I fully agree with your assessment but today it can change at glimpse of an eye. (FED interest rate decision). I'm staying away today.

EURUSD

I see your point; of course the price will go up or down! But the question is what will the pair do on the FED news ? Sometimes bad fundamental news can drive prices up and good fundamental news can drive prices down.

EURUSD

After the 1st close above the 50 day moving average the EUR/USD is consolidating waiting for the Fed decision regarding whenever or not will raise the interest rate. It will be the last volatile session this year. On the 3rd of December everyone was ...

EURUSD

But next week is the Fed interest rate decision (death-or-glory) and it is the last main event for the year that can turn the table around.

Cable Update (GBPUSD)

I see Cable going for the 50-day moving average @ 1.5233 or even to my daily resistance @ 1.5250.

Cable Update (GBPUSD)

Looks like the the EUR/USD will continue to rise until the Fed Interest Rate Decision next week on the 16th. Until them is bullish mode i think.

EURUSD

Thank you for the enlightenment and i will start monitoring the DAX.

EURUSD

How?

EURUSD

Yes but only 150, got in late, but made some.

Cable Update (GBPUSD)

Today we will have Fed's Yellen testimonials before the Congress or some of its Committees to explain the current economic situation and the policies applied to improve it. Might give some clues when the rate hike will happen, I’m voting this month ...

Cable Update (GBPUSD)

Did the same, I fully agree with you.

EURUSD

The Average True Range (ATR) of the last 10 days on the GBP/USD is 74 pips, so i'm expecting it will take a week to reach target 1 (214 pips) and 2 or 3 days for target 2. Also i would like a close above the 10-day moving average to give enough ...

Cable Update (GBPUSD)

My Daily view Update : GBP/USD is making a potential falling triangle but until it breaks the daily support is only a "potential". More rencently the pair is creating a double bottom and athe secound bottom with a bullish divergence on the MACD ...

Cable Update (GBPUSD)

My Daily view: GBP/USD is making a potential falling triangle but until it breaks the daily support is only a "potential". More rencently the pair is creating a double bottom and athe secound bottom with high market compression (two inside days in a ...

Cable Update (GBPUSD)

Happy Thanksgiving to every one!! image

EURUSD

I'm looking to get long @ 1.0619 (above S1) with a stop @ 1.0606 and a target @ 1.0646 (Pivot Point). I know is a high risk trade but the pair fell hard to fast so i'm expecting a pullback before another push downward. And looking to go short @ ...

EURUSD

Went short @ 1.06567 with a initial stop @ 1.06617 and the target @ 1.06406. A fair RRR of 2:1. The trigger was the 2nd failed attempt to close above R1. image

EURUSD

Well spoted looks like a falling wedge and the odds are in the favour of the bulls.

EURUSD

Went short @ 1.5228 (Hourly resistance) with a stop @ 1.5303 and the target @ 1.5230. The Stochastic was on overbought and MACD losing bullish momentum. Sorry I meant 1.5282. Yesterday did not reach my full target but at least I got 40 pips and in ...

Cable Update (GBPUSD)

Went short @ 1.5228 (Hourly resistance) with a stop @ 1.5303 and the target @ 1.5230. The Stochastic was on overbought and MACD losing bullish momentum. image

Cable Update (GBPUSD)