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    MarcinO
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    I think the Pound is heading towards 1.3380-1.34, but it will need a correction.
    My favorite area is at 1.3240-50, but I am also considering 1.3275 and 1.3190.

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    6b 2016 09 04 png


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    6b 2016 09 04 2 png
    MA
    MarcinO
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    Data release is at 4:30 EST not 5:30.
    Originally posted by MarcinO

    Thanks Duane, but I missed actual yesterday's LOD at 1.3280. Anyway,I hope to see lower levels hit today, unless the data release at 5:30 today messes it up.
    I am following your work on Euro (I used to spend a lot of time on this pair but switched to Cale) and GBPJPY. Yen pairs are very interesting these days, but too tricky to me as for now.
    MA
    MarcinO
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    Cable stopped 5 pips below 1.33. If I'm right they will send it somewhere to 1.3355-65.

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    6b 2016 09 09 2 png
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    MarcinO
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    It looks weak, though.
    MA
    MarcinO
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    Cable sucks so far and the ES has just stopped in 64-66 level.
    MA
    MarcinO
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    Just look at Cable price action and compare it to any other major FX pair. It's a piece of $#!/.
    MA
    MarcinO
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    ES is showing some signs of reversal. Mid 70's is a nice level, it may reach.
    Originally posted by MarcinO

    Cable sucks so far and the ES has just stopped in 64-66 level.
    DU
    Duane
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    Possible Bearish ABCD forming in GbpJpy
    MA
    MarcinO
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    Cable started moving, eventually.
    I wonder if they will send it up to 60's-80's, before one more leg down to low 20's.

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    6b 2016 09 09 3 png
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    MarcinO
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    You got it right, Duane!
    Nice initial reaction. Do you mind posting which currency pairs do you trade the most?
    Originally posted by Duane

    Possible Bearish ABCD forming in GbpJpy
    MA
    MarcinO
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    I meant 80's-90's as shown in the chart, of course.
    Originally posted by MarcinO

    Cable started moving, eventually.
    I wonder if they will send it up to 60's-80's, before one more leg down to low 20's.

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    6b 2016 09 09 3 png

    RA
    rat89
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    within major [3], minor 1 ended at 28.70. Minor 2 targets 50-62% retrace at 26.94 - 26.52. Once minor 2 is over, minor 3 should get under way, and that's the sweet spot - 3 of [3] - an impulse wave within an impulse wave

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    screen shot 2016 09 09 at 10 18 47 am png

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    screen shot 2016 09 09 at 10 15 56 am png


    Originally posted by Duane

    Nice ABCD forming on XAU hourly, thanks for this one!! Great trade.


    Originally posted by rat89

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    screen shot 2016 09 08 at 10 37 35 am png