Good stuff. I was watching the tumbleweed blowing over the thread for a while. Let see if we can walk through some killer 500+ pip trades when the opportunities arise.

Medium & Long Term ONLY

EUR/USD is approaching an untested demand zone which should be good for a 1-2 week 200pip bounce, let's see. . . image

EURUSD

EUR/USD The EUR pairings have been a thorn in my side this year. The eco-rot in the Eurozone has persisted for longer than I anticipated which has left me sitting on positions that at times moved well into the red. EUR/USD is approaching an untested ...

Medium & Long Term ONLY

The 50% Fib at approx 0.8 also quoted by the reserve bank as a target exchange rate will offer considerable support. Below this the mega demand zone at 0.72 could well be a show stopper to any downtrend. I have a slight bearish sentiment on the AU ...

Medium & Long Term ONLY

Preparation for GBP/USD trend continuation, first target being the 1.67 untested supply zone. image

Medium & Long Term ONLY

The two double tops at approx 2.1 represent supply absorption from the now resolved supply zone that was created during the 2010 consolidation prior to the subsequent move lower. These two highs suggest that 2.1 will in fact offer very little ...

GBPNZD trading calls

I am looking to re-enter long also. url

GBPNZD trading calls

Here is the GBP/NZD from another perspective, showing a few important supply/demand ( sup/res) zones, untested levels highlighted in red. Note the chart displays real areas of supply and demand resolution and not the pseudo levels that are often ...

Medium & Long Term ONLY

Nice work. You are now up approx 1200 pips on the two positions and hopefully are still in the trades!? Do you have a mid term target zone?

Medium & Long Term ONLY

image OK, cooking on gas now, the scenario is playing out, rip tide has changed direction. I exited all GBP pound pair positions temporarily ahead of the Scottish independence vote, now looking for "re-entry" with the minimum amount of volatility ...

Medium & Long Term ONLY

Following recent events concerning the KIWI the writing is now firmly written in the sand for this pair to reach the 38% fib retrace of the major trend cerca ~1.17. I have two positions triggered, after waiting for a significant retrace on the daily ...

Medium & Long Term ONLY

Significant zones to load in long on the AUD-NZD. The monthly pivot has been tested twice which will have soaked up the available demand at that price level. Most likely to buckle on further selling pressure. Chart marked with points for loading ...

Medium & Long Term ONLY

All GBP long positions temporarily closed until the Scottish vote outcome is known. Risk of YES vote and a run on the pound now too high!

Medium & Long Term ONLY

Price has bounced off the 38% Fib to give a short term move of 300+ pips. A lot of volatility expected due to the Scottish vote, if the NO vote wins which I think is most likely, a rapid rally in pound pairs likely. If the YES vote wins and the ...

Medium & Long Term ONLY

This pair is shaping up very nicely, I am glad you mentioned it. Swap is minimal so it can run as a set and forget for mid-long term. image

Medium & Long Term ONLY

Some technical zones worth chalking up on GBP'AUD, especially the UNTESTED monumental demand zone starting at 1.636 that took three years to form! Reminds me of a similar scenario on the AUD'USD and AUD'CAD in reverse. Mega supply zone hit in Oct'13 ...

Medium & Long Term ONLY

Measured loading into the GBP. No further analysis needed. What could possibly go wrong?! I will be back after Christmas dinner to see how it went. image

Medium & Long Term ONLY

image I mentioned the USD-CAD mid term support zone back in May, a good technical entry level. Price has subsequently continued the bullish move from this level which would have made a good mid term trade. I did not take this position primarily ...

Medium & Long Term ONLY

GBP-NZD has been creeping north with no more downside in the wake of RBZ rate hikes, a good sign! Of course BoE rate hikes are looming and this is starting to be reflected in the price, aiding in limiting the downside. Technically I an seeing a ...

Medium & Long Term ONLY

image The time for taking profit is nigh! Price is approaching the 23.6% Fib retrace of the major down move and most likely to react close to this point from profit taking/ short positions entering the market. I have set fill orders on three ...

Medium & Long Term ONLY