DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
correction will be three waves ABC might retrace 50% or more of the previous wave
Buy B61! @ 1.3231
RSI14 crossed above 60.
This is not a very strong trend as it is only above MA50 and not above MA150 or MA200.
Also note that there was a signal back on the 13th of September, so this is re-tracing.
There are better trades to take (better probability), but this one is a contender with a tight stop.
Buy B61! @ 1.3107
RSI14 crossed above 60
Sell Sterling B61! @ 1.2823
RSI14 crossed below 40 on daily TF.
Long Position (EP) : 1.3196
Stop Loss (SL) : 1.3158
Take Profit (TP) : 1.3255, 1.3321
E6 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.3196) and place stop after 0.618 level (1.3158). Once the position was hit, place take profit before an agreement (1.3255) and 1.3321
Money in ...
The Pound Sterling has been in free-fall since marking a top on April 17 at 1.4413.
Weak economic and inflation readings, coupled with a soaring US Dollar have caused funds to significantly reduce their Pound long position, with commercials cashing in their sizeable short bets - and it is this activity that has caught our ...
The Great British Pound is not so great anymore. Terrible numbers hammered price down and now it also broke some critical levels.
Now that 1.3730 is out of the way I’m looking for a pullback into these levels to get ready for trend contuniation (short) on different currency pairs.
I’ll link this chart to some setups we’re seeing now.
Recent USD strength is moving commodity currencies lower. Double top and break of the swing low could signal more losses for cable to the median line.
b6i deep correction to 1.32 then biggest last rally
deep correction level 1.36 or 1.32 on spot
Draghi and ECB might be the catalyst right at the collision point in a few hours.
With involved in Syria War ... I doubt if GBP could break the main trendline, prepare for GBP crashed ...
After the mighty dropped GBP tried to pull back and rebound to safest zone but failed and deeper crashed, will this second tryout succeed or will it become another failed pullback that can cause Cable fall deeper ???
febs and march 18 call strikes prevail
feb 18 puts are prevailed
British pound Long after two bottom
If it doesn't break the channel . Target = Fibonacci cluster at 1.3960 and top of the channel
GBP Short after two top