Intraday 

Intraday

EUR/CHF Intraday July 30, 2010

Posted by Hell7 on Fri, 30/07/2010 - 09:43 in

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

Posted by Hell7 on Wed, 28/07/2010 - 12:11 in

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

Posted by Hell7 on Wed, 28/07/2010 - 08:34 in

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

Posted by Hell7 on Thu, 15/07/2010 - 08:52 in

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

Posted by Hell7 on Wed, 14/07/2010 - 11:13 in

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

Posted by Hell7 on Tue, 13/07/2010 - 13:57 in

The 4 hour chart of the continuous Silver future shows that price is moving in this blue wedge, the top of which I plan to short for a swing trade.

GBP/USD Intraday July 07, 2010

Posted by Hell7 on Wed, 07/07/2010 - 11:37 in

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

Posted by Hell7 on Fri, 02/07/2010 - 11:25 in

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

Posted by Hell7 on Wed, 30/06/2010 - 22:37 in

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.

Crude Oil (CL) Intraday June 23, 2010

Posted by Hell7 on Wed, 23/06/2010 - 16:23 in

The 4 hour chart of the continuous Crude Oil future shows that price reached the lower band of the large yellow wedge, where I covered 50% of my swing short position.

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