well, could be that after such a big run up and it being friday and the trend being down longterm that major profits are to be booked today. Far too much hype with those Goldmann results IMO.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Just playing devil's advocate here, but is there any use of the retrospectoscope in your otherwise instructive chart? For example, the candle you label as "selling climax" is identical to one a few hours before which was followed by further selling.

Auslanco - GBP/JPY and GBP/USD (newstrade)

well, a sort of shooting star

Cable Update (GBPUSD)

beautiful shooting star about to form on H4. Time to short. BTW Galation, love your signatures. Pure wit and wisdom.

Cable Update (GBPUSD)

well, I'm not closing my longs on this retrace, which I expect to end at about 4815, before resuming the push for 1.5. What am I basing this on? Mainly guesswork, and a bit of S/R.

EURUSD

my short from 4900 to 4850 wokred nicely. Now loaded up on uber-longs for the inevitable push to 1.5 today. Will be very surprised not to see it, and I'm also not necessarily expecting any resistance at that level.

EURUSD

I know. Likewise a close below 4900 I'll be closing my longs and selling to 4850 only.

EURUSD

H4 close above 4900 extremely bullish IMO.

EURUSD

if the news is good it will rise as confidence in riskier assets moves money away from the dollar.

EURUSD

EURAUD — I know this isn't a pair normally traded for this sytem but looks like a nice short setup materializing. Especially if price breaks strong recent support at 1.6250. Goes against the fisher filter but I will take it not least because ...

Mister ED's 4 hour Heikin Ashi system

currently scaling in more longs for a big TP at 1.5. Options aside, the psych level should draw it in.

EURUSD

took a few hours more than expected. Next dead cert is 7450

NZDUSD Discussion

excellent work Longbar. I'd suggest 2 and 4 if you are prioritizing.

Mister ED's 4 hour Heikin Ashi system

"Except, all those other foreign countries who depend on their exports to the USA will suffer from the weak $" Why???????????????????????

EURUSD

It's in the interest of the USA.

EURUSD

However, the market disagrees. Fine, everyone's in the sh*t, but it's how much relative sh*t we're all in that makes the difference in currencies.

EURUSD

1.500 is as sure as the preverbial. Anything else is just noise, IMHO.

EURUSD

But it has firmly penetrated strong resistance, retested, and surged north again. Isn't that as confirmatory as it gets?

EURUSD

well done, some nice longs now placed at BE circa4800-4812. The bears went very quiet for the last 2 hours. Mind you, I'm all too aware that it's all just a coin-toss which way price goes in the end, at least with my limited knowledge.

EURUSD

video better

Cable Update (GBPUSD)