The central prcie sector as forseen on my previous analysis for SPX500 should have netted you guys some serious profits by now.
SO here is my next opinion.....
We will see most likely a newish all time historical price at the top, then a drop down back into no mans land. From there I hope along I'm sure with many other short position CFD traders is that we...
So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today.
Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the...
Handling a very tricky case. An account handed over that was on the verge of losing just about 500k GBP.
The unwind is tricky and stressful, very much dependent on the price touching up to 2120 and beyond.
Here is the chart with a clear head and shoulder pattern supported by waves Fib and MACD
For just a few dollars GBPUSD went down - Time for some retrace action
It's about to be July4th, retrace on all majors until then with a forecasted serious drop off next week right around NFP payrolls.
Enjoy and speculate with conviction!