USD.CHF

[dumbass]

hi pete that gartley has d point divergence on rsi now

it close to a bamm set up which has proved a good entry

a bit slow of the mark though

[peat]

yeh it is technically right but I lost confidence in it and bailed - 30

gah

[dumbass]

just possible wxy correction is complete for a big run north

[dumbass]

showing signs of forming a base of impulse wave 3 for a 4th wave retracement before resuming 5th wave lower of an abc

bullish engulfing and 2 hammers imply possible north move

there are 2 fib extensions providing support

[arco]

The action passed through the old support circa 1300 but it now looks like we could possibly see a reversal to at least test this break......perhaps to 1250-1350 zone. There is a white turnaround bar on the 3 Line Break.......so may be a little trade available. Also check out the large BF from early 2005 giving a potential reversal point within the blue box 1128-1272.

Early days, but maybe something in the wind..........if/when that BF really starts heading north a decent move could be on the cards.

[peat]

short term short underway


(an hour later - closed half +30)

[peat]

remainder closed @1.1 +56 overnite.

[AMR]

A scalp for today. First forex trade with real money, unfortunately I buggered the stop and ended up buying back 10x what I sold :mad::mad:. Lost a fair bit in the end:o.

[peat]

saw this descending triangle formation looking like it was going to break so am having a go with it , one entry before the break and one limit set to go with it
so far it continues to confirm

[peat]

well it offered 40 pipis pretty quick but I wanted 50 , so in the end it retraces back to even and being a big trade I wont let it go bad, so closed for zip.

but it was a good trade idea, dont regret trying it.