MyPivots
Sign In
AL
albert
Rep: 99
Posts: 3,094
Starting it off.

Al
AL
albert
Rep: 99
Posts: 3,094
Looked at rat and Duane's charts over the weekend and was very impressed! Great work, guys. I miss Marcins charts, but I enjoy looking at them. Really really great work, guys.

All the best to y'all.

Al :--)
DU
Duane
Rep: 100
Posts: 1,095
Yeah rat and Marcin have the total package. Each in their own way. The way that fits them. Still the constant are the lines, and the fibs. However Al's charts are equally impressive!
DU
Duane
Rep: 100
Posts: 1,095
Brexit. What are the charts saying ? The question is, is Brexit Bullish or Bearish for the GBPUSD pair. The charts are saying that the No Deal is Bullish.

Weekly with simple trend lines. We have a breach of the primary trend line. We have a double bottom . We still have previous resistance and a long term resistance line and to breach before I am Bullish. The trend is down.




Click image for original size
gbpusd primary analysis oct 20 2243 pm 1 week png
DU
Duane
Rep: 100
Posts: 1,095
Trend Lines and a count that fits, but not really.


Click image for original size
gbpusd primary analysis oct 20 2316 pm 1 week png
DU
Duane
Rep: 100
Posts: 1,095
Lines . To me no deal Bearish, some sort of deal bullish. Soros where are you?


Click image for original size
gbpusd primary analysis oct 20 2337 pm 1 week png
DU
Duane
Rep: 100
Posts: 1,095
They love to take it to bring it down.


Click image for original size
gbpusd primary analysis oct 21 0002 am 1 day png
MA
MarcinO
Rep: 67
Posts: 5,506
Hi guys! I am looking at the same resistance levels for the Pound as Duane, but I do not trade it. Too many moves on intraday scale are driven by Brexit news, invalidating standard patterns and levels so it is hard to make money there. Interesting, that it didn't react to another Brexit delay.
In this way it becomes similar to Nasdaq and other indices ignoring all the bearish news on the way up recently. This a typical 'final wave' behaviour of the markets so I guess we are ahead of a serious correction on daily time frame. I will try to post some charts, but with my recent workload it is really hard to find time for that.
MA
MarcinO
Rep: 67
Posts: 5,506
My plan for the DAX is to keep short position until it hits 12520. Then we will see, but trading long of that level seems reasonable for now.

Click image for original size
dax 2019 10 21 png
RA
rat89
Rep: 0
Posts: 7,015
guess I'll throw in the dollar charts here....I really can't tell which way it wants to go...

Click image for original size
screen shot 2019 10 20 at 6 25 06 pm png

Click image for original size
screen shot 2019 10 20 at 6 25 48 pm png
AL
albert
Rep: 99
Posts: 3,094
Duane,

Thank you. I keep trying.

Al :--)
AL
albert
Rep: 99
Posts: 3,094
Duane,

Good work.

Al :--)