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Do you agree with my target of .95? What is you target?

  • 1.00

    Votes: 0 0.0%
  • .99

    Votes: 0 0.0%
  • .98

    Votes: 0 0.0%
  • .97

    Votes: 0 0.0%
  • .96

    Votes: 0 0.0%

  • Total voters
    1
  • Poll closed .
Wave of Wolfe completed on AudUSd, now target at 0.967.
 

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There was a hanging man on monthly scale on EurJpy in May. Here also the 50% of retracement of the bear market and 100-months moving average, a very good resistance.
 

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Dow/ euro gbp stuck in a range as we head towards US holiday Thursday and US jobs Friday.

I'm trading the dow and oil more than forex this week, especially as we have ECB and BoE rate decisions Thursday.

In this thin market we have the GBPUSD just clinging onto 152 so will wait for some key levels to be broken before I engage in this market this week
 
UsdMyr, a good moment to enter short.
 

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GBPUSD 60 min chart I'm long from euro session lows

:arrowu:
 

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  • gbpusd 1hr bars.png
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GBPUSD is holding around the monthly pivot
a lot of data this session but watch for sell signals as we are extended up here
 

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  • gbpusd_4_hr.png
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I keep shorting eurusd 133 this week and now I'm short eurgbp.

Eurgbp has tested a major sell zone and failed so far and eurusd has tested 133 several times this week and failed each time.

Mike
 

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I shorted eurgbp a day too early but here is the strategy I'm applying today...

GBPJPY,

We are in a tight range so I'm buying support to see if the next test of the highs will give way ahead of BoE tomorrow.

danger is Mr Carney will say rates to stay low for some time and they plunge it but I'm happy to follow this strategy for today by limiting my risk exposure getting in at support.

Mike
 

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  • gbpjpy_60_mins.png
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EURUSD, I went short yesterday afternoon, daily finish better than I'd hoped but I will hold my short position with stop above the star.
 

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I'm long gbpusd after the open at the lows but my stop is under the session lows

chart should read ' if we close above 15530 - not 15130 - sorry
 

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