buying isn't over yet, 1,6120 area holds 200SMA and descending trendline cross and pivot (H4), daily is not bearish, far from it. Trade safe

Cable Update (GBPUSD)

No Tony I am talking about first engulfing bull candle after that drop on Weekly charts - I call it piercing pattern as Peter Bain did, it is engulfing pattern with long lower wick on a bullish candle - at least I understand it like that My stops ...

Daily candle chart

I am not a fundie guy and do not fully understand the market (like I should) but after FED annoucement of QE3 i became a long term $ bear, yes monthly indecision indeed but swings on daily could change that, I would be more into 1,6280/300 before ...

Daily candle chart

this week could be confirmation for piercing pattern plus those wicks make me feel more bullish than not, daily makes HH's and HL's currently going for engulfing, you'll have my $ or I'll have yours, H4 main swing from today has not finished yet ...

Daily candle chart

16193 here which is WR1 on my chart, currently long from WPP at 16053 this "should" be a normal movement between pivots. 16083 ahead, important intraday line imo.

Cable Update (GBPUSD)

US economy is like most main economies (UK/Australia) based on consumer spending and house market, low currency value is good for export/manufacturing based economies i.e. Germany. So low dollar value means higher price of oil which adds to your ...

EurAnalysis

it is easy actually, they will print more, because ben cannot do anything else, which mean he will be destroying value of dollar further, 2008-2013/14 US will have another reccession as its normal 4/6 years cycle. It is hard to admit especially for ...

EurAnalysis

They are buying euro as good GDP data from US increase risk apetite, it is not like with UK numbers yesterday which gave sterling a kick in arse, US GDP drives stock market up which increase value of a risk assets (gold/euro) called "risk on" now ...

EURUSD

Good data should lift equities up - good for euro, bought three positions at 2911 2912 2914 target is 1,3145 WR1 as this train started at WS1 1,2895 I'll see you when (if) I get there, have a nice weekend to all readers regards Tom

Euro/Dollar

S/O

Euro/Dollar

Levels for bulls are below, daily is guarded by 200 SMA, H4 still has room left for further drop, I will consider longs around 2844/5, 2830 and 2800 with bigger than usual position image free picture hosting

Euro/Dollar

New short sell, good RR tiny SL and good 40/50 pips down to next solid support at 2845 ish area, could be choppy before US data but good level to enter imo image upload

Euro/Dollar

as I said before a very tricky day, managed to make some good entries but failed to deliver solid results, seems like mid term trades works better for me, still love day trading thrill. Pro trading Jezek

Euro/Dollar

added now, first target @ 3005 second on 3058

Euro/Dollar

if this is a larger move 2970 is a good place to add or start again if you miss lower entry, will add 4th and final position if we get back down there

Euro/Dollar

I will murder my IP provider today.....so annoying , love the move

Euro/Dollar

A lot of nasty consolidation after drop, I like HH's & HL's on H1 and divergence forming on H4, not so happy about daily as drop to 2845 2595 would be much better for longs - that sweet third tap , still holding with stops in place

Euro/Dollar

Hello mate Many stuff ahead of us, Good luck with your trade, it's a tricky day

Euro/Dollar

Another position added Looking for daily pivot but with so much info ahead it could do much better, image image hosting sites

Euro/Dollar

Hi — Hi Good to be back, I just went long off DS1 @ 1,2937 SL @ 2930 TP open will BE asap, Daily still pointing downside, this is warm up for me after break. Big thanks to Mr C and others for all valuable posts, Regards Tom

Euro/Dollar