DislikedBuy EUR/GBP at 0.8010 SL: 0.79 TP: 0.8130
RD in 1H and uptrend in 4H with a pullback at 78%.Ignored
Gone to a better place
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DislikedBuy EUR/GBP at 0.8010 SL: 0.79 TP: 0.8130
RD in 1H and uptrend in 4H with a pullback at 78%.Ignored
DislikedYes, I still like longs. This daily candle looks like it could confirm. Let's see how it closes. By the way, on your website the signal service costs more (pro rata) for 6 months than 3 months. Odd?Ignored
DislikedWell, it's $50.00 for 1 month, $40.00 a month for three months, or $41.66 a month for 6 months.
Maybe it's just me that's odd...Ignored
DislikedHey Mike,
Are you going into tonight's Election results exposed or flat ?..
Cheers Ja.Ignored
DislikedPretty much flat. To me it looks like being a ninth week of Euro range. The only plus is that it looks like a bull flag.Ignored
DislikedPretty much flat. To me it looks like being a ninth week of Euro range. The only plus is that it looks like a bull flag.Ignored
DislikedThat's the only reason I am bearing with this range market. Frustrating, eh?Ignored
DislikedWell, it looks like the Eur/Usd has broken downwards and now it's a race to the bottom with Gbp/Usd.
For Eur/Gbp, if this weekly complex head and shoulders is to play out, it had better turn soon. I see some support at this level (.7980) and I'll probably set some longs if this day closes well.Ignored
DislikedI'm always too quick to jump into reversals and the market likes to burn those who do but if I may throw out a couple of ideas. I don't see Eur/Usd as bullish at any point soon, at least not on the larger time frames. I may be and probably am wrong, but I am very bearish on cable. In the larger scheme of things, cable came out of 2008 very badly damaged. Although the Euro got a mauling, it was nowhere near as bad as the Pound.
Attachment
The above chart is Cable (red line) relative to the Euro, monthly. At first, I thought of arbitrage...Ignored
DislikedI'm always too quick to jump into reversals and the market likes to burn those who do but if I may throw out a couple of ideas. I don't see Eur/Usd as bullish at any point soon, at least not on the larger time frames. I may be and probably am wrong, but I am very bearish on cable. In the larger scheme of things, cable came out of 2008 very badly damaged. Although the Euro got a mauling, it was nowhere near as bad as the Pound.
Attachment
The above chart is Cable (red line) relative to the Euro, monthly. At first, I thought of arbitrage...Ignored
DislikedVery Mike....I think this may squeeze even tighter ?.
I have noticed the Average daily range drop in the Majors since 2008. I think it will drop further with the current lack of confidence.
http://www.bloomberg.com/news/2012-1...us-limits.html
I Think we have a serious liquidity problem, though 08 was a seriously volatile year it just shows theres no confidance in the markets...
I think we might have a problem with High Frequency trading squeezing the ranges in the coming years...Ignored
DislikedThanks for the link. I have been reading similar articles recently and it is true about ATR's across the board. It's lack of confidence and I would guess a calm before the storm.
High frequency trading is theft as far as I can tell and just another fraudulent aspect of the corrupt banking system we have been saddled with. I think trading has to do with buying and selling at an agreed price, not trying to cheat filching money out of the market.
Call me old fashioned.Ignored
DislikedMulti Levels for EURGBP in H1 time frime
GREEN Levels Colour (with Prices) is SMALL Levels move.
PURPLE Levels Colour (with Prices) is MEDIUM Levels move.
BLUE Levels Colour (with Prices) is BIG Levels move.[b]
Broken Lines...Ignored