Buon Giorno Signore

EurAnalysis

I cannot see it going lower than 6395 by extension, but it is Monday London session. As I said earlier, NY open is my preferred time for longing this pair.

Cable Update (GBPUSD)

Good day folks and Happy Monday. It will be interesting to see what the markets have in store for us lowly retail traders today. Being a Monday following NFP, traditionally price keeps going in the same direction as the final one after NFP. However, ...

EurAnalysis

good call

Cable Update (GBPUSD)

I used to short in a bull trend and long in a bear trend, but those days are behind me now

Cable Update (GBPUSD)

Yep, sounds like a reasonable level. It would be nice if it gets down there before NY open.

Cable Update (GBPUSD)

It took a long time for the market to realize the following and it seems that you may not have realized it yet.... The Fed will NOT be hiking rates when unemployment reaches 6.5%. The 6.5% level is only a threshold that is required to be crossed ...

EurAnalysis

The RSI certainly offers confirmation that it was an impulse down. Anyway, regardless is 389x was the top or not, the direction now is still up. Only question now is how far up. And the uBer bears are at it again image

The Club!

Have a great weekend Minor... and everyone else also.

EurAnalysis

Thanks for the chart CK. The red lines is what I am thinking. image

EurAnalysis

Probably 1.6M Yen

Cable Update (GBPUSD)

Sorry about that Minor. I was trying to focus strictly on technicals today. Let me tell you why. Over the last few days I realized that there was no way to predict how the market would react to a better than expected number or a worse than expected ...

EurAnalysis

As long as Mathias Cormann pays you an additional family benefit amount, it's all good.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

It's been quite lonely being bullish Cable this week, but it's been profitable... That's for sure. image

Cable Update (GBPUSD)

Wow. You have a great memory. I already forgot about that one

Cable Update (GBPUSD)

That setup is coming soon... maybe Monday

Cable Update (GBPUSD)

Hi Delta, DD is "Dealing Desk" (Your broker takes the other side of your trade) NDD is "No Dealing Desk" (Trade transactions are sent directly to Interbank for processing)

Cable Update (GBPUSD)

NDD is definitely my personal choice, but that's your decision to make. With a DD acct your broker is betting against you... Never a good idea to be in that position.

Cable Update (GBPUSD)

Yes they do, but for scalping I would recommend the "Active Trader" account with very tight spreads and a tiered commision structure based on volume. url

Cable Update (GBPUSD)