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    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Starting it off.

    Al
    DU
    Duane
    Rep: 100
    Posts: 1,095
    0
    Nice call Marcin, im along for the ride!
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Hey Duane. Finally, the Pound is coming back to its 'stanbard' volatility.
    A year of waiting was worth it, assuming of course there is no contraction on the way.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    It looks as if correction has just started right off the first resistance level.
    I will try go long again at 1.4090 or, more preferably, 1.4070. (all levels for 6B H18, which is spot plus 25 pips now).

    Click image for original size
    6b 2018 01 30 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    They decided to continue after a very small correction though.
    What a day!
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Click image for original size
    screen shot 2018 01 30 at 9 35 18 am png

    Click image for original size
    screen shot 2018 01 30 at 9 35 10 am png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    (Edited )
    The Pound (6B H18) made almost 200 pips and the day is not over yet.
    After it makes its final leg into 1.4220, I will be looking for a confirmation to short it.
    1.3880 is quite a support.

    Click image for original size
    6b 2018 01 30 2 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    The Pound has just hit 1.4220.
    Now we will see.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    So far it looks strong. If that level doesn't hold 1.4330 is next.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    And here comes the reversal.
    My support areas are: 1.4170, 1.4125 and below 1.41 (all 6B H18 prices). I guess we will see the latter level today.
    Click image for original size
    6b 2018 01 31 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    Swoooosh!
    First level broken easily.
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Click image for original size
    screen shot 2018 02 02 at 4 02 36 pm png

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    screen shot 2018 02 02 at 7 27 23 pm png