My Forex Journal

cup and handle in Euro/USD 15 min.

Doji on Daily chart but Bolinger Band isn't flat indicating that prices will fall more (but likely to begin the bearish movement in the next London session).

If prices show some bullish movement in the next Asian session, it's likely that it's going through a pullback rather than there is a change in trend...that's what I can interpret from charts :)
 
Yes EURGBP could have an up explosion... but it is not my type of trade I would not trade it on this account cause I trade a specific setup here..... but it could go far...

It's approaching the same daily resistance again(at 0.78850 level) ... but there is some disagreement between channels, so it's unclear whether the uptrend will continue or there will be a change in the trend when prices reach that level.
 
Doji on Daily chart but Bolinger Band isn't flat indicating that prices will fall more (but likely to begin the bearish movement in the next London session).

If prices show some bullish movement in the next Asian session, it's likely that it's going through a pullback rather than there is a change in trend...that's what I can interpret from charts :)[/Q
Doji on Daily chart but Bolinger Band isn't flat indicating that prices will fall more (but likely to begin the bearish movement in the next London session).

If prices show some bullish movement in the next Asian session, it's likely that it's going through a pullback rather than there is a change in trend...that's what I can interpret from charts :)
I'm watching cause it's moved inversely to equities lately.
 
That sound you hear is someone jiggling the handle, ready to flush GBP below 1.40
Need to talk to Baron, see if we can get some sound effects for this thread. Toilet flushing, Fourth ofJuly, Car crash, Rocket launch, machine gun. Not that it would ever be misused. Haha put it in the chatroom. What do you guys think?
 
Which equities market do you follow? I'd like to see their chart
SnP cash mostly. I follow a guy every am who does a volume profile breakdown, so that is futures. I try to pay attention to what sectors are moving--dogs and angels. Like to see where money is flowing.Just watch the CNBC ticker, charts usually in my head unless I want to double check. I used to be able to tape read well. Forex is a little different that way.
 
Back
Top