Sterling seems to be getting ready for a dump.
Fundamentals are shocking. And with the spot light moving away from Europe.
Fundamentals are shocking. And with the spot light moving away from Europe.
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DislikedSterling seems to be getting ready for a dump.
Fundamentals are shocking. And with the spot light moving away from Europe.Ignored
DislikedI can prove to you that trend is not down yet if you want. You never mentioned price action but you said "trend is down". Don't forget that there are other traders watching to see an opportunity that tallies with their own analysis even if they don't post on this forum. I was one of them until I was saved
If you are talking about price action, What is the monthly price telling you to do? I would like to know sir.
Its always good to show a chart of what you mean.
RegardsIgnored
DislikedIf you are long like me you might want to note this as well. Hidden daily Head & Shoulder. This is a bearish signal once neckline goes.Ignored
DislikedI think 1.5912 is the next useful support. I am posting this because I am unsure why you would want to long this pair. As I am heavily short at the moment, it gives me the jitters. Maybe you could post a chart?Ignored
Disliked1.5934 was a strong support since Nov 23. It's broken now but unless price stays below for some time, I think long is better. Otherwise, looks more like a bear trap to me. Will watch today's close as well, end of the week. If doesn't close above 1.6, I will short again.Ignored
DislikedGood day Mr. TT..
My longs were stopped for a few doz beers earlier by our friend smikester's New York murder call, but I too picked up another small one from 68 risking 48 pips for 3x+ pips..
Cable PA had been the underdog during the recent lead/lag cross play between Euro & their crosses with EURGBP doing the most damage.. IMO it had held up rather well under the circumstance with PA hugging the M/T TL here after some minor under-shots..
I believe it's now on the verge of either doing some reverse somersaults up to 1.62~63 or Olympic...Ignored
Dislikeddamn!
i'm posting here since ages.....
and i still don't know how to make a double quote post like this!
what kind of magic you use for it?
do i have to become a super hero?Ignored
DislikedEnjoy Sir. No one was here weeks ago but all of a sudden everyone is bringing out bearish signals after the move has happened
Nice trading though.Ignored
DislikedOh yes there is. The best way to trade it is to place a pending SELL order below the neckline. Hope that helps.Ignored
Dislikedim trying my best yo... but last line of defense for the GBPUSD bulls is this 1.5933ish EMA55 weekly... if we close below... Bye Bye Bulls and down to 1.56-1.57....
and we also need to see how Monday if its gona gap around or not...Ignored