Agree Back to 1.5230 by clock off time

Cable Update (GBPUSD)

We are at the 38.20 fib retracement of yearly 1.70 top - 1.42 bottom. It looks like a break out but this hourly candle could become a red pinbar too.

Cable Update (GBPUSD)

Hi all, hard to work out at the moment. Risk off day, equity falls, bond rally, GBP/CHF just took a dive that hour but cable looks like making a new high?

Cable Update (GBPUSD)

This is going down imo. Hourly reversal bar confirmed top. Current bar retraced 50% of reversal bar and fell away. Sitting on the hourly trendline and wanting to break it. Shame about support at 5230 and I got to sleep. Oh well......

Cable Update (GBPUSD)

This could be top? Equity markets selling off and Tbonds bullish 4hr bars.

Cable Update (GBPUSD)

Hi all, maybe the news in 1 hr will decide tonight's direction but on the daily its begging to hit the 200 ema and yearly 38.2 fib retracement. I've been looking at this since last week.

Cable Update (GBPUSD)

Hi all...Will she break the range tonight? With all the bullish euphoria around today, why not? Looking for a bullish hourly reversal bar to form possibly around the 5150. A similar setup to the last 2 previous days. My charts on the daily show ...

Cable Update (GBPUSD)

Hi all. I love reading all your posts on here but I don't post much as I'm too new to Forex and still finding my feet. Looking forward to next week I also see a ton of resistance around 1.5300 on weekly and Daily charts. However I thought I'd post ...

Cable Update (GBPUSD)

I've been trading full time since last September. I still consider myself a total noob and I'm experiencing all the frustrations you guys are. Stopped out early,then it goes your way and taking profits too quick are my biggest problems. Mixing time ...

Forex Frustration Venting

In the words of our once ex great economist-prime minister. " It's the correction we had to have "

AUD/USD

My charts show a bit of support coming up. Day S2 @ 9022 and weekly S2 @ 9010. So I gather it will pull up soon.

AUD/USD

I've been trying to plot the demise of this titanium strong currency for weeks now. I've tried to use every approach I can find to try and find a weakness. Now a lot of you are showing descending channels and so what but in essence if you look at ...

AUD/USD

I think it's dropping due to Risk aversion. All the indexes in the red today following on from Friday and the Yen is on the march. Great Bear conditions...

AUD/USD

Hi all, I found this thread on the weekend and found it thoroughly interesting. Nice system suited to those of us who can't seem to stomach holding onto a trade for too long. Nice setup today, short on AUD/JPY netted 20 pips on my micro account. ...

Trend Follower 5 Minute System

So I'm learning as I'm going here as well as getting rather confused. Any of you guys follow fractals? 5 bars, reversal pattern. Well looking at the 8 hour chart, I have the last 5 bars in the box looking like a fractal indicating this thing is ...

AUD/USD

It seems that way but I think it's getting close to a reversal. Negative feedback from Merkel in eurozone may spark risk aversion and USD/CAD seems to have found a bottom, smack on a fib retracement. I'd like to see this pair close the day around ...

AUD/USD

This is where it's heading... Don't forget to bring your cosmonaut suit!

AUD/USD

This has been hanging around the weekly pivot for a few hours now. Broke through the downside of the 120ema on the hourly for the 1st time since the 5th but is now trying to get back up. On the 8 hourly the last candle closed under the 15 sma which ...

AUD/USD

If that pin gets broken to the downside will make for a Bearishly interesting week.

AUD/USD

I know....but my short term ema has it bouncing off 9160, trendline has a bounce off 9145 and long term ema which has basically guided this whole rally which I have totally ignored has a bounce off 9125. One of these will come true before it heads ...

AUD/USD