Cable Update (GBPUSD)

Insert>>Shapes>>Rectangle ... and choose the right bg color for your chart.

Another handy one is CTRL-Y, that puts the open candle on for you. On sub H1 it gives you the day and on H4+ it gives you the week.

Yeah, but we don't know which way .. or even if she will make another move today. He could hold until the last minute if she doesn't break upwards .. and see if she'll retrace to make losses less. Or just close & move on. Tomorrow is another trade.

its the end of the week clogg , dont tell me that u did not make 10pips today

i get out at 88 and then hell with it...over the weekend read your posts and learn few thing and on sunday or monday bugg the hell out you to teach me this..is that Cool with sir.....

When you mention the price holding or goes like this, are you looking at the end of 5m charts or 1h charts?

At least he'll know when to get out.

Ah .. a shortcut to toggle the period separators .. good to know.

Also thanks for that duplicate trendline tip .. very useful.

Not trading this, I got out at R2, just helping a licer instead of having a go at him, want to end the week on a high....

Found it, thanks...

I am like you, never did figure out the channel thingy majig.

5680 is looking good.

Gotta run ... lunch appt.

Have a great weekend all .. lots of studying to do!

Thanks again Cloggie .. Vielen Dank! (closest I can get to Dutch...)

See y'all next week which, as Kill says, should be GREENIE!!

u are an

Dank je wel, see you next week. I am done too. Another week and another month done. Live to tell the tale.

Gotta run too, time to fall asleep here, its 2am already, thanks so much for the advice Cloggie, see you next week...

not a head n shoulder formation but could have used it to get an idea of price movement...was a good entery which could have caught this..

Hi Star,thanks for your input this week. You and Cloggie in dialogue are awesome. N.Y. guys waisting?... i just love all this international lingo blingo....indeed, let them get waisted and wasted....we'll get them back into shape Monday LO...Have wonderfull weekend ..

FX OUTLOOK-Uncertain U.S. outlook could weigh on dollar

* Dollar may struggle next week amid US economy worries
* Yield differentials helping euro, yen

By Steven C. Johnson
NEW YORK, July 30 (Reuters) - July has been a tough month
for the dollar, and with the U.S. economy looking a bit sickly
with the bond market pricing in a very real risk of a
double-dip recession, August may not be any friendlier.
While U.S. 2-year Treasury yields hover near record lows
and the benchmark 10-year yield beneath 3 percent, the dollar
is set to end the month down more than 6 percent against the
euro <EUR=> and 2 percent against the yen <JPY=>.
If next week's closely-watched U.S. employment report fails
to live up to expectations, the dollar may fall even further,
particularly after the St. Louis Federal Reserve president said
authorities should consider buying more Treasuries if inflation
drifts lower to avoid a Japanese-style deflationary spiral. For
more, see [ID:nN29111411] and [ID:nN29267085]
"The bottom line is we're going to see more dollar weakness
in August as the reality of soft U.S. economic data and
increasingly dovish Fed rhetoric further tips the balance
against the currency," said Ashraf Laidi, chief strategist at
CMC Markets in London.
Headlining next week's data calendar is Friday's nonfarm
payrolls report, which a Reuters poll suggests will show 75,000
jobs lost in July, compared with a loss of 125,000 jobs in
June. But analysts said traders are more likely to punish the
dollar on a worse-than-expected result than to reward it on a
more favorable reading.
"We're seeing across U.S. data releases signs that the U.S.
economy is really stuck in the mud," said Boris Schlossberg,
director of research at GFT Forex in New York.

EURO, YEN UPSIDE
In the past, that might have been a cue to buy dollars, as
signs of tepid growth would push investors to exit positions
in higher-yielding, riskier currencies and assets and take
refuge in safer dollar assets.
Recent economic data from the euro zone has surprised to
the upside, however, and that has blunted -- for now -- the
most hysterical worries about sovereign debt crises in Greece,
Spain and elsewhere that in June pushed the euro below $1.19,
its lowest since 2006. On Friday, it traded at $1.3025 <EUR=>.
But Laidi said the "speed of the shift from worrying about
the euro zone to worrying about the U.S.," adding the rapid
swing in exchange rates "is leaving the market cautious, and
nobody wants to make a forecast so bullish as to have the euro
over $1.35."
The euro could make a run at $1.35 should it break above
the $1.3125-30 area, he said, which roughly corresponds to the
38 percent retracement level of its decline from November highs
above $1.50.
The yen, meanwhile, may continue to attract buyers next
week as well, partly as Japanese retail investors comply with
new regulations that limit the amount amounts of leverage in
transactions. U.S.-Japan yield differentials have also moved in
the yen's favor of late.
But BNY Mellon strategist Michael Woolfolk said an
entrenched deflationary environment in Japan and a persistent
economic weakness will eventually stop the yen's advance.
"The market always over-trades trends," he said. "We were
oversold euros when the dollar rallied last month and we're
probably overselling the dollar now. The same goes for the yen
-- it may fall below 85 per dollar, but it will be misaligned
with fundamentals. So then we should see a nice correction."