Price action suggests south. 1H TF Bearish Engulfing 4H TF (alpari feed closing in 10 mins) :

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I am involved in the real estate markets across Europe (Romania, Moldova, Spain, Montenegro, Croatia, Cyprus), and the Middle Eastern fund rumour and their intention of investing millions in malls, hotels tourist resorts has been going on since ...

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Nice fundamental perception as always gammase. So people are buying on the Middle eastern promise (rumour) and will be selling the truth (news) when that comes out I suppose.

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Fiber trading below 1.29, E/G trading above 1.94... Does not look good for sterling...

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You should hit the roulette table dude. Using no Stop loss is more hoping than trading IMHO. Goodmorning gang. So the wedge was broken to the downside... Missed the breakout but waiting for next setup... Have a good green day.

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That 1.4 will be tough to crack but if it goes 1.44 is next on my targets...

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Add to that a wonderful 4H bullish engulfing off today's low and... away we go

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Let's see if it plays out now.

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HL LL

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Was that you taking profit that caused this upmove?

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Is that hidden bullish div. on your stochs? (1H) NOthing showing on MACD

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Any sign of equities rising?

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True bro, my thinking was that yesterday's immediate bounce off the low would imply plenty of buyers in that area. Will try with small position and see how it plays out.

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I'm waiting for affirmative PA at the bottom of the channel I posted earlier. Hoping to coincide with yesterday's low for a double bottom formation...

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...

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The biggest actually!

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Even though reluctant to take any short positions given yesterday's daily close the wedge broke and I sold on the retest at 1.3856. 50% profit taken at the 76.4 fib level at 1.3764. Remaining position at BE.

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Hey guys — Two things I'm looking at: (15m TF)

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Alpari feed: Open: 1.3867 High: 1.4026 Low: 1.3618 Close: 1.4016

james16 Chart Thread