Im not sure what will happen, possible reasons. For LIBOR is over 5.50% Inflation still over 2% Against House prices except for South East are moderating and in redcent months mortgage approvals have been down which shows slow down in housing. ...

Cable Update (GBPUSD)

Sure, but its easier to post a day chart than an hourly chart to show the fib levels

Cable Update (GBPUSD)

It is looking bearish still, a breach of that fib line and there may be another big drop.

Daily GBP/JPY analysis

chart with fib levels, 23.6% has been hit earlier today and we have seen a bounce up. Price around 1.9930. Im looking for price to break through this level which would mean 1.9875 next. All this movement seems to be related to the carry trades being ...

Cable Update (GBPUSD)

news out for GBP at 11am much worse than expected

Cable Update (GBPUSD)

A joyous day for many, should be alot of money spent on alcohol and parties in celebration of finally being rid of him. This will help consumer spending and retail sales which will give a boost to the pound. However it will contribute to a high CPI ...

Cable Update (GBPUSD)

GJ with 38% fib level hit exactly, good idea for a long from here? UJ also at its 50% fib level at around 122.50

Daily GBP/JPY analysis

This is a weekly report for the Canadian dollar futures contracts open which may be of help in the oanda chart way. (Commitments of Traders data is published each week by the Commodity Futures Trading Commision (CFTC), a US government agency, on ...

USDCAD trend reversal?

Daily chart of UJ showing last up move with 38% retrace, like a dope I missed this long entry

Daily GBP/JPY analysis

No change - FED comments exactly the same as last month probably

Cable Update (GBPUSD)

Im short here, US news didnt have much of an impact even thought it was slightly bullish just by looking at the figures however this excellent post shows why we have seen a small drop. url So when reading into the home numbers it would be slightly ...

Cable Update (GBPUSD)

Sure its a flag but there is a triangle in it as well which the other person may have meant, it may provide a nice trade.

USDCAD trend reversal?

Its a closely guarded secret that Bravado actually controls the direction of the currency markets by using the up and down keys on his keyboard. oops

Cable Update (GBPUSD)

Beer also leads to this Cesar

Cable Update (GBPUSD)

What about tuna? Or is it tunas.

Cable Update (GBPUSD)

The 1.9980 area mentioned already looks to be immediate support I am going to try a sell order at 1.9975 with short stop. Breakout trade I hope

Cable Update (GBPUSD)

1st target hit 2nd is 1.0651

USDCAD trend reversal?

I also have a 1 trade a day 'system' for cable that has been profitable. It has lost 2 days running but overall its up over 7 months. Its a case of the percentages game. Win more than you lose.

Cable Update (GBPUSD)

1.0700 broken more downside to be seen now? 1.0676 is my first TP target

USDCAD trend reversal?

True its got me thinking about closing those shorts but price action still down on 1 hour and 4 hour charts

USDCAD trend reversal?