JamesDixonTobots

JamesDixonTobots

Nice set up here for the scalper, we can tight short s/l from the resistance while waiting for a breakout. Fundamentals always say long this pair, unfortunately i don't want to start entering and holding longs at this price. 1.47 is a far better place to hold longs from. Recent news suggests UK isn't raising rates anytime soon. December FED rate hike, {If they do}...

JamesDixonTobots

Lots going on with this pair, for the intraday trader we can see two possible entry points with more if we break to the downside, for the fundamental trader i'll be holding longs while scalping from the channel or the wedge.

JamesDixonTobots

After yesterdays short trade on this pair for around a fast 30 pips before the speech, i then set up buy orders on trend lines {entered on purple touch} Caution advised here when this pair gets close to the 200MA. During this week if we get a break either way i'll post again some lines i find interesting.

JamesDixonTobots

Fundamentals always say long this pair.

JamesDixonTobots

Hourly over bought by RSI, trend lines resistance, 100MA touching, its all there. Good luck.

JamesDixonTobots

Reasons.. GBP: Sterling is a very bullish currency given expectations to raise rates in early-to-mid 2016. Recent job growth has been stellar and BOE comments have been hawkish. We look to buy sterling against weaker currencies on deep pullbacks. The recent inflation report and MPC minutes were less hawkish than anticipated by the market which caused a selloff in...

JamesDixonTobots

See chart for reasons and T/P levels.

JamesDixonTobots

I urge all the caution in the world with this one, USD/CAD or should i say the dollar has been on a bull run for a long time now. Anyone playing this could put stops above the top yellow "squeeze" line or anywhere close to the top bollinger band. There could be a final bull push left lurking in the darkest corners. We have strong resistance at 1.3342ish as seen on...

JamesDixonTobots

I'm new to bollinger bands and this is a clear attempt to get a break out of what J. Bollinger describes as the "Squeeze" Marked on chart. Bullish signal is the pull back into the bottom band, with clear bullish attempts on the way down by Euro not wanting to touch into the bottom band. Worth a shot.. good luck !! Worth noting that USA news in 47 mins, {Building permits}

JamesDixonTobots

I've been looking for a longer term entry on GU rather than 100/200 pips. Bollinger bands give really good trading signals if used correctly, right now it's is giving a selling signal with the top band hardly being touched, yet we can't use this due the fact it's still inside the squeeze area. If we do reach the 1.53 area then we need to be super careful at this...

JamesDixonTobots

I'll be waiting today on the BoE vote rate hike, rumor has it that we could see a vote of YES! in which case GBP/USD will be a good long call with lots of scalping areas along the way. If we end up going south then we should see the key support being hit. Please feel free to comment and share other ideas ; } My first chart. Good luck!!