I got in short @ 1.54916 closed half a position at the upward trend line (50 pips) and waiting for the full target @ 1.5375 (116) just above an hourly support. Also I'm trailing profit every time price consolidates. Prepared for the worst but ...

Cable Update (GBPUSD)

I see a classic bearish divergence in the hourly chart with a potential short entry @1.5494. image

Cable Update (GBPUSD)

I'm looking to go long on GBP/USD above the 1.5490 Although i also have a short position in place below 1.5412 .

EURUSD

Good point but the 10-day moving average, now at 1.1345, may offer a good support but if price breaks it then the next logical support will be the 1.1238.

EURUSD

I think a got short a bit too late !! I've waited for too much confimation ! image

EURUSD

Looks like bad news is good news GBP/USD skyrocket!

Cable Update (GBPUSD)

I see a bearish divergence on the hourly chart now although the pair is ranging since last Thursday. Lots of volatility around the UK news today. image

Cable Update (GBPUSD)

I fully agree with your analysis. looking to go short also around 0.7436. image

EUR/GBP - What a great pair to trade!

Today I think it will be a typical digestion day after yesterday FOMC minutes. In the chart the stochastic is making lower low but price is not suggesting a hidden bullish divergence. However the MACD is showing lack of bullish momentum so today ...

Cable Update (GBPUSD)

Today I’ll be on the bench watching the Bank of England rate decision with accompanying minutes and comments from BoE’s Carney and Shafik. Today it may be a high volatile session.

Cable Update (GBPUSD)

I got my signal yesterday finaly a close above the 10-day moving average and got in today at 1.5257 with a stop just below todays low (40 pip) and a target at the 200-day moving average at 1.5344 (86 pips). So far so good .

Cable Update (GBPUSD)

I fully agree with you, but it in addition of difficultys in breaking the .5160 it is also failing to close above the 10-day moving average. I would like to see a close above it to trigger an upmove.

Cable Update (GBPUSD)

I'm looking to go short under the 1.51700 (10-day moving average) with a 30 pip stop above entry and expecting a target to be at last swing low (1.5106).

Cable Update (GBPUSD)

I'm also expecting a 107 pips move hopefully to the upside witha target at 1.5264 on a break of the downward trend line. image

Cable Update (GBPUSD)

I fully agree with your analysis, it may recover a bit although tomorow we have the nonfarm payrolls.

Cable Update (GBPUSD)

Count me in on that trade. In the daily time-frame GBP/USD is making a falling wedge, so all points up and a way!!!

Cable Update (GBPUSD)

On the daily chart the Cable is ranging and showing signs of oversold plus making what it looks like a double bottom!

Cable Update (GBPUSD)

EUR/GBP is making a triple top on a daily time-frame although it recently made a golden cross (50-day moving average crossed above the 200-day moving average) sign of sentiment change to bullish. Im waiting for a breakout to the up side at 0.7421.

EUR/GBP - What a great pair to trade!

Looks like today, EUR/USD is going down, i entered short, because of the shooting star pattern, at the break of yesterday low at 1.1164 with a stop at 1.1194 (30 pips) with a target at 1.1097 (60 pips). So far so good , lets see what the ...

EURUSD

Today I'm looking to enter Short at the 50-day moving average at 1.1167 down to the 200-day moving average at 1.1082 with a stop 10 pips above the 50-day moving average at 1.1177. Risk reward ratio (RRR) 8.5.

EURUSD