DislikedThanks for sharing. This stuff seems like rocket science compared to my prefered set-up: KISS.Ignored
thats not always really true!!!!
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DislikedThanks for sharing. This stuff seems like rocket science compared to my prefered set-up: KISS.Ignored
Dislikedi wouldn't put my money on this site. and not sure about this source
all other recognized sites (bloomberg, reuters, fxstreet, alpari, oanda.....) are showing the right numbers
there isn't any indictor/reference around to support for this kind of landslide
unlikely,Ignored
DislikedIt is very common for the GBPUSD to open on Monday's 200pips down. Usually, it is 50 to 100 pips but I have seen it over the past 18 mths opening 200 pips down.
I always take a Sell on Friday night, just before closing with a 100pip TP on the entry price and I have not and a failed trade.
If it doesn't hit my target I always close it manually at BE.Ignored
Dislikedgood call.I am kicking myself for not selling the EURO after such a massive move up. A big opportunity list i reckon.Ignored
DislikedI always take a sell 15 min before closing. My current Sell on Friday is at 1.5235 with a TP at 1.5135 so lets see how it goes on Monday.
I have also noticed that on Mondays, there is usually a 300 pip movement on the GBP so I am expecting it to test 1.4950 again.Ignored
DislikedI think that must be temporary adjustment... I am not so sure that price is how it will open. The tokyo fix is yet to occur, and order rebalancing will take place. Although, I have one short open from 1.5190, so it would be good news, for me, but you can't have wishful thinking in this game. (scratching head)---I don't knowIgnored
Dislikedi am still long, so i really hope this is a minor adjustment.If i look at my charts, i see 100-200 pip gap is not uncommon here, as someone else said.So i wouldnt be surprised if that happens.Ignored
DislikedDon't get me happy over nothing! < is that really an indication of how it will open? A stray quote on xe.com or oanda? Just seems too good to be true in light of other data sources & action Friday. There is a sentiment indicator on learning markets dot com that seems to show short interest bias for eu & gu, but perhaps I'm reading it wrong? Bah.... I hate suspenseIgnored
DislikedHere is some basic analysis. G/U seems to have approached some significant resistance (or soon to be).
Will this prompt a pullback? We would expect, but to where?
The trendline?
A lower support zone?
The 3500 lows?
Who knows.Ignored
DislikedI can tell you're reluctant to give a bias.... Similar to the confusion I've had all week...
Good analysis as alwaysIgnored
DislikedHi Eric, I am sorry I did not get what you mean to say. Hope you could elaborate it further or make it easier for the benefits of the people who are like me (newbie). I really want to know. Hope you can help. Thanks and about the post you did above, will it give an uptrend or downtrend direction next week?
Can someone help me please? about the direction next week and about the post of Mr EricIgnored
DislikedGBP/USD
Sell at 1.5244
Stop at 1.5378
Target 1 at 1.501
Target 2 at 1.4619
What u say Jack ?Ignored