price rejected weekly and monthly pivot, now pierced trought intraday daily pivot, I would be very suprised if we'd came down, but this is friday afterall forget selling if stays above 75

EURUSD

Hey Attila, is that 67/68 double touch on M5 was what you were talking about lately?In terms of entry.

EURUSD

even better for bears H4 doji in the making right at res, the problem is among ff members (no offence) that most guys think that sterling should not go more than lower 1600's and keep forgetting it used to be worth almost 2:1. Yes I bought so yes I ...

Daily candle chart

this could be a bull flag on daily and we started pole extension. image upload pictures

Daily candle chart

I count highs & lows on H4, works very well, thanks for warm welcome

Daily candle chart

I know where you guys stand in sterling but aren't you concern about the fact that euro was sold during NY and sterling made its way up? +1 on GDP and no QE from BOE at least for now? My ex boss hired two new sales ladies in the office, things ...

Daily candle chart

Yep I'd call it a clear rejection at least for now, this afternoon we had a bullish engulfing, crazy markets eh? H4 on my sterling forming double top, if we wont go above 1,6145/50 I will abandon my bullish plans, still like how weekly looks though. ...

Daily candle chart

Markets veryfies everything, we are small ants on elephant's ass. This is my last post in this place, good luck to both sides,

Cable Update (GBPUSD)

don't even start again, first and last warning. My track record is available in eurodollar thread, not perfect as fx is not a 100% winning game. you were calling bears for whole bullish london session. Got nothing more to say to you. edit, not ...

Cable Update (GBPUSD)

we reached MPV 1,6101 first touch makes MR1 at 1,6375 as a valid target.

Cable Update (GBPUSD)

first line done, next is at 1,6080 area which could be low for today as middle intraday pivot's act like that quite often, this drop is normal pivot movement between DR2/DR1, that H4 trendline we couldn't breach bother me a bit but nothing goes in ...

Cable Update (GBPUSD)

A very good one! agree, just a level to add another position to current success. Regards

Cable Update (GBPUSD)

valid, H4 weakness in sight, will be watching closely, it's up to NY now.

Cable Update (GBPUSD)

no clear direction as we consolidate, but symmetrical triangle ish is forming which could be seen as continuation of the bullish move from end of july, I would bet on a breakout as I said I am bullish on euro long term. I would focus on monthly at ...

Daily candle chart

all I need now is hourly close above 1,6127 intraday res, and H4 to stay above it. No shorts in sight.

Cable Update (GBPUSD)

don't be, lovely chart, on its path to set new highs imo. that's bullish engulfing with confirmation. Good luck

Daily candle chart

this could test 6100 or 6082 which is more likely imo, if not forget about selling sterling today,

Cable Update (GBPUSD)

I don't trade consolidation as I am not a scalper, not my style, set & forget works better, in this case you don't trade during consolidation but betting on a break up or down(based on D1&W1 direction) if you are aggressive trader you enter earlier ...

Cable Update (GBPUSD)

It is not a rule of thumb but making odds working your way... image images

Cable Update (GBPUSD)

There is a good and very simple way to see bull/bear by a trader from a technicall point of view. I always try to look for a weakness on higher TF's i.e. H4/H1 which is backed by D1/W1 charts. Such a weakness can be recognised by smaller candle ...

Cable Update (GBPUSD)