beng86

Message Follow Following Unfollow
Joined London
Markets Allocation
89 % forex 11 % indices
Top Mentioned Symbols
EURUSD 61% | 11 GBPUSD 22% | 4 EURGBP 5% | 1 FTMC 5% | 1
beng86 beng86 FTMC, D, Long ,
FTMC: Bullish break?
7 0 0
FTMC, D Long
Bullish break?

The recent closes have seen the FTSE 250 close above the downward sloping 1/1 line suggesting we are into more bullish territory. The recent rise may have been too fast but i can see the Uk mid cap index rallying into the downward sloping 2/1 line. The only concern is the divergence of the MACD histogram. There was a strong close today though

beng86 beng86 FTSE, D,
FTSE: Running out of steam?
10 0 0
FTSE, D
Running out of steam?

we have had a nice run since October but can it be sustained. The MACD histogram seems to be diverging away from the rally. Can see this running up into the 3/1 line but would need to push through it for the santa rally to start. Would like to see a break of the upwards 1/1 line before entering a short it were to go that way.

beng86 beng86 EURUSD, 60,
EURUSD: EURUSD - stopped out
42 0 0
EURUSD, 60
EURUSD - stopped out

Got the call wrong - - luckily had a tight stop at the green line.

beng86 beng86 GBPUSD, 60, Long ,
GBPUSD: Backs up EURUSD trade
119 0 2
GBPUSD, 60 Long
Backs up EURUSD trade

Was a little worried by the pair confirming the downward trend. The break upwards suggests a long position is feasible. MACD has crossed into positive territory and the RSI is trending upwards. Given long trade on EURUSD i won't be backing this as well but it adds to conviction about a retracement of the GBP and EUr against the USD. the issue is that none the ...

beng86 beng86 EURUSD, 60, Long ,
EURUSD: EURUSD
31 0 0
EURUSD, 60 Long
EURUSD

The break of the channel coupled with the divergence could suggest this is heading back to the resistance level drawn in green. fingers crossed.

beng86 beng86 EURUSD, 60,
EURUSD: Long?
34 0 0
EURUSD, 60
Long?

After riding the pair lower is it time to turn long. Both MACD and RSI are showing divergence. A break of the green trend line should suggest this pair is heading higher, though maybe slow given the downwards trend

beng86 beng86 GBPUSD, 60,
GBPUSD: GBPUSD
23 0 0
GBPUSD, 60
GBPUSD

The channel looks to be establishing. The earlier break of the the resistance (blue line) was a good entry. Now we look towards the top of the channel for a secondary entry point.

beng86 beng86 GBPUSD, 60,
GBPUSD: Umm - downside?
19 0 0
GBPUSD, 60
Umm - downside?

GBPUSD looks like it could have continued downward trend. Both indicators look like we could be heading lower as well. The two lines of caution have to be the (blue) horizontal line of the price chart. Also the upward (green) line on the MACD. It would be good to see a break of both these points before trading.

beng86 beng86 EURUSD, 60, Short ,
EURUSD: Held in a downtrend
26 0 3
EURUSD, 60 Short
Held in a downtrend

having been stopped out earlier If the MACD hods the trend line this could be a nice point to see the pair drop to the bottom of the range. a risky re-entry point.

beng86 beng86 EURUSD, 60,
EURUSD: stopped out
38 2 2
EURUSD, 60
stopped out

The tight stop at the blue down ward trend line proved useful. Nice profit from top of the channel to this point. the RSI has broken through its trend as well. MACD still waiting. Whilst a move to the bottom of the channel is still likely - looking for the next resistance (the long blue line above the current price) as the potential entry.

beng86 beng86 EURUSD, 60, Short ,
EURUSD: 1H version of the update on Daily chart
11 0 0
EURUSD, 60 Short
1H version of the update on Daily chart

this is the 1H on the previous post

beng86 beng86 EURUSD, D, Short ,
EURUSD: Coming to the end? Lots of quetions - few answers
248 0 0
EURUSD, D Short
Coming to the end? Lots of quetions - few answers

The ride has continued on the lower half of the trend, Looks like we have stalled at the current level but could we soon resume to the bottom of the trend? the next question is what happens from there. The RSI won't show any divergence vs 17/09 (red lines) - could this suggest the downwards trend continues. However looking back a little further to 9/09 (Blue ...

beng86 beng86 EURUSD, 60, Short ,
EURUSD: Interesting point
282 0 1
EURUSD, 60 Short
Interesting point

Trade from the top of the channel has gone well so far. RSI has crossed it's recent trend line but not yet confirmed. MACD is heading towards it. Could this see the pair bounce back up to the trend line (offering us another short opportunity) or continue down to towards the mid line.

beng86 beng86 EURUSD, 60, Short ,
EURUSD: update on previous bar
34 0 0
EURUSD, 60 Short
update on previous bar

trend should continue

beng86 beng86 EURUSD, 60,
EURUSD: A continuation of the trend
42 0 1
EURUSD, 60
A continuation of the trend

A sell at the top of the channel. The break of the trend in the MACD does suggest some caution. waiting for this to roll over could be the signal to sell.

beng86 beng86 EURUSD, 60, Long ,
EURUSD: EURUSD
155 0 1
EURUSD, 60 Long
EURUSD

recent divergence of both MACD and RSI suggest we are into the corrective phase. In the ST it appears we are in the III wave of the a correction. Can see this topping out close to the 1.2983 level or the higher 1.3035 level. From there the corrective B wave and C wave should follow. The c wave should see a retrenchment to either 1.3035 or 1.3133

beng86 beng86 GBPUSD, 15, Long ,
GBPUSD: ST Long - Gap fill
32 0 0
GBPUSD, 15 Long
ST Long - Gap fill

Can see the ST trend continuing up to fill the gap

beng86 beng86 EURGBP, D, Long ,
EURGBP: rally to the top of the channel.
39 0 0
EURGBP, D Long
rally to the top of the channel.

can see the H+S patten returning the the pair to the top of the downward trend. Would think the area around 0.80809 is a more likely stopping place but we shall have to wait and see

Last visit UK
440
14
1705
Message Follow Following Unfollow
Last visit Indonesia
9
0
40
Message Follow Following Unfollow
Last visit Türkiye
13
0
61
Message Follow Following Unfollow
Last visit
12
3
59
Message Follow Following Unfollow
User follows nobody
EURUSD
Евро / Доллар США
Follow Following Unfollow
Market
Interval
Browse
Time
Type
Browse
Time
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out