rebyte2

Me smarter OT? Just looking at a bigger picture....and still IMHO. cheers

Plus... i forgot to mention that gold leaped out of the blocks today supporting that fact that USD is being sold down. Im happy to sit aside and see what transpires. Besides, im a creature of habit in i like to scalp, so i have another means of keeping myself entertained.

OT.... I also have GCHF on watch but im abit reluctant to press the go button as im feeling some bad vibes coming out of the US if Obama does not get his ceiling limit raised by next week. If this is the case then the USD will probably be sold off, making all USD Xs gain in strength. I know, only trade the charts but this is bigger than any charts im looking at. My view is that the currencies will go in to choppy waters.... IMHO.

Hi Ingot.... Out of that list of yours, EA, EJ, GJ and UCHF has not, on my daily charts, ventured into the EMAs territory. The others have definately passed the above first stage.but awaiting the SR to give the signal. Still short GA with some 66 pips infront. cheers.

Hi OT...... Hold that reply(if you want) as i've re-read your earlier posts and it all comes home now. cheers

Hi OT and all...... This is proving to be an interesting and informative thread. Hope it continues for some time yet. Looking at the GU daily with the required emas and the RS indy that Ingot has kindly supplied, i see that the PA under the emas and the RS turning south from its current position. Im also trialling a 150ema as an extra filter. The price is currently retesting resistance at this level, suggesting a possible downside movement. If this is a valid setup to the short side, where is the entry, or what do we wait for as a trigger? cheers for the thread.