19 years in trading
Asian market loves to play with the GBP/USD, especially since they have crashed the Pound on October 07. That was a fet finger, yes you wish. As I wrote in my analysis that day, it will be extremely hard to find a technical support level in between the 1.2470 and 1.1940. As you can see, there was 2 attempts to reach
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I am following lately GBP/USD on smaller TF’s (15 and 30) and I enjoy in the sellers game with this pair. True, technical analysis on smaller TF’s works perfect, if we exclude this move from the afternoon, which is also a normal move in the market as we call it, SL hunting. You can see clearly how the sellers have searched for
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This is one of the reasons why I didn’t analyse the USD/GBP after Brexit and it was only a matter of time when something like this will happen. 662 pips slide in a matter of only 3 minutes was brutal last night, same as 530 pips return. I sow the move last night, but to be honest didn’t pay much attention
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Who survived this fall, will have something to talk about. Watch how the fall looks like step by step in 7 sesions of falling and bouncing in the H1 chart. This was really something to watch and to enjoy. The streght of the forex market was incredible. At first, I tought that I will go to sleep at 02:00 AM after 1st and
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Follow the LIVE results and vote counting on Bloomberg, cause this will be a long night. It’s a chaos in the markets in this moment, caused by the first results after wich the GBP/USD fell for 700 pips in a matter of minutes. These results are not relevant for now, but the difference is not small in favor of the
Read moreI wrote in my last article that I will try to catch a trade worth to risk in theese days of high volatility and here I am, already out with +633 pips and +55,8K euros trade, after only three days! I will try to describe this trade best I can, but as you can see in my chart, I have pointed
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The US dollar has returned daily loss here in total and based on my analysis, this trend line is technical reason for that. As I see this furder, 1.4820/50 could be even the stronger resistance area, with bigger sellers in that place and if the pair manage to reach that, it could be interesting place for short orders. On the other hand, 1.4440/70
Read moreAfter several days fighting with the trendline the buyers manage to close the pair above the same in the last week at 1.4412, with daily MA100 on test for the beginning of the new one. To be easier, the pair opened this week with gap at 1.4458, above the daily MA100, which has become support and after wich the buyers have opened
Read moreAre you in? 🙂 A little fun and analysis, it’s doesn’t hurt sometimes, right!? Interesting ride during the March with GBP/USD, there is no doubt and it could continue for a while, without kidding. Brexit referendum in not near and the market ‘players’ are playing with this pair as we can see. Near the 1.4000 are the buyers and near the
Read moreI wrote in my previous analysis from March 18. that, the Pound is on a big test at the resistance level 1.4500 and that the buyers will have a problem to break true. Well, that level reject the pair again exactly at my pointed trend line, in wich I have focused for a long time here. After the Pound slided back from
Read moreThe buyers are persistent, pushed the Pound strongly from 1.4100 in the last two days. But, they are in a serious test now, in front of the strong technical resistance, which has stoped the growth yesterday as well at 1.4500. This is sellers area, but the buyers looks determinated enough to go higher. For sure, this it will be very interesting to
Read moreThird bullish day in a row and the real one today for the Pound lovers. You can see in my analysis how the pair found support and turn the bearish into a bullish momentum, at this ‘broken’ up trend line in the last two days. For now the pair reached 1.4060 and the buyers are trying to push the Pound true the
Read moreIn my GBP/USD analysis from February 02. I have pointed at 1.4600/50 as an resistance which can’t be broken on the way up and that was right. Latter on, the Brexit referendum called for June 23. in this weekend was just another reason for big sale in this pair. US dollar is favorable, which is apsolutely normal, but what could we
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