PM May will go back to the EU and try to get more concessions from them.
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- #1,146,981
- Dec 11, 2018 4:04am Dec 11, 2018 4:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,146,983
- Dec 11, 2018 5:29am Dec 11, 2018 5:29am
- Joined Sep 2015 | Status: Trader | 820 Posts
The major pairs quietened from yesterday’s price moves which provided GBP/USD with some much-needed respite following its slip to 20-month lows in the fall-out of PM May’s 11th hour cancellation of the Brexit deal vote. EUR/USD also languished after its recent weakness and although it has bounced off support at 1.1350 the recovery is only modest as the USD index remains firm above 97.00.
Option expiries of note for today's 15:00 GMT:
EUR/USD: 1.1300 (1.5 BLN), 1.1360 (0.950 BLN),
1.1390-1.1400 (2.0 BLN) and 1.1440-50 (1.0 BLN).
The EUR/USD is still in a choppy trading range within a symmetrical triangle, which I suspect it will carry on trading within the symmetrical triangle into mid-December. Still no entries levels for me.
Option expiries of note for today's 15:00 GMT:
EUR/USD: 1.1300 (1.5 BLN), 1.1360 (0.950 BLN),
1.1390-1.1400 (2.0 BLN) and 1.1440-50 (1.0 BLN).The EUR/USD is still in a choppy trading range within a symmetrical triangle, which I suspect it will carry on trading within the symmetrical triangle into mid-December. Still no entries levels for me.
- #1,146,984
- Dec 11, 2018 5:32am Dec 11, 2018 5:32am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
The major pairs quietened from yesterday’s price moves which provided GBP/USD with some much-needed respite following its slip to 20-month lows in the fall-out of PM May’s 11th hour cancellation of the Brexit deal vote. EUR/USD also languished after its recent weakness and although it has bounced off support at 1.1350 the recovery is only modest as the USD index remains firm above 97.00. Option expiries of note for today's 15:00 GMT: EUR/USD: 1.1300 (1.5 BLN), 1.1360 (0.950 BLN),
Fine choice, no entries for the swing traders as no clear trend.
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- #1,146,985
- Dec 11, 2018 6:01am Dec 11, 2018 6:01am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,146,986
- Dec 11, 2018 7:27am Dec 11, 2018 7:27am
- Joined Mar 2012 | Status: Harmonic Trader | 951 Posts
Patterns have an underlying mathematical structure.
- #1,146,987
- Dec 11, 2018 7:46am Dec 11, 2018 7:46am
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #1,146,988
- Dec 11, 2018 8:28am Dec 11, 2018 8:28am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,146,989
- Dec 11, 2018 9:15am Dec 11, 2018 9:15am
- Joined Oct 2010 | Status: believe you will achieve it | 284 Posts
Just retired from University
- #1,146,992
- Dec 11, 2018 9:54am Dec 11, 2018 9:54am
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- #1,146,994
- Dec 11, 2018 2:07pm Dec 11, 2018 2:07pm
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- #1,146,995
- Edited 4:45pm Dec 11, 2018 4:24pm | Edited 4:45pm
- Joined Dec 2012 | Status: Trader | 1,798 Posts
Here is my HEW update:
It looks if my bearish count was indeed correct. All the work I did in the weekend was for nothing....in the end
Anyway we now have a (green) wave ii @1,1443 and are saying beybey to this level.... well I think we come back towards 1,1352 in a retracement but that's it.... I think it's a shame and dramatic for the EURUSD but unfortunately that is what my HEW count is pointing to......
Currently I think we saw the pink wave iv....but there is some extra move towards the daily pivot possible... see the excel sheet for my current targets.
It looks if my bearish count was indeed correct. All the work I did in the weekend was for nothing....in the end
Anyway we now have a (green) wave ii @1,1443 and are saying beybey to this level.... well I think we come back towards 1,1352 in a retracement but that's it.... I think it's a shame and dramatic for the EURUSD but unfortunately that is what my HEW count is pointing to......
Currently I think we saw the pink wave iv....but there is some extra move towards the daily pivot possible... see the excel sheet for my current targets.
You can manage risk, but you can't manage the return
- #1,146,996
- Dec 11, 2018 11:50pm Dec 11, 2018 11:50pm
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #1,146,997
- Dec 12, 2018 12:13am Dec 12, 2018 12:13am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,146,998
- Dec 12, 2018 12:25am Dec 12, 2018 12:25am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #1,147,000
- Dec 12, 2018 3:51am Dec 12, 2018 3:51am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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