Brexit makes Cable more and more volatile. My expetation is that they will send it up to 1.4460-90, then 1.4530-50, maybe even just above 1.46.
A huge drop after this correction seems the most probable scenario now, but it is all subject to Thursday voting result.
Lower 1.37's., 1.35 and 1.33 are key supports on weekly time frame.
RA
rat89
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I hear that - Jim doesn't really need to run it, and we should let him know that.
MA
MarcinO
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Rat, I didn't make myself clear. By running a forum I meant posting on regular basis, he used to do.
He has no time for that now.
He has no time for that now.
Originally posted by rat89
I hear that - Jim doesn't really need to run it, and we should let him know that.
RA
rat89
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the close was very interesting....gld went into the gap and might be searching for the .618 at 119.20 on a gap down tomorrow. Or the low might be in tonight. Meanwhile, something tells me that it's possible that gdx did in fact put in the low yesterday. If that's the case, then basis 24.80 mamor [3]=1.62*[1] at 33.05
MA
MarcinO
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Low at 1.3250 - a lower boundary of my 1.33 area, which was derived from weekly time frame, resulting in lower accuracy than intraday charts.
The chart below consists of 5-minutes bars. Nice volatility since yesterday, given that 80 pips day is a good one
The chart below consists of 5-minutes bars. Nice volatility since yesterday, given that 80 pips day is a good one
Originally posted by MarcinO
Brexit makes Cable more and more volatile. My expetation is that they will send it up to 1.4460-90, then 1.4530-50, maybe even just above 1.46.
A huge drop after this correction seems the most probable scenario now, but it is all subject to Thursday voting result.
Lower 1.37's., 1.35 and 1.33 are key supports on weekly time frame.









