I actually wouldn't be surprised if they squeezed the long-term bears all the way past 3450 to complete the total cleanout before the stong dollar bull returns & price goes to & remains below the 200SMA. Retail still looks too short & the ...

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I keep a demo account with FXCM, they open earlier than my broker & there was no gap, in fact there were initially sells, then someone entered the market & pushed price higher. This is M5 & the dotted line is open.

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It's over 70% on Oanda. Think we'll see 3450+ before we drop.

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Summers out of picture: url The banks are gonna love this; pull in more longs, stop the shorts... before the dollar strength.

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EUR German election a week out. Bavaria state election; Merkels party stong but..... "...the surprise of the day was the strong showing of the The Free Voters, who want Greece to exit the euro, oppose euro-area bailouts and want to trim the power of ...

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After the announcement I was trying to find odds on the Olympics not being held in Tokyo. Price probably came right in today. Still a decent bet though I'd say. Another long-term trade.

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I agree, but they'll probably just come out with the usual ridiculous statements & talk it all down. "Everything's fine, nothing to see here, carry on buying equities....."

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Italian bonds took a right poke there today & got popped into close along with Spain...... someone's getting scared...... url Edit: the article suggests it could be Monte Paschi unwinding, if so it could really speed up the sell-off, no one wants ...

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Ask your broker for a potato account; all gains paid out as so. At least you won't go hungry & you will have something other than shiny metals or pieces of paper with writing on them to trade.

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If UMich is a miss then definitely gonna see 1.34 & beyond but I still think it's a huge bull trap in preparation for the slamdown next Wednesday at the latest. A number of different perspectives here coming into FOMC: url

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I don't believe a word Goldman say. They're on the other side of their clients positions' so it pays to foster lies to increase the longs before the smackdown imo. If there are people out there who believe in the banks then I guess they deserve to ...

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Stopped for +158p & +174p & a somewhat disappointing rr of 1:1.8. I had hoped for more here. Still, it's better than a slap in the face with a wet fish!

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Well worked. Thank you. Numbers (which I believe are often false anyway coz I'm a total cynic) out of EZ have been clearly worse than out of the US of late & with Germany's (our shining light) most recent industrial data, it's not looking good for ...

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Re: Italy Bond markets have Italy at the same risk as Spain now. Spains economy will take years to come back around so to me for the bond markets to see EZs 3rd largest economy as as-risky or even riskier than Spain tells me a lot. And still they ...

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Stop moved to 1.706, TP is 7190 or breach of tl: url .

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Super call. Looks like we're now on what Carney calls an accelerated trendline so will close trade on a close below if we don't reach the B line (I've drawn at 1.7190) first. Edit: Stopped for +158p & +174p & a somewhat disappointing rr of 1:1.8.

Harmonic and Classic Patterns

Hi samansadegh, are you ok with the EJ butterfly when the B is clearly at the 88.6 retracement & not the 78.6? I thought with the butterfly point B had to be the 78.6 & there was no room for manoeuvre (unlike with the bat for example)? Just ...

Harmonic and Classic Patterns

Only one of the pending orders got filled before GBP strengthened so cancelled the last one. Moving the open orders to BE+1 now. They were up +100p post the jobs news but the fade here is incredible (& a little scary); huge supply around MS1.

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Triple divergence now on the 8h & the tl may hold. MACD also in a nice place on 8h/4h as far as I'm concerned. I think this could be the time to get in so gonna go for a long from 1.036 up to the 1.051x area.

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GBPAUD In a strong uptrend & now back at supply/ s&r area/ WS1 & have 1d, 8h & 4h CCI/MACD divergences. With the Aussie election done & with the UK likely not joining a war in the Middle East, things can get hopefully back to doing what they were ...

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