GBP/USD Weekly chart with ABCDs: Heading to 1.53s

October 8, 2012 2:20 pm / no comments

Wrap up of the Week – W/E 21/10/2012

Wrap up of the Week – W/E 21/10/2012 EURUSD: The pair was, again, our main focus of trade this week and we netted a healthy +383 pips on the pair (see David’s Twitter timeline). Our bias is still very much to the downside, the strategy...

October 23, 2011 12:36 pm / no comments

Updated: EURUSD The Next 48, October 19

Eurusd played along with what we called in our last Euro post, here.   It was bid through Asia but found resistance and wasn’t able to make a new high on our 4H chart. We are now looking to continue shorting the Eurodollar and are looking...

October 19, 2011 6:25 pm / no comments

EURUSD October 17 Review

Via @davidpotts101 on twitter: Daily close below 1.3770 in EURUSD completes a bearish engulfing candlestick pattern suggesting a near term technical bias lower. Watch smaller timeframes to see and sell any rallies here in Asia and tomorrow’s...

October 17, 2011 3:40 pm / no comments

EURJPY Monday October 17

With the meddling of the BOJ in the currency markets lately, we don’t often play with any Yen crosses, but with the state of the Eurozone it’s worth keeping an eye on the EURJPY.  Below on the weekly chart you can see how we came back to...

October 17, 2011 3:11 pm / no comments