DislikedAgree that GBP may be profitable enough but notwithstanding that Im from Germany, prefer trading EURUSD, that is more predictive as for my experienceIgnored
Gone to a better place
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DislikedAgree that GBP may be profitable enough but notwithstanding that Im from Germany, prefer trading EURUSD, that is more predictive as for my experienceIgnored
DislikedPlenty of room to either up or down, but only Friday left in this week, Friday the 13th that is {image}Ignored
DislikedThanks for replying smikester. Yes, I didn't noticed the way I drew it. In fact, I was looking for a resistance and after that I saw the oscillator making higher lows, so that's why it looks a bit weird(but still looks valid to me ). Thanks for your chart too, it's always pleasant to know that someone sees the same scenario.Ignored
DislikedEur/Gbp remains in the positive territory near 0.7010 level, immediate resistance can be found at 0.7032/42 zone, above would extend the gains to 0.71 level.Ignored
Disliked{quote} Thanks for those fundamentals. Today's numbers from France and Germany were not bad. I keep an eye on these and I'm looking for longer term trends. I have been known to put up the Forex factory calendar and after filtering, counting the red and green blobs for Eur and Gbp. That's as close as I get to fundamental analysis, most of the time. To be honest, my technical analysis also remains very simple. I have explored most dimensions of technical analysis and found simple works best. For example, Fibonacci retracements work well sometimes...Ignored
Disliked{quote} Thanks! The level is holding. We could see a MAJOR correction to the upside in days to come or...........70 breaks. Then new levels much lower before it can be bullish again.Ignored