So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today. Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the...
Quite obvious that the bears are out to try and slaughter what remains of the pound. Losing politicians, losing football, losing trade....not to mention the shit weather! Here is a simple retrace action trade. Perhaps 1.33 is a little optimistic but we will see a retrace. Check out my SPX500 trades to work out why ;) End of hour, end of day calls on GBPUSD - That's my 50p
I thought forget dinner, I'll just have a LONG night out with my favourite new bitch GBPUSD ;) Pushing some simple Long trades until Euro market open. Also locked into a sick battle with the SPX500 but that's a story for another day ;)
So taking a look at the USDCAD right now after some banter on the chat :) My lines represent where I suggest you short or PUT the asset. For binary its all about 15-60 minute expiration. For FX its all about adding more points on for each new line crossed. See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check...
There is no chance that we will test the historical lows BEFORE the Brexit arrives. There will be some huge swings, most of them going negative, however right here and now today at least for the next 2-4 hours we can "bounce" that Cable back up the levels to 1.42800. Come and check out www.STBinary.com if you would like to take this trade on with some predefined...