early to call for this setup, I thought the chart might give my 12 readers some useful ideas. Anyway, this is assuming GBPJPY hold well around 128.35. I will negate this analysis if the level is broken. I see two potential short opportunities. Here is the ….. CHART!