Starting it off.
Al
MA
MarcinO
Rep: 67
Posts: 5,506
The Pound made another push up into 1.4210. It seems done, but to be honest since yesterday it gives a lots of false signals (i.e. its behavior has changed to more irregular) so one needs to be cautious.
I will place support levels later on.
I will place support levels later on.
Originally posted by MarcinO
Looks done at 1.4205
Originally posted by MarcinO
Okay. Finally it is going up.
Taking into account timing of the move I'd rather split previously posted area into two levels around 1.4180 and 1.4215.
MA
MarcinO
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As posted above. It's very tricky now, rising very slowly in a totally crappy way, but still remains in 1.4215 zone.
Crap typical of European sessions...
Crap typical of European sessions...
MA
MarcinO
Rep: 67
Posts: 5,506
It seem like the Cable will be creeping up, but so far it's a total crap.
There is a lot of stuff just above 1.43 with minor resistance at 1.4280.
There is a lot of stuff just above 1.43 with minor resistance at 1.4280.
MA
MarcinO
Rep: 67
Posts: 5,506
This is ridiculous...
The one positive of Brexit will be that some of these hot shot traders from London City will losetheir jobs. I mean what they are paid for when there is almost no volatility during European session as everyone waits for US?!
The one positive of Brexit will be that some of these hot shot traders from London City will losetheir jobs. I mean what they are paid for when there is almost no volatility during European session as everyone waits for US?!
MA
MarcinO
Rep: 67
Posts: 5,506
Some acceleration to the upside. I guess soem traders in US woke earlier today.
MA
MarcinO
Rep: 67
Posts: 5,506
I don't get it. ES is 20 points up in the first hour of American session, which is a lot.
At the same time the Pound has made only 62 pips since European opening. (probability of such a narrow daily range is 7%).
At the same time the Pound has made only 62 pips since European opening. (probability of such a narrow daily range is 7%).
RA
rat89
Rep: 0
Posts: 7,015
spy 60 - key area here, where
279.29 – 254.67 = .447 at 265.68
285.44 – 251.91 = .447 at 266.90
And the blue median line has not been hit, despite two strong upthrusts since early april. It could be up and over tomorrow, or it could roll over and head to the 244 area.
279.29 – 254.67 = .447 at 265.68
285.44 – 251.91 = .447 at 266.90
And the blue median line has not been hit, despite two strong upthrusts since early april. It could be up and over tomorrow, or it could roll over and head to the 244 area.
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Nice support area for the Cable (6B M18) at 1.4210-15.
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MA
MarcinO
Rep: 67
Posts: 5,506
It's falling down, most likely to 1.4190, where I guess it will reverse, but there is a buch of data from US in 15 minutes, so be careful.
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AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a bit on AEO in the upmove at the OPEN. Made a bit on AEM. Lost some on GM by trading against the 0.886 fibo retrace, and roofer's "Beauty and Simplicity," DOH! Made some on HES, including a call option. On HES, I liked the 0.618 fibo at the STO Trough after the Gold Cross.
Al :--)
Al :--)
Click image for original size
Click image for original size
Click image for original size
Click image for original size
