This is a major big pattern in play. There is a huge hns in progress
At each of the resistance confluence , price proves the analysis correct with a violent turn. 49 more words
Had been waiting for this trade for a long time with big picture planning.
this is classic neckline retest of a Double Top. If price should print a right shoulder, then it will be the highest probability retest via a hns. 30 more words
Yesterday, better-than-expected US home sales figures pushed the EURUSD pair into a downward spiral breaking below the daily resistance zone.
Today on the economic calendar we have from the US the consumer price index in September that is expected to fall from 1.7% to 1.6% reflecting that inflation is not increasing and the FED may not raise the interest rates any time soon. 55 more words
FTSE – analyisis and thoughts for the day ahead (Thur 7th/Aug/2014)
As i thought, we hit 6600. We actually had quite a spike down and made it to 6584 as many stops were going off. 271 more words