FOREX PRO WEEKLY September 08-12, 2014

Hi and thank you, Sive .

This week I will stay out of EURUSD for reasons above (oversold) , also of USDJPY as close to the targets 105,xx . But I DO trade Long AUDUSD (SL 0,905 and TP 0,995) and Short Gold (SL = 1340 and TP 1240) , both markets also advantage Swap . Clearly lean back and watch the dust settling is best for the time being .

wish you all a green and save trading week

KB

PS.: Did FPA eliminate the "Like" ?
 
Hi Sive and all,
Cable gaps down to 1.6170 in early trading !!! Can you share your view on the pair? Thanks!
 
Thank you for this excellent analysis, Sive. Last week, I drew lines on the monthly chart to predict the medium term target and came up with 1.2190 as well. Please look at this and tell me what you think.

Hi Cosmos,
Nice observation either. You're right we have a lot of different tools to estimate supports, targets etc... Triangle looks nice.
 
Hi Sive,

Could you please review and advise attached patterns below.
- 3 drive sell audusd 4hr
AUDUSDH4.png
- Bullısh grabber on nzdusd daily and potential reverse H&S on 4hr nzdusd in accordance with grabber on daily.
NZDUSDDaily.pngNZDUSDH4.png
- DPRO sell on usdjpy 4hr.
USDJPYH4.png

Thanks
 
Looking at poor Cable 100% Daily ab=cd is little below 1.60 in agreement with 50% Monthly fibo.Will it reach it? Monthly BnB may be real good trade, but after Scottish independence vote. I tried longs to soon and I am in a loss by far! Any thoughts? :
 
Hi Sive and all,
Cable gaps down to 1.6170 in early trading !!! Can you share your view on the pair? Thanks!

Hi Venelin,
Right, you've already got it. I suggest us to forget about Cable till 18th of September - voting day on Scotland independence.
 
Looking at poor Cable 100% Daily ab=cd is little below 1.60 in agreement with 50% Monthly fibo.Will it reach it? Monthly BnB may be real good trade, but after Scottish independence vote. I tried longs to soon and I am in a loss by far! Any thoughts? :

here's what i see on daily:


and 1 more chart, H4
 

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