Best week since 2011, it has to go down, before it gets further up. With lot of resistance from top, and most traders placing shorts, it will surely go down on monday. I am short at 2160. Targets at box.
Market has been trading in a corrective (b) and (c) wave these last 30 days and we are very close to a significant bottom on (c) wave that will complete a wave 2 around 2080 area.
E-Mini 60Min Chart - October 23, 2016
In the above chart, we have a clear Ending-Diagonal wave ...
Simple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs.
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What a journey!!!
I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline.
Could we have a further higher level of historical ...
I thought forget dinner, I'll just have a LONG night out with my favourite new bitch GBPUSD ;)
Pushing some simple Long trades until Euro market open.
Also locked into a sick battle with the SPX500 but that's a story for another day ;)
After scalping out over 400 pips this week alone it is clear to see that truly what we have here is an opportunity to continue to rake some profit in.
On a binary options level we need to target 15 minute spot positions in order to keep the risk down.
Nice indication for a big reversal to come perhaps?
There is no chance that we will test the historical lows BEFORE the Brexit arrives.
There will be some huge swings, most of them going negative, however right here and now today at least for the next 2-4 hours we can "bounce" that Cable back up the levels to 1.42800.
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I posted a similar chart earlier but I guess I'll post it again with a very minor tweak to the top trend line.
It's still going down the tubes, I think. Just a lot more gradually than I previously anticipated.
Watch your asset allocation and make informed trading decisions. :-)
GBP/USD has been in a strong down trend since last month but seemed to find some ground in the last few days. There's an inside bar candlestick pattern formed on this pair, so the price could potentially move slightly higher to the resistance level and fill the gap before continuing to move lower. The stochastic ...
After multiple attempts to break below the 1.0880 support level, USD/CAD’s price eventually started to see some upside movement in today’s Asian and Lohndon session. The price has created multiple pin bar candlestick patternw in this market, which shows the bulls aren’t going to give up anytime soon. The overall ...