xMac

xMac Updated 

Wait for it - on the daily, we should be waiting to long this pairing when and after we have confirmation that we are bullish somewhere in the demand zone (143.769 - 144.552) check the CCI and go long at least all the way to supply zone (148.403-149.314). At this point we will likely have a breakout, need confirmation and take the trade all the way to the second...

xMac Updated 

Looking for a small retrace on this pair, not sure how short or long it will be but my reckoning is there will be one, then we'll enter a long trade for the ride up. Please bear in mind that this is only my view on the market - please trade responsibly and be accountable for your own strategies and trades. Happy trading and good fortune to all.

xMac Updated 

Looking good for a short here, FTSE moving averages on the monthly and weekly still Bullish, though I believe this is on the turn; Our daily shows a neutral setting and trending towards a bearish move; so taking a nice position here and look forward to making my target, just above this weeks support line. Please bear in mind that this is only my view on the...

xMac

This is showing a good bearish turn on the weekly chart @ 2128, longer term (weeks/months, not tomorrow!) I am expecting to see it retrace down to the 2000 mark. Once reached we would need to see what the market has prepared for us a bounce to the upside or a breakthrough towards our second target of mid-1800s. Getting a bounce at point A would likely see us...

xMac Updated 

FTSE for the next couple of days - though my opinion would back the shorts even in this bullish scenario