Posts Tagged ‘gbp’

Long GBPUSD

Tuesday, October 20, 2009 9:32 No Comments

The British pound last week was extremely bullish across the board.
Before the spectacular run up of GBP, I’ve detected an AB=CD pattern in the 4-hour chart which is confirmed with an RSI BAMM setup. With these two patterns, the probability of a reversal is high.
I went long on the British pound last week [...]

This was posted under category: Forex Tags: ,

Are You Gonna Go My Way !?!

Tuesday, November 11, 2008 2:45 No Comments

We seem to be coming closer and closer to re-testing previous lows on all major pairs. Lets take a long term view of the charts and see where the price might go if we do break recent lows.
EUR/USD
The EuroDollar downtrend  has unfortunately broken all long-term trend lines. Thus, a better way to see where it [...]

This was posted under category: Forex Tags: , , ,