GBPJPY I still like consolidation there. Now I will follow 240min consolidation and target will be previous daily support, now resistance area http://tinyurl.com/54bju4 AUDJPY It is similar chart as GBPJPY. I think that will strong oil JPY will have hard time http://tinyurl.com/3zkmes EURAUD Forming 240min bear flag. It will be nice if will stay in flag formation longer for lower risk setup. I donât much on small time frames, but it is hard to give setup on the 5 min chart because it can be very fast. Soon I will have automatically email update alert and I hope that will help. http://tinyurl.com/4oept9 If anyone will have any question feels free to contact me Good trading!!! Ivica
On your chart are you using sma ema or wma"s and what number of periods for both? On the 120 minute chart are they the same as your daily chart or do you use different periods? Thanks
10/20/200sma on intraday charts..and 10/20/50/200 on daily/weekly/monthly chart But I'm most focused on consolidations, and previous support/resistance areas yw
Good day all, I still like all setups from yesterday (GBPJPY, AUDJPY and EURAUD) and I will add another one what I found interest right now. It is USDCAD Nice consolidation on the 60 min chart and I will look for first support area what is daily support area too. http://ivicacharts.com/diagrams/2008/09242008usdcad.jpg If anyone will have any question feels free to contact me Good trading!!! Ivica
I went long the pound about 10 min ago. It has been a struggle to get a decent fill that I am comfortable with. Veryyyy choppy tonight. Even my current fill was tested 4 times before the market finally decided to continue. EDIT: stopped out again, no more for tonight. 4 losses in a row means im done till the next session.
http://tinyurl.com/3u4l2d I will short here on CCI divergence and stop is above previosu high...small risk