I do agree that there is uncertainty, however across the board EUR USD / GBP USD are in a very bullish mode, as you mentioned euro and cable are supported by U-MLH and other factors as well. XAU USD meanwhile decided to do it's own thing regardless, ...

Pitchfork Goldmine!

yep, nice chart, and once again 6640 pops up! hopefully we would get there soon.

Pitchfork Goldmine!

I trade levels / channels mostly and seek confluence across currencies/commodities before executing a trade. On my EUR USD were upwards/downwards sloping forks. Currently 4hour balance on GBP USD is 6520 H4 bar got 155 minutes to go, so almost 50% ...

Pitchfork Goldmine!

here's May light sweet H4 chart to substantiate my claim. image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

XAUUSD charts combined with EURUSD and Oil futures are telling one story: get in long while there is still an open window. XAU USD Id say is a safe buy once it's at 1499-1500, then add at 1506 and 1511 for a target of at least 1530 and possibly ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

cable 6520-6540 tentative to add to the long position for a crack at 6640, it's going to be a strong ride. Dragon is amazing, doing a ride on it's own.

The WoRmHoLe

Good morning FX4Newbies, guys! Very nice activity going on here, FYI FX4Newbies just made back 30K + 10K on XAUUSD long overnight, so I'm kinda happy it worked out in the end, just gotta stick with it. Also anyone notice a flag pattern on GBP USD ...

Pitchfork Goldmine!

I would definately check out whatever insight you provide, this is much appreciated, thank you! image Here's EW on EUR USD 60M charts, pointing strongly to the upside, won't rely on the targets though, however I get the general feeling that tmrw ...

Pitchfork Goldmine!

Not just you that's for sure. I took losses on GBP USD for a net loss of little over 30K, better luck next time. The cable is just so locked in the range, so I'd keep out until we either reach 4380-4400 area to attempt LONG, or wait until topping ...

Pitchfork Goldmine!

image FX4Newbies appreciate your charting! Looks good. Here's my take at daily on EUR USD. Appears as though upside is capped with 4788 since it's a strong 886 level, also if you check out dollar index, apparently there is still some more downside ...

Pitchfork Goldmine!

Great thread and excellent effort, keep it up. What's your take on EUR USD? Considering the daily chart 886 ratio is 1.4788 and we are about to break out of the triangle on M15 charts Id say 14788 becomes much more of a reality now. Also XAUUSD just ...

Pitchfork Goldmine!

this is the real deal, I'm short as well before US news release, on PB and double top off 15M charts also XAU USD is dropping fast as we speak. Congrats on the long trade on EUR USD, I missed it unfortunately!

Rufus

anyone thinks double top with PB on euro M15 is worth giving a shot? There is strong options level at 4550 and metals are correcting as well.

The WoRmHoLe

sure thing, whatever suits your trading style is fine, just saying that getting locked in the range in not the best option for now. no offence meant though.

Trade what you see NOT what you expect

might be good for 15-20 pips, but then why risk with such low volatility and liquidity today? Id rather wait for a clean breakout of the current range 6486-6561.

Trade what you see NOT what you expect

Sure thing mate, Ill get back to you this Friday and review my recommended setup.

Trade what you see NOT what you expect

FYI, just my 2 cents, this week EUR USD will go south to test 4280 area, GBP USD will likely test 6260 area. Strategy this week: early on short sell both euro and cable, look for support on EUR USD 4280-4320 and GBP USD 6260-6300 and once support ...

Trade what you see NOT what you expect

guys see my post #34245 to see why shorting cable just isn't a brilliant idea right now. why take the chances, when silver is prepping to take out it's recent high as we speak?

Trade what you see NOT what you expect

image EUR USD still has more upside building up, so not sure about that EJ short, not until asian session anyway. Also EJ 119.27 is 50 fib of 50 fib of the major upward movement, so I'd skip that level, since it's acting as support now, so only ...

Trade what you see NOT what you expect

Guys I think it's fairly obvious that cable will retest the upper line, considering strong price action across metals market. image

Trade what you see NOT what you expect