bilbobaggins

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Joined United States
Markets Allocation
75 % forex 25 % other
Top Mentioned Symbols
GBPUSD 75% | 3 SPX 25% | 1
bilbobaggins bilbobaggins GBPUSD, D, Short ,
GBPUSD: GBP/USD short opportunity
44 0 3
GBPUSD, D Short
GBP/USD short opportunity

GBP/USD has been great to me but let's see if it can't be any nicer. If it breaks support it could fall further to 1.38346.

bilbobaggins bilbobaggins GBPUSD, D, Short ,
GBPUSD: GBPUSD bouncy ball
152 0 5
GBPUSD, D Short
GBPUSD bouncy ball

GBP/USD just got stuck in a channel that can be played easily if you wait to sell or buy after it bounces off of resistance or support and have other factors that signal a buy or sell play.

bilbobaggins bilbobaggins GBPUSD, 60, Short ,
GBPUSD: If GBP dips below hourly 200 MA
57 0 6
GBPUSD, 60 Short
If GBP dips below hourly 200 MA

If GBPUSD dips below the hourly 200 MA it could open up to a deep drop to the hourly 100 MA and 50 MA.

bilbobaggins bilbobaggins SPX500, D, Short ,
SPX500: S&P 500 short opportunity
113 0 5
SPX500, D Short
S&P 500 short opportunity

The S&P 500 has been rallying strong over the past couple weeks. As you see it might come to a stop. The RSI is high indicating that the the S&P 500 has been overbought. Also the signal line in the MACD chart is crossing below the MACD line thus signaling a short. The final indicator that is might trigger this fall and potential profits is the penetration of a ...

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