allaboutfx

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About me +13 years experience in FX markets across sales, trading and management.
Joined UK allaboutfx
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 50% | 2 GBPUSD 50% | 2
allaboutfx allaboutfx GBPUSD, 60,
GBPUSD: Further to yesterday's "Possible Cable Long" post - +100 pips
29 0 1
GBPUSD, 60
Further to yesterday's "Possible Cable Long" post - +100 pips

Following my post yesterday, "Possible Cable Long" price has reacted a little quicker than I expected. Initial level of resistance already breached circa 1.5760 and may be a good area to take profit of at least 100 pips. Next target is just below 1.5800 where we need to reconsider overall bias. Nice trade nonetheless. Press play on previous post for the full move.

allaboutfx allaboutfx EURUSD, D,
EURUSD: EURUSD Update
62 0 0
EURUSD, D
EURUSD Update

The bottom of the Ichimoku cloud provided support for the weekend's EUR selloff. the previous upward trendline support is now providing short term resistance. Prefer to stand aside for now.

allaboutfx allaboutfx GBPUSD, 60, Long ,
GBPUSD: Possible Cable Long
27 2 1
GBPUSD, 60 Long
Possible Cable Long

Cable may be a good buy around the 1.5650 area of support illustrated by the blue line. Has gapped down at the open following the larger Greek led EUR moves. MACD trend line still in tact for now. May be a good long over a few days with a tight stop in place. Safer play than EUR crosses.

allaboutfx allaboutfx EURUSD, 60,
EURUSD: Previous EURUSD hourly support is now short term resistance
59 2 1
EURUSD, 60
Previous EURUSD hourly support is now short term resistance

Previous EURUSD hourly support is now short term resistance. Moving in to the weekend, may be worth booking some profit and standing aside.

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