No Hanging Man for me.

Cable Update (GBPUSD)

I agree with everything you wrote. Very well said...

Cable Update (GBPUSD)

I agree with ATA, but this one works great for me. I use it on H4 charts, but it is valid on any time frame. Set CCI period to 40 for best results. It is especially good with H4 divergences. Notice how it announced the swing turns in EURUSD. Good ...

EURUSD only

Europe is in serious trouble short term and medium term also. The immigration avalanche is making things worse still. Energy is expensive due to the Russian sanctions and the Chinese electric car dumping is hurting German automakers which are the ...

New Cable Thread & Other Pairs

The US is still dealing with inflation, as well as UK and Australia. I live in Spain and I am already seeing real estate prices stagnating and begininng to fall. I think EU has a chance to weaken substantially in the next couple of months. We´ll see. ...

New Cable Thread & Other Pairs

The Euro zone is now in deflation, especially in Germany. It is hard to justify buying it until the inflation/deflation equation clarifies going forward. As of right now, a September rate cut by the ECB is basically guaranteed.

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That is exactly my thinking for exiting my short. Double bottom around 1.11 and then wait for the bounce to sell if and when the market turns south again.

New Cable Thread & Other Pairs

Who cares about forever...? If it lasts more than the margin you have, it is equal to forever... Cut your losers and extend your winners. Anything else is pie in the sky...

New Cable Thread & Other Pairs

I agree... Certainly not today. EU could go down till the end of October. With the Presidential election coming up, the only way to know is to follow price action in H4 or D1 and react to it.

New Cable Thread & Other Pairs

Here is EU H4 chart. The 10 EMA (White) is just now crossing the 20 EMA (Orange). I will start buying when the 10 EMA crosses above the 20 EMA after the correction. Where will that be? Who knows...? In my view, it is not a good idea to pick bottoms ...

New Cable Thread & Other Pairs

I am currently short EU. I prefer to Buy on the way up once it bottoms and turns around. The bottom may be lower than most people think...

New Cable Thread & Other Pairs

Hi friend. Can you please share the dot indicators on the bottom of your screen. Thanks.

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Thanks, buddy.

Only EURUSD

No, I mean the one with the colored boxes at the bottom of your screen. That should be very light on memory.

Only EURUSD

Hi. Could you please share your SL/TP indicator. Thanks.

Only EURUSD

What is your target? Mine is 1.1036 minimum.

EURUSD only

Huge H4 divergence present in GBPUSD. A similar one is also present in EURUSD.

New Cable Thread & Other Pairs

So... no 1.1500 any more for now? I happen to agree with this butterfly. Technically, I am missing the big drop to 1.0600 or lower before the future breakout to 1.1500 and higher. I feel the drop could come from here to November and the breakout to ...

New Cable Thread & Other Pairs

I feel a drop to the weekly pivots could happen sometime this week. EurUsd: 1.0995 GbpUsd: 1.2879 After that, I fully agree with you. It looks like new highs for both pairs.

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Great place to visit, even better place to live...

New Cable Thread & Other Pairs