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gfscapital replied Jan 11, 2016Aren't you selling support at this level? I would wait for pullback first. This market is very oversold at the minute.
Cable Update (GBPUSD)
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gfscapital replied Jan 11, 2016Cable still short. No mans land. Next support 1.42
Cable Update (GBPUSD)
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gfscapital replied Jan 7, 2016Hi This is my take on GBPUSD. It approached a major support at 1.4595 Stochs are massively oversold on higher time frames, we should see some correction from the support. Given Commitment of Traders Report and new short positions, further downside ...
Cable Update (GBPUSD)
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gfscapital replied Jan 6, 2016Nothing major up to taking the trade ( as per my own logic) NFP should pull it up to 1.0850 to trigger my second lot. Lets see
EURUSD
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gfscapital replied Jan 6, 2016This is my take 06 Jan – EURUSD – Short As expected EURUSD found a top around 1.0950 area and made a substantial move down. After consolidation between 1.0940-1.0900, the pair finally broke to the downside. The long term view remains short. The ...
EURUSD
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gfscapital replied Jan 6, 2016Trade balance printed -42.4B. Not sure is bigger is better these days for $$$?
EURUSD
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gfscapital replied Dec 17, 2015Seems like AUDUSD has a potential for 0.70 in coming weeks. This could be one good psych level
AUD/USD
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gfscapital replied Dec 15, 2015It might be messy tomorrow but this is still a sell. Perhaps dollar strength rather than anything else. Expect major swings tomorrow night
AUD/USD
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gfscapital replied Dec 13, 2015There is a clear engulfing candle formed recently on daily charts, and now we see it on the weekly chart. With FOMC raising rates next week, this is a sell to me.
AUD/USD