image Added to my long position: There is divergence with GBP/USD (even more now!) There is price action, as this asset gathered momentum from the weekly low. There is a weekly trendline that the market was sensitive to at that level. And we`re in ...

EURGBP

image Bought with market entry at 0.87888, S/L below weekly low, right after 1h price action was confirmed. There is divergence in raport with GBP/USD formed since 14.02 There is weakness on the small timeframe. There is a weekly trendline and ...

EURGBP

image Had a sell limit at 1.40621 with S/L at 1.40745. 2nd sell limit, after price action, was not honored, as price never reached previous weekly high again. There is a trendline at this level. There is divergence with sister pair Euro, as the ...

Cable Update (GBPUSD)

image 3rd sell (1.23496) entry. S/L at 19.02 low (1.23711), as in this inverted trendline situation price usually goes overbought. Strong price action from the false break-out and strong price action after FOMC convinced me euro has very strong ...

EURUSD

GBP looks good for a long term short if and when it meets the weekly high. There is a daily trendline there. There is divergence with sister pair Euro/Usd. And also a strong resistance from the 08.02 Hi-Low. Market has good memory, remembered this ...

Cable Update (GBPUSD)

USD/JPY lookes juicy for a call soon. As long as Euro keeps the aggresive downtrend here, divergence will be in play with this asset, and come the next golden ratio support I shall long for a long.

USD/JPY Discussion

image Sold right after the false strenght initiated in FOMC. Price action was very appealing as it pushed the price back below the hourly trendline. Main reason of sell was the convergence with Euro, as it moved in tandem since the 16th it was ...

Cable Update (GBPUSD)

Aleksbuk try watching the monthly charts once in a while. There is where the truth lies.

EURUSD

Still shorting the euro from 1.24500 and 1.24000. Added 2 entries after the break was clear. I don`t usually add in a break, but this is a very rare situation we have right here and it has precedent in 2014, same M.O. image

EURUSD

image BUY @ 0.88220 - S/L @ 0.88027 Decided to test out this level as well, after appealing price action. Divergence in relation with GBP/USD has deepend at this pair. There is a monthly golden ration at this level. Weekly low as support and S/L ...

EURGBP

probably after FOMC , ETA 12h

EURUSD

image Sold just above the golden ratio resistance emerging from the monthly fibonacci retracement. There is also the weekly high as resistance at this level. And the main reason of the sell: a divergence created, as Euro kept it`s strong downward ...

AUD/USD

image First sell entry friday, after what appears to be a false break-out. I waited for price action on the small timeframe, and after it made some wicks below the previous daily low, I entered. Price came from a monthly trendline, backed by a ...

EURUSD

Bought @ 0.88530 and added another entry after Euro/Usd presented no signs of a serious pull-back. This asset is in constant divergence with Gbp/Usd so the fact both came down from the 16th is an indicator in my view of the market. Previous weekly ...

EURGBP

Had a buy limit in the previous daily low, and I took another two long entries after the Euro presented no sings of reversal after that false break-out. Weakness is clear. There are two important fibonacci retracement supports at this level. Monthly ...

USD/JPY Discussion

Added a 4th long entry with S/L at previous monthly low, as that I consider to be the decisive support after the false break-out it made friday. Trade is low risk (210 pips). The rest of analysis you can fiind it in the previous post I made. image

USD/JPY Discussion

Added to my short position (4th entry), after the 1h trendline was confirmed with price action from the daily high. image

EURUSD

Not neceserally. Don`t mix up fundamentals with tehnical. Euro has hit a very important monthly trendline, backed up a fibonacci resistance and the 2009 Low`s. The situation with world markets will eventually affect forex volatility stronger, but it ...

EURUSD

This pair has been in divergence with the Euro since 02.02. There is an important weekly trendline at this zone. Clear weakness. Price action (strong wick) after the false break-out from the previous monthly low! image So yes I had a buy limit @ ...

USD/JPY Discussion

Re-sold in the same golden ratio resistance with original S/L at previous monthy high. So now price made a lower high on the weekly timeframe and I think this might just be a strong bearish warning. The rest of the analysis for this setup I wrote it ...

EURUSD