image

Cable Update (GBPUSD)

Holy batshit... Look at the Euro and Cable fly. Glad I am still long both pairs

Cable Update (GBPUSD)

Here you go >>>

Cable Update (GBPUSD)

Month end flows, Santa Claus rally, retail crowd short squeeze and low volume. Quite predictable in my view. This will probably end between today and Tuesday with some significant profit taking. Rinse and repeat. Don't forget to buy the big dip when ...

The Club!

Blame Santa Claus for that. Regardless, I think the bleeding will stop soon (in the short term), but then it's going for the retail jugular once price drops into major demand in the previously indicated zones. Also remember that between today and ...

Cable Update (GBPUSD)

No no no. Cable will come down to somewhere between 1.6080 and 1.6250, and then it will likely shoot for between 1.67 and 1.72 After that, we're heading back down to 1.38xx or maybe even lower. Heck maybe even parity. However, who wants to wait for ...

Cable Update (GBPUSD)

Look at it this way Navin. All that juicy liquidity that the Fed created, and will continue creating till taper is fully completed, and will leave in the market until their treasuries and MBS mature (whenever that will be), is sitting in reserve ...

Cable Update (GBPUSD)

Intraday of course, coz this sucker still has more headroom. I'm thinking it may be good for a 300 pip pullback where it would be a given to load up long again. I'm not that comfy to counter trend it in thin markets.

Cable Update (GBPUSD)

I think the move up is done for now, but it can still go up to as high as 1.6550 area before going back down. Even then, I do not recommend selling. I think buying on dips is better, but for intraday trades, either way works.

Cable Update (GBPUSD)

Wheeee Ka-Chinggg!!! image

Cable Update (GBPUSD)

Yep. They are all flattered flies video

Cable Update (GBPUSD)

The further down it goes, the larger the position I will take when it gets there. I am patient. I have time. As long as the retail crowd keeps selling the rallies, I'll be looking to buy when the time is right. image

Cable Update (GBPUSD)

The start of green Wave 1 is the end of green wave B. So wave 2 does not exceed wave 1 as you say. By the way, the colours do not represent the degree. They represent the count and alternatives.

Elliott wave outlook

My guess is that it will start to creep back in on 2nd January, but the bulk of it will come back on the 6th.

EurAnalysis

Cool We may see as high as 1.3740 area, but next major stop should be 1.3500/50 zone. I'm betting on 1.3520 as the "To the pip" level, but that's just for fun and giggles. I'll buy anywhere under 1.3550 after I see how price is behaving and ...

EurAnalysis

Retail crowd is doubling down on Euro shorts. Stand by for the short squeeze in Q1 2014 Let's get down to a nice demand zone first. 1.3520 anyone? image image

EurAnalysis

Thanks guys. Merry Xmas to both of you also. hiccup!!!

EurAnalysis