morning. Took the long at 470 off the 15m 21 and 1h 5. Out here at 560 at the top of the channel. It might exceed of course...

Trade what you see NOT what you expect

looks like an ascending triangle on the 15m trying to sneak up through

Trade what you see NOT what you expect

well I see I haven't missed anything so far this afternoon.

Trade what you see NOT what you expect

have a good night guys and great trading today. Well done on the bold short EO

Trade what you see NOT what you expect

It's just a guess but I'd wager they (or their boys GS) are (or were) pumping the markets up like there's no tomorrow

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money printing might justify it Even if it does correct properly you could safely wager that there'll be even more printing to get it back up again

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true, and beauty has its own rewards

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lucky lucky goals last night Gallas celebrating the back goal like it was a cup winner

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yeah I think we call that method hand-to-mouth

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I've closed at 80 and reversed, looks okay for a shot

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Did you write the Dickipedia article on him? url

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nice one. I got in at 512, still slapping my forehead that I closed my long from 387 at 439

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well then you might as well just place trades on cable and eu at the same time

Trade what you see NOT what you expect

thanks I'm aware of the link. They move in tandem to a small extent only -- take today (among hundreds of days) as an example. Whilst EU limps upwards we have cable flying. A mere glance at separate dollar / euro / pound charts will show you why -- ...

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don't gamble. There's no reversal candle on 1h, 4h or 15m yet, and the moving averages are mostly supportive

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Why persist in this myth that EU has anything to do with cable? We're trading pound/dollar. Any wish to see behind-the-scenes can be done by viewing separate pound and dollar charts, not a separate currency pair.

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just for consideration I see a couple of conflicting things on the daily. We do have that possible channel pointed about yesterday (I think by davids). Yet if the broken daily trendline is accurate then a retest would come in around 540 which would ...

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we're faltering just now around the 61.8% retrace from Sunday's open. I believe there's a small gap in the low 500s

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area to watch for on my 4h

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big £ strength following higher than forecast CPI and RPI figures. No $ weakness yet.

Trade what you see NOT what you expect