On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

That yen sure is something. Recall a little while ago I said that I switched over from cable to the Yen as far as my currency of choice right now? Look at it go!

chart please?

here you are.

Originally posted by rat89

chart please?

My comments make more sense now?

there are a couple of traders on another forum who consistently debate my ta. They aren't nasty (well, actually one is - and accused roofer of stealing from him years ago, a completely ridiculous concept - and I ignore him) but one is simply dense, a "the trend is your friend" type who claims to make money. Maybe. Maybe not. I can't imagine he doesn't lose money at the turns the ta calls out, and that he says are impossible to "predict". Anyway.....hang out with the few people who get what you do, and keep doing it, and keep pushing to get better. How's that for a ratism?

Can you show him a 5-min, maybe a 15-min also?

Originally posted by MarcinO

here you are.

Originally posted by rat89

chart please?

Click image for original size

That's the rat I know...

Originally posted by rat89

there are a couple of traders on another forum who consistently debate my ta. They aren't nasty (well, actually one is - and accused roofer of stealing from him years ago, a completely ridiculous concept - and I ignore him) but one is simply dense, a "the trend is your friend" type who claims to make money. Maybe. Maybe not. I can't imagine he doesn't lose money at the turns the ta calls out, and that he says are impossible to "predict". Anyway.....hang out with the few people who get what you do, and keep doing it, and keep pushing to get better. How's that for a ratism?

Easy money...

Cable has just made a 3D to same priceflow as the two previous pushes.
Time for some serious reaction, eventually?

Cable has just made a 3D to same priceflow as the two previous pushes.
Time for some serious reaction, eventually?

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!