Okay 1.61xx is quite far, but it is reachable. I wouldn't bet any money on it coz it's a counter trend trade, but I would certainly buy big if we went that low. Yes 63xx would be a good place to load up more longs. Anyway, to answer your question, ...

Cable Update (GBPUSD)

Hmmm. I was wondering why my Google (NSA) account is always enticing me with ads for FX brokers. They know about me and they want me to keep trading ADD: I found a solution to the problem. Quite fashionable too image

The Club!

Anything is possible, but to see 1.73 within 30 days would require us to see 1.61xx within 2 weeks. As much as I expect to see 1.66xx, I think that to get beyond that we will need a good size correction first. It may not be as low as 1.61xx but ...

Cable Update (GBPUSD)

Now you're on the right track

EurAnalysis

Friday closings are never the same. Besides the diff closing times you mention there are also the different closing spreads that can make a huge difference as liquidity drops to almost zero.

Cable Update (GBPUSD)

We are definitely going to see 1.4x, but it will probably not happen before a dip lower. My next key low to buy a dip is an oversold condition between 1.3685 and 1.3490 on the H4 charts Price did not make it all the way up to almost 1.39 for ...

EurAnalysis

That's quite interesting but there are two things that shatter that mirror. 1. Mirror patterns are only illusional and more often than not they are traps and fail. 2. Before 1999, the Euro was nothing more than a pure bred Deutschmark. Today it is a ...

EurAnalysis

image

EurAnalysis

I think the 61.8 fibo in confluence with the green trend line is more likely. image

The Club!

Thanks to one of my favorite TV puzzle shows video

EurAnalysis

bulls are getting ###### ## ##### ##### Id like to pick the letter "S" please bulls are getting ###### ## ##### #ss#s I'd like to buy a vowel please. "U" bulls are getting #u#### u# ##### #ss#s I'd like to buy another vowel please. "E" bulls are ...

EurAnalysis

Green 1 begins at green B and it is a 3 wave abc of a lower degree followed by wave 2, 3 and 4 (all of which are 3 wave zigzag). Now we need a 3 wave zigzag up and now (not in the chart) looks to be almost complete

Elliott wave outlook

I'm ready for both. image image

The Club!

Yep. No news and Euro rallies 200+ pips and cable 170+

The Club!

g'night and congrats.

Cable Update (GBPUSD)

Hmm Not sure about that. The bottom has now risen. I'd say no lower than 6250 now. On another note, after such a massive short squeeze, FF retail crowd still massively short. Obvious high tolerance for pain. image

Cable Update (GBPUSD)