Posts by JCLforex
|
in JCLforex chart
Apr 02, 2014 at 18:55
Taking profit here from last two red (sell) arrows.
|
|
in JCLforex chart
Mar 15, 2014 at 00:27
The GBP/USD continues to trade in a very narrow sideways range in dead center of the channel with the support of 1.6534 holding twice this week.
With such a narrow range holding on the gbp/usd best to stand aside. If the nearest support of 1.6534 fails I am looking to buy at the next support which is the lower channel level the pair is trading inside of right now.
|
|
in JCLforex chart
Mar 11, 2014 at 15:28
Catching a bid off of support.
|
|
in JCLforex chart
Mar 10, 2014 at 15:47
Trading at resitance now. GBP/USD also at support. Selling here. SL 0.9397, TP none
|
|
in JCLforex chart
Mar 08, 2014 at 22:41
Currently the sentiment of this pair is bullish along with the trend but the terrible trade balance numbers out of China on Friday night could sharply change this on the open come Monday.
It will be interesting to see if we get a gap down open on Monday and if that gaps fills by the end of the day or we move down to test the 0.8890 support once again.
|
|
in JCLforex chart
Mar 08, 2014 at 19:05
The EURGBP is currently trading a point where it could either breakout out of the current falling channel or fall back right into it.
Monday will provide an easy entry either long or short depending on if price trades above/below Friday’s high or low is taken out.
|
|
in JCLforex chart
Mar 08, 2014 at 18:21
The GBPUSD is currently trading in a very narrow sideways range in dead center of the channel.
There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side entries.
|
