I still think we in a major technical support and convergence area + the fundamental downward pressure is also high. I still stand by my thought that volumes are what is going to resolve this conflict between the bulls and bears here..

EURUSD

I kinda agree with your technical sentiment.. We should be able to confirm soon anyway..

EURUSD

Not enough volumes to judge anything guys... It seems the scalpers are supporting at 1184... Used to be a scalper and its very nice with very high risk... Now I am working on my long-term trading skills..

EURUSD

I like a little risk.. My SL is my friend... I am long if today end like this nice day candle and tomorrow confirms the support. This one is too technical to let go imo..

EURUSD

True, but with more downward pressure by the falling trend line, it may break the support. Note the "may". Like you I am still watching for a bullish move on EURUSD..

EURUSD

Looking at your chart, this US Index may form a head and shoulder, in which case the EURUSD may create a sort of inverst HS. This may take us down to 1.0620 if true.

EURUSD

image

EURUSD

this where the upper limit of the bearish channel is for today. if the market is able to close high the new day opens (born) above the trend line (breakout).. But then we may have to wait for confirmation and bounce up to a new bullish move..

EURUSD

image Have you guys seen this before?

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

well.. not 1000..!!!!!!!!!!!!!!! only 9.3

Cable Update (GBPUSD)

yeah bro.. i like this part the most.. lets get luck.. besides we can both be right from different view points.. GL

Cable Update (GBPUSD)

i am starting to thing that FF will need to let us indicate our mode of trading if it is short, mid, or long term. and we should indicate the mode of our views too so not to create confusion..

Cable Update (GBPUSD)

from what i read from your post we are agreement.. i described the move from 5000s to 5400s as powerful and determined and has potential to go further. infact i also added that this move was generated from the monthly demand and historical rising ...

Cable Update (GBPUSD)

here is what i see on this fine morning.. of course everyone has already given great views thanks. from the psychological point of view, the USDINX was kicking at a number of resistance factors while the GU monthly was in a demand area which was ...

Cable Update (GBPUSD)

Ok ... I have really had it with traders under estimating other traders.. and here is what I think.. Although we should have expected a bigger bearish pressure above 5230, now I am expecting 5500 very seriously although I am stuck with shorts..

Cable Update (GBPUSD)

1.6 1st..

Cable Update (GBPUSD)

My same observations on May 18th url

Cable Update (GBPUSD)

i just hope the news will produce a better sentiment. the corrections and congestion is killing me!! and the US is producing too many conflicting signals imo..

Cable Update (GBPUSD)

i am short on the GU to be honest.. but the damn USD index is running in to wall on monthly and is stalling at the moment.. not sure if it will push through to the north.. some on other threads think its a no brainer that the USD will run higher and ...

GBP/USD outlook