Possible Head and Shoulders has just completed on D1 guys. Careful.

Trading EURUSD only

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Trading EURUSD only

Thankyou. No offence intended. Yes, your post did prompt me - but I knew I could be getting the wrong end of the stick.I'm pretty sure some people short the EUR/USD when they think the Dollar is weakening (and vice versa) though! p.s. I would be ...

Trading EURUSD only

I know this is Currency Trading for beginners, but sometimes I'm not certain that everybody understands chart direction, so please dont be offended if this is obvious to you and I have misunderstood your question.As EUR is the first currency in the ...

Trading EURUSD only

Hi 21vs7, so you realised the fundamentals were all pointing down, but chose up - which was right Perhaps you could share your thinking on it? I think this move up is a stop hunt, and we should crash soon, but who knows. I've certainly seen the ...

EURUSD

image There's going to be strong resistance at this level due to the UTL, but that bad news may well give her the shove needed.

Cable Update (GBPUSD)

24 & 200 cross direction — Hi Magix, I've been following your lessons with interest. It looks like we're about to have a SMA24 & 200EMA cross in the 15M, but how do you tell which direction - just wait for the PA? Truly appreciate your ...

Cable Update (GBPUSD)

I have to agree. Cable is holding well against strong downwards pressure by the rising swissie. This could fly.

Cable Update (GBPUSD)

Don't worry about going solo -i've seen 99% if the people on this thread dead wrong loads of times!

Cable Update (GBPUSD)

Quarterly GDP — My thoughts are that Brown & Co. are not going to put out a bad quarterly GDP before the general election, so am expecting good news at 4:30 GMT. Unsure what will happen to the price before - although I would expect it to creep ...

Cable Update (GBPUSD)

If you click on the Folder icon under the Detail column it usually explains why.. BOE MPC - Listed as a 'Tentative' event because the statement is usually only issued if the Official Bank Rate changes (except under extreme conditions). If the ...

Cable Update (GBPUSD)

Very sorry to hear that Intrepid.

Cable Update (GBPUSD)

She's jumping alright! Whooohoooo! image

Cable Update (GBPUSD)

Cup-a-Soup — Hi Shad, I'm enjoying your contributions, but I'm currently a bit confused and wonder if you could clarify? Over in USD/CHF you highlight the weekly cup and handle (correctly IMO), which points to dollar strength over the next few ...

Cable Update (GBPUSD)

Isn't that in 1hr 25mins? Sorry to be a party poop!

Cable Update (GBPUSD)

One to watch. — On the Swissie (USD/CHF) the dollar has been edging towards a 4 month high of 1.0509. If it breaks through this level, the dollar could rise rapidly across the board, and Cable will see the additional downward pressure. Beware ...

Cable Update (GBPUSD)

Hope your next last-laugh goes a bit better.

Cable Update (GBPUSD)

Bubble? — If the US news is bad we might just re-inflate this 'bubble'. image

Cable Update (GBPUSD)

Double bottom? — We were here last on the 15th. image

Cable Update (GBPUSD)

Channel break — We've broken out of the 100 pip channel we've been surfing for the past 48 hours. Watch to see if the 12 day hourly channel holds. image image

Cable Update (GBPUSD)