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 :--)
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.
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.
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.
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.






