Reminds me, breakout?

USDCAD trend reversal?

True dont listen to other peoples opinions formulate your own. Think about it logically, if these analysts were so good at fundamentals then they would surely be independent traders and not working for a bank.

Is bloomberg channel good enough?

Bloombergs too boring for me, CNBC is the better option. For the best look at figures I prefer playboy TV but this is detrimental to my trading for some reason

Is bloomberg channel good enough?

Good entry in my view. Did you base this on looking at an hourly chart looking at price action?

USDCAD trend reversal?

I have added two charts for my view of cable. First chart shows trend on 4 hour chart from 18th April with false breakout (This is a quick sketch) 2nd chart is 4 hour chart showing fib levels. Circled in red is a good entry for a long, this is a ...

Cable Update (GBPUSD)

Does this mean Cesarnc has to put his dress on again now and sing Britney songs?

USDCAD trend reversal?

Here is a weekly chart showing for the first time in the South run a weekly bar stamping a price higher than the previous bar. Before this every weekly bar kept making lower highs until now. Also a tail or pin formation is has been formed on the ...

USDCAD trend reversal?

On the daily chart posted showing fib retrace levels of this great run south It does look bullish currently USD/CAD- a possible target could be the 23.6% fib Level. Aroung 1.0850. Also yesterdays bar with the red arrow looks a good bullish bar to me ...

USDCAD trend reversal?

Average earnings out tomorrow for UK at 9.30 and Retail sales in US at 1.30pm probably the pick of the reports. With cable who knows how they will be interpreted.

Cable Update (GBPUSD)

GBP is very strong today up against other currencies as is the $. Unfortunately for me I shorted GBP instead of the Euro and now in a small loss! I chose the GBP ahead of Euro due to the added 2.5% CPI number that would suggest no rate cut next ...

Cable Update (GBPUSD)

Yes I went short again price now at 1..9689 9 pips up! (only looking for 20 again ) 1.97 looks to be top of range until tomorrow morning. I agree, I think 2.7% and above would result in the market pricing in another rate hike which would see us ...

Cable Update (GBPUSD)

Price near top of range again - repeat trade! In at 1.9698 edit added fib chart

Cable Update (GBPUSD)

I close mine for 20 pips Wow that was fun! Time to make some chicken

Cable Update (GBPUSD)

Its 1.9686 now! a mighty 10 pips up! lol May as well move stop loss to break even for a freebie trade

Cable Update (GBPUSD)

Ive sold at 1.9696 for a small target gain of around 30 pips -Small range today and we are at the top of it - This quick short also supported by last weeks high/low fib level at 23.6% and corresponds with 1.97 a good psycological resistance. Dont ...

Cable Update (GBPUSD)

1.2% PPI number has hardly moved cable. Sure it was higher than expected but was it big enough to cause a worry that UK inflation is rising and lead to another rate hike? Market reaction to the news says alot. As mentioned CPI is what we maybe ...

Cable Update (GBPUSD)

trade balance btter than expected for US 1.9665 a good sell?

Cable Update (GBPUSD)

interesting trade balances for both currencies out. Both way better than expected

USDCAD trend reversal?

This pair is awesome price now 239 thats 100+ pips bounce up off the fib level from a few hours ago

Daily GBP/JPY analysis

Here is daily USD/CAD chart from 8th Feb with posssible retraces. I believe it is bullish at present. Is 1.0850 a good target. Bullish $ at present and looking at price action may support this obviously being very wary of further downside with this ...

USDCAD trend reversal?