Intraday
EUR/CHF Intraday July 30, 2010
The 4 hour EUR/CHF chart shows that the short taken a few days ago reached it's first target (the bottom of the flag). Time to take some off for 300 pips, keeping a small part to catch the flush should price break below.
EUR/CHF Intraday July 28, 2010
The 4 hour EUR/CHF chart shows that the trade I was shaken out of earlier reached it's target, and that price seems ready to revisit the lower line of this large flag.
GBP/USD Intraday July 28, 2010
The 4 hour chart of the GBP/USD shows that price reached the upper band of this large green pitchfork, just below the 50% retracement level of the entire move down.
EUR/USD Intraday July 15, 2010
I don't know much about EW theory, but the wave count on this 4 hour EUR/USD chart shows that the bull-run might be over, and that we are headed to new lows.
EUR/USD Intraday July 14, 2010
The 4 hour EUR/USD chart shows some conflicting signals. On one hand price is moving in a small flag (red lines), suggesting that there are higher prices to come. On the other hand price completed an AB/CD move (two yellow lines), which could indicate that the top is in.
Silver (SI) Intraday July 13, 2010
GBP/USD Intraday July 07, 2010
The 4 hour GBP/USD chart shows that price is indeed showing the weakness I expected a few days ago, and double topped a few pips below the 78.6% retracement level.
GBP/USD Intraday July 02, 2010
The 4 hour GBP/USD chart shows that the blue flag shown last time delivered nicely, and has brought price close to the upper yellow trend line and the 78.6% retracement of the last downswing.
GBP/USD Intraday June 30, 2010
The hourly GBP/USD chart shows that price is getting close to a high probability bounce point: the crossing of the lower band of the blue flag and the yellow uptrend line, and the 78% retracement level of the last upswing.
