Trade #4 : As I said earlier I'd be looking to buy the majors this week. As of now I see cable giving me an opportunity. I see divergence on hourly. Also according to EW a wave up is due - either impulsive 5th or corrective wave 2. Having said that ...

My project over the year/years....

url

COT Data

markpro, it's the other way around - the war has / would have an impact on the market. The main reason is in case of a war people tend to transfer their money into something more secure like gold, ect. On the other side if US is involved in any ...

EURUSD

On the road — I've been on the road for the past couple of days and didn't get a chance to do a regular update of my journal due to lack of internet connection. Hopefully next week I'll have that problem sorted. The market sold off and can't ...

My project over the year/years....

Trade #3 : I've been looking to long the majors for sometime now as there is still one more leg up in my view and at the present cable is showing me a potential for that. By looking at the futures, which is kind of mirror of the cash market I see ...

My project over the year/years....

The last time they ever raised interest rates by anything more than 25bp was back in February 1995, over 12 years ago. I see no reason for them to do it now but with BOE you never know. But if it comes as expected, which in my opinion is already ...

Cable Update (GBPUSD)

Thanks Steve, appreciate it . The week ahead looks to be quite busy with interest statements from all over the place. Expectations are FOMC and ECB to stay on hold, BOE to hike with 25 base points to 5.5%. What's interesting though is ...

My project over the year/years....

I read something on dailyfx about the elections. It took me a while to find it but here it is and correct me if I'm wrong but that doesn't look too bright short term.

Sarkozy WINS!!!!!!

Trade #1 update : According to CME daily bulletin Open Interest has been dropping on the way down. That leads me to believe that the recent drop was late longs liquidating and the market maybe ready for another advance before further correction. ...

My project over the year/years....

I guess a strong aussie dolar wasn't that good for the trade balance. We did get a 'nice' correction of 200 and some pips so far on the contrary of the hype out there that the market will continue one way.

Aussie Pairs

Back to the yen trade. I'm short 0.2 @ 120.20. Have a resting order at 120.50 and 120.80. Bellow is the the daily chart. Let's see if that area would hold as resistance. And by the way if the market take a dive and I don't get filled on the other ...

My project over the year/years....

Thanks mate. Good to see you stopping by. Good luck to you too. I see you doing very well, over 100% YTD, just like the old times .

My project over the year/years....

Trade # 2 : The next setup is short USD/JPY. I've been waiting for some time time now and at the current price it's a high probability trade IMO : getting close to a sell zone on 4H channel which as of now stands at 120.50/60 model and momentum ...

My project over the year/years....

Thanks guys. I really appreciate it. Back to the EUR/USD trade. I'm short 0.3 @ 1.3660 (managed to get get better price). That portion is up 100 pips so moved the stop at B/E. I'm scratching the offer at 1.3720 as a move above the highs will prove ...

My project over the year/years....

The first setup I'm looking is EUR/USD. It’s not a high probability trade but honestly I don’t see anything else at the moment. I don’t like taking a counter trend trade but we’ve got to start somewhere. Another great week for the euro making all ...

My project over the year/years....

Another great week for the euro. I hope you got some of that. I didn't because I was waiting for a correction to find a place to go long which never happened. That shows that the trend is still strong but : the pair is hitting the top on the daily ...

EURUSD

From MNI : Inflation Expectations Hold Steady London : The shock rise in hedline CPI to 3.1% in March failed to boost public inflation expectations according to the latest survey by pollsters YouGov for Citygroup. The survey was conducted between ...

Cable Update (GBPUSD)

iiivb, try url for uploading.

iiivb - LiveTrades

I couldn't agree more.

Cable Update (GBPUSD)