To me, the Cable buying during last session did not change the trend. Instead, I thought there might another opportunity for SHORTs? This is a text book pattern. Nothing fancy, let’s see how it works out. If the the breakout of the pattern realized, I am revising the downside target to around 1.6-ish, still in […]
GBPUSD
What is your target of $GBPUSD
So how much downside of Cable are we looking at? Well, I am looking at 1.6130-1.6140. Make sense? What do you think? Here is the…. CHART! Some technical statistics here About this tool
Chart of the moment $GBPUSD 09-Oct-2009
This is 240 min chart of GBPUSD. I have no position at the moment, but I am a little bit bearish. Is it going to break down further? What do you think? Here are some technical statistics: About this tool
Chart of the moment: $GBPUSD
This is daily chart of GBPUSD. What do you see?
Buying some $GBPUSD 24-August-2009
This is the setup I am looking at the moment. Let’s see how it works out. I am looking at buying some GBPUSD should the price retrace and trade around 1.6450. And first target at 1.67. Here is the …. CHART
Trade in progress : Long GBPUSD
Here is the trade I mentioned in Twitter this morning. I am Long GBPUSD. This is a short term trade which tries to capitalize from the positive divergence of indicators observed. Targeting around 1.6310. Let’s see how it works out. Here is the ….. CHART!