Thanks Milam. I am sure many will find it beneficial. I'm going to read it later

EurAnalysis

Hey it made it through the weeds

The Club!

Yep. Has potential to melt down to $250 before the next surge.

Elliott wave outlook

Markit Spain Manufacturing PMI url

EurAnalysis

Cable looks like it has one more push upwards left in it as long as 1.6385 support holds. Therefore still holding long from 6242 and 6333 G/U H1 image Euro on the other hand is out of gas, so I'm flat. E/U H1 image

EurAnalysis

Good morning everyone. London has opened, the FTSE100 is at range low and our first EZ data release looks weak Spanish manufacturing PMI 48.6 vs 51.3 expected vs 50.9 prior

EurAnalysis

Yes it would make more sense, but who said the markets make any sense nowadays

Cable Update (GBPUSD)

Okay the news is all out of the way now and any significant moves between now and London open are highly unlikely. Oops. Maybe Kuroda will move the market a bit in 30 minutes, but I seriously doubt it will be much. USD has taken a bit of a beating ...

EurAnalysis

Agreed. This is definitely either a shorting area or a "sit on hands" area. It would be suicide to buy here. Need pullback to support, and then we see.

Cable Update (GBPUSD)

video

EurAnalysis

Yes last December was very bullish Cable... and this year we've already busted through the Jan1 high. However, 1.6550 is where I draw the line for this push up until we get a nice pullback. I definitely will not be looking to add any significant ...

Cable Update (GBPUSD)

Maybe, but I will be waiting for London open before making any decisions. I'm already long from 1.6242 and 1.6333 anyway, so I'm good.

Cable Update (GBPUSD)

Japanese buying up more more Sterling denominated assets... and that seemed like real money in action.

Cable Update (GBPUSD)

Macro Considerations url ...if there is a surprise, it would most likely come from the ECB. Since Draghi has taken the helm, he has surprised the market more than once by his aggressiveness in easing policy (recall the rate cuts at the first two ...

EurAnalysis

That is a custom made volume indicator for use in Volume Spread Analysis. The version I have has a significant number of proprietary modification which I made to the original indie and also contains alarms for key volume bars. Here is a copy. Use it ...

100% Daily Chart Analysis