http://tinyurl.com/4vmdzh Here is GBPUSD setup explanation. Divergence on the 5 min chart. CCI made lower high while chart made higher high, plus previous 30 min high resistance area. I will use this setup to minimize risk and maximize reward http://tinyurl.com/5yth9c
yea im long eur.usd from last night too. just gone long aud.usd also with a tight stop at bottom of triangle
Also pivot is right on top of you. With that said I just went long GBP at 18433, target of 18638. Stop of 15 pips.
holding my eur.usd and aud.usd longs over the weekend. risky but if we gap down sun night ill get out of both. targets 1.52 and 0.88 stops will be 1.445 and 0.814
Good day all, I found several nice daily charts like AUDUSD or GBPJPY. Look like everyone waiting US Government rescue plan agreement. Because of that I donât expect any big move s before that. I will post several charts what I will follow. Every updates will be on the site. Everyone hope that US rescue plan will be done at Monday so we could see some strong reactions. It will be smart to wait first initial move on smaller time frame and then watch for continuation. At least that is way how I will do that. EURUSD idea is still open and I posted that chart at Friday. AUDJPY http://tinyurl.com/52oz4k USDCAD http://tinyurl.com/4j5f4q AUDUSD http://tinyurl.com/3l9vkl If anyone will have any question feels free to contact me Good trading!!! Ivica