Took a closer look at BA, and I wouldn't buy at these levels. Outside reversal day looks ominous. But oil looks good to me for a contra sell.

The Club!

Sounds like you've got it all figured out. Pardon the interruption.

Cable Update (GBPUSD)

Without looking at the chart too closely and assuming oil is ripe for a nice pullback (which I am), I'd say you betcha.

The Club!

Euro is the star performer on the crosses. Once those level off next week, euro will be ripe for a fall.

EURUSD

Hi Davit, Let me ask you a question. Would you have been more comfortable letting your position stay open if it was only 3 lots? Or maybe 2 lots?

Cable Update (GBPUSD)

Hi Infinitus, Could I trouble you to post a chart with some of your long term wave counts on cable?

The Club!

Oh, I certainly don't make any decisions based on CNBC's shills. Not to worry. And whether I'd like to be right or make $$$? That's the easiest decision I'll face all month. Dough Rae Me please! I didn't come to forex factory for validation. I am an ...

EurAnalysis

Just saw John Hilsenrath on CNBC and his take away from Ben's talk yesterday was in line with mine. Bernake's message did not change, half of the voting members want to end the QE program this year and his comment about inflation being below and ...

EurAnalysis

Thank you for the compliment. But I don't think buying the USD is fighting the fed atm. Big Ben just made an ambiguous statement that was wildly overblown by the market which triggered a massive stop run. Ben did not signal a change in policy. ...

EurAnalysis

Price bounced off the 50% of the Bernake move (12843-13205). Break of descending TL might be good for retest near highs, mental stops below fib.

EurAnalysis

Open positions

EurAnalysis

Bear market rallies are always the worst. Or in the fortunate ones case, the best. That weekly bar that is shaping up on the euro is not pleasant for the bears, no doubt. But it'll actually take more than that to shake me out. I guess I'm a "true ...

EurAnalysis

You see consolidation. I see an ABC correction followed by the beginning of a wave 3. I suppose we'll see what happens next. Not much more to say on the subject.

Cable Update (GBPUSD)

Seems very clear to me but people see things differently. gl2u

Cable Update (GBPUSD)

Not sure what you're missing.

Cable Update (GBPUSD)

It's fairly common to see a bullish candle after 3 black crows. This bear isn't shaken out. Still looking for 1.42 and below

Cable Update (GBPUSD)

Well that sucked. But on the bright side, these are great levels to add to euro and cable shorts.

EurAnalysis

1.33xx?

EURUSD

What a mess. Cable needs to give us an hourly pin. Would be a decent reversal bar.

EurAnalysis