Hi pkimnyc, Glad you enjoy the analysis....feel free to join anytime. Look forward to some posts from you. Stocky

GU, GJ and EU Analysis Thread

Hi Linda, Welcome to the thread....Its a pretty mixed bunch here on all different llevels of experience....scalpers, medium term traders, swing traders....etc etc so the analysis is pretty diverse. Im usually more active on the thread but due to ...

GU, GJ and EU Analysis Thread

Hi Mike, Sorry for the delayed response again...Im just atticipating a break of the price trap 5471/5490 area at the moment....Only scalping the range extremes and trying to setup a medium term long which is proving difficult. Yes I did catch that ...

GU, GJ and EU Analysis Thread

good luck shorting...the range is still valid so theres no reason not to...Ive shorted this range twice so will not tempt fate as I have a long bias and see this breaking very soon. I have my finger waiting to trigger a long position soon as I see a ...

GU, GJ and EU Analysis Thread

last hourly candle a bullish engulfer with a close just above 5471 and just outside the daily/4hrly price trap TL. If we can clear R2 and 1.55 this could be a solid attempt for breaking out this range. Also expect plenty of stops around here so we ...

GU, GJ and EU Analysis Thread

Hi 45Condor, Thanks mate....hope the analysis highlights another angle for you... I see you went short around 5370 area....I can see why you may have done that on a intraday basis however for me shorting or going long anywhere other than support and ...

GU, GJ and EU Analysis Thread

Hi All, Sorry for the lack of posts but I have been sticking to buying 5320 zone and selling 5471 as per previous posts.....Hardly even scalping in between the two as im preferring to let the chop settle once the market has formed a bottom around ...

GU, GJ and EU Analysis Thread

this mornings range is providing a nice ledge 5430 for us to bounce here. If we break below 5430 then we have this mornings distribution to work through....5430 to 5390. I have attached a MP chart to show the levels and ledges. Also marked reason ...

GU, GJ and EU Analysis Thread

That rise was the knee jerk reaction to traders pulling out of US teasuries...would not be suprised to now see us drop and test yesterdays low if the pivot does not hold...will be key to keep an eye on the daily pivot as that is where we have found ...

GU, GJ and EU Analysis Thread

GU rockets up from a much better than expected NFP figure...for those who are confused this is how I see it....This shows the market makers are still wanting to buy sterling even of the back of a better NFP figure..... The spike up is induced by the ...

GU, GJ and EU Analysis Thread

Have a good one mate Stocky

GU, GJ and EU Analysis Thread

4hr GU chart Stocky

GU, GJ and EU Analysis Thread

Hi Digger, Im long also from 5335 and and added again yesterday at 5370...Im never keen on running positions into NFP's but im going to set 5335 to b/e and maybe keep the stop for the other trade as it is. US expected NFP's are ambitious to say the ...

GU, GJ and EU Analysis Thread

Good post mate Stocky

GU, GJ and EU Analysis Thread

Welcome to the thread Digger....Nice clear analysis. Stocky

GU, GJ and EU Analysis Thread

So you been partying the weekend away...good man..hope Rappongi provided much fun and laughter..lol You should pay a visit to the 'lost in Translation Bar' in the business district....on the 70th floor of a hotel I think...let me know if you want ...

GU, GJ and EU Analysis Thread

Yesterdays Bank Hol PA got GU back below 5471....Given we are between 5471 and 5318 a buying area in my eyes I would expect us to range and accumulate before reversing...It will not be easy and thats for sure as it has already proven. Only 2 areas ...

GU, GJ and EU Analysis Thread

I agree scalping is the way forward at the moment as there are countless opportunities....all medium term longs set during this week on GU have been stopped out b/e eventually but I have set intraday scalp positions simultaneously along side them so ...

GU, GJ and EU Analysis Thread

haha....I expect nothing less from you...A gentleman you are im sure...lol Tea parties and biscuits....

GU, GJ and EU Analysis Thread

EJ approaching support/res level formed this morning around 106.26....will be interesting to see if this hold as we have a nice profile ledge on todays MP at 106.26....should increase chances of a bounce. Given the lower profile still looks ...

GU, GJ and EU Analysis Thread