Jacob-Seed

Jacob-Seed

I'm looking at a possible sell off on GBP/USD. From a technical stand point a lot of its negative neighbours are also showing signs of strength I.E USD/CAD so I'm going to wait and see how the market reacts on open and then based on the direction the market wants to move I'll then get involved from the appropriate angle so my plan is to short but if the stars...

Jacob-Seed

Could we have just seen the (Accumulation phase) come in on EU? I think we might see price keep pushing higher, there is a lot of uncertainty in the Dollar at the moment to do with the US current situation Its important we remain patient and wait for the pair to present us with the golden set-up and not try chasing every move I myself was taken out along side...

Jacob-Seed

EURUSD one of my personal favourite pairs. With this we are watching price on the lower timeframes (1D,4h,1h) move sideways so some good buys and sells at Support & Resistance but the overall picture is we are fast approaching a key level that as been respected since 2003 and this is where we could see price go into the Accumulation phase before EURUSD finally...