DislikedIt is a big bear flag. I dunno. Dollar bears are still in control. OK, so we have retraced since Ben announced unlimited QE, but with all the fundamentals flying around, CB intervention, it really makes for chop chop trading.
Even all the bad numbers coming out of the UK are not driving the £ down. EURCHF has finally woken up. Markets see Spain bailout as positive and risk is still on.Ignored
this trade i have is based on candle formations..the index gbp imho forecasting an evening star type formation..so im looking for weakness..usd hopefully can pull da finger out
euro hopefully drop as well..i think we have travelled the extremes for the long..i reckon big drop coming
nice to see u around m8
brian check where the 50 fibo is and where the trendline is..and order flow..its a flag alright!!