EURUSD Latest outlook - Short callsSimple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs.
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Historical SPX500 "It's my party and I'll short if I want to"What a journey!!!
I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline.
Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please therefore be careful.
In my opinion however from here and for the rest of this week, this month, next month and even into September we will be coming further back down the price levels.
Here on my chart you can see my Fib work and SHORT position indicator set.
At this moment I have taken a poorly hedged account, cut 250k out of dead weight, added 150k back into the balance through longs and im now anchored up to hang for the short price to come.
Essentially I'm almost there, just need the price to start falling from here and I'm a hero.
Hopefully I'll make it 3/3 spot on analysis posted. I expect a rate of 2070 or below come close this Friday.
#bitchbetterhavemymoney :) #shortyshorts #falldownprediction #mysticmeghasnothingonme
GBPUSD FIb patterns over timeAfter scalping out over 400 pips this week alone it is clear to see that truly what we have here is an opportunity to continue to rake some profit in.
On a binary options level we need to target 15 minute spot positions in order to keep the risk down.
Nice indication for a big reversal to come perhaps?
GBPUSD RETRACE - Time to play devils advocateThere 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 risk and reward.
11.09.2014 London Session Watch GBPUSDGBP/USD has been in a strong down trend since last month but seemed to find some ground in the last few days. There's an inside bar candlestick pattern formed on this pair, so the price could potentially move slightly higher to the resistance level and fill the gap before continuing to move lower. The stochastic and Commodity Channel Index (CCI) are showing the Pound is overbought as well which could lead the price lower. The long term trend is still bearish as the short term moving averages (10 and 20 period) are still staying below the long term moving averages (50,100 and 200 period) and the Tenken-sen is still below Kijun-sen too which shows the bears are still in this market, so we could potentially have selling opportunities in todays London session near the 1.6275 and 1.6340 resistance level.
USDCAD New York session WatchAfter multiple attempts to break below the 1.0880 support level, USD/CAD’s price eventually started to see some upside movement in today’s Asian and Lohndon session. The price has created multiple pin bar candlestick patternw in this market, which shows the bulls aren’t going to give up anytime soon. The overall trend is still up as the price remains above the 200 period moving average and MACD and Parabolic SAR indicator are building up strength to the upside. The current support level is at 1.0880 and resistance is at 1.0983. If the bulls are determined to drive the price up, we could potentially see some buying opportunities coming in today’s New York session.