my long term TS hit, was expecting EU to peak higher than this but NFP has taken the rails off any economic recovery. Expect now at least 1.3780 which is a 23.6-fib and major support May 28th.

EURUSD

I see 1.57 today - call me mad, but I do.

Cable Update (GBPUSD)

wait for the 1-2-3-breakout pattern

Cable Update (GBPUSD)

actually I disagree - the Labour government is an established shambles and sublimation of it's demise (now occurring) I see as actually bullish for the pound and Britain as a whole.

Cable Update (GBPUSD)

very good shorting area here. next re-challenge of 0790 area should respark the downtrend. AIMVHO.

USD/CAD Trading Room

morning all. my longs still on track for 1.47 TP. wish everyone a profitable day - I'm off to the park to do some bending.

EURUSD

because we're in a major uptrend?

EURUSD

bears beware. I reckon it has to hit 1.47 before turning definitively south. AIMVHO.

EURUSD

pound and euro are in uptrend, no new highs made yet....but they are expected because of the uptrend, so I see GU popping northward.

Cable Update (GBPUSD)

swiss national bank

Cable Update (GBPUSD)

lol BTW it's "manna"

EURUSD

EXACTLY. Like moving averages - price will "perfectly respect" them, if you choose the right one!

Cable Update (GBPUSD)

so, we have lower high and lower low on cable H1 - it's going down, but you also say it's going up!

Cable Update (GBPUSD)

that's great.....but....time frame plays a huge role.

Cable Update (GBPUSD)

more often than not the previous hourly candle hi/lo will only be broken by a few pips. Tight stops run great risks of being severely whipped if this way of defining S/R is used without due care.

Cable Update (GBPUSD)

please tell me which mutual fund you refer to so I know to avoid investing with them

Cable Update (GBPUSD)

short, TP 1.5528 zone. H1 UTL break confirmed, strong bearish candle, TP is confluence of previous support and 50%fib from May 18th.

Cable Update (GBPUSD)

I bet the banks have got wind of a surprise upside.

Cable Update (GBPUSD)

the swissy fall could easily drive this up further.

EURUSD

it's generally my understanding that good global economic sentiment causes a rise in more risky assets and a move away from defensives. Hence euro and equities gain, swiss franc and dollar lose.

EURUSD