if the BOE didn't increase the rate or we have the expected rate which was already priced in, then we are talking about 50-150 pip move down, its not that strong move as there is no data from US to support the US dollar, its just traders collecting ...

Cable Update (GBPUSD)

the channel is getting narrow now I am afarid of a whipsaw, it has been a while since we saw one, and lots of orders are stacked on both side of the market. Be careful traders there might be some dirty moves to hit the tight stoploss on big accounts.

Cable Update (GBPUSD)

the triangle is getting narrow now I am afarid of a whipsaw, it has been a while since we saw one, and lots of orders are stacked on both side of the market. Be careful traders there might be some dirty moves to hit the tight stoploss on big ...

Daily GBP/JPY analysis

what are we flipping coins here ? .25% has already priced in the market, however still some crazy guys might buy and push the market on this price, so I will buy//sell the break of the channel , as simple as that. there is no logic is taking a ...

Cable Update (GBPUSD)

Historical S and R play a major rule as a market turning point, especially when approaching these levels (all time high and all time low) I agree with you and I said that before, if a pair is over sold or over bought it doesn't mean it can be even ...

EURUSD

Its up to you to take the risk, the market is waiting for the BOE

Daily GBP/JPY analysis

every 200-250 pips move on the EU/US, the pair reverse its move at least half the way. Its not a rule of thump, just personal observation and look at the monthly chart, you will see double top

EURUSD

I agree with the idea BUT, for a pair to be overbough or oversold it doesn't mean it can not be more overbough or oversold . The JAP and US pairs are getting the kick for a long time now and might continue to do that for while at least a month , the ...

Why is NZD so strong??

Its hard to see EUUS taking such a big move without retrace !! The news from the US doesn't support the down side, but this pair is trading at its high levels, see the monthly chart and the 15 min chart Now I am waiting to trade the break of the ...

EURUSD

RSI on the 1H and the 4h is at 50 : No buy or sell Moving AVG 20 and 21 are hugging each other : No buy or sell indicators are mixed between bull and bear , so no buy or sell Just wait for confirmation on to take a position, best thing is to draw ...

Daily GBP/JPY analysis

I will post a couple of charts if you don't mind , if you do I will stop posting them , I don't claim to be an expert but I am doing fine

Daily GBP/JPY analysis