Re: Forecast

111
Forecast for the European session on May 7
EUR

Purchases only after a return to 1.1975, or a fake breakdown of 1.1927. The goal is to update 1.2019, where I sell immediately for a rebound. If the rapid growth from 1.1927 will not, then I postpone the purchase to 1.1866 and 1.1830. Sales do, if you catch on 1.1975 does not work.
GBP
Pound to buy only after fastening to 1.3560 with the target of 1.3623, where I sell for a rebound. If we can not get hold of 1.3560, then I sell further with the target of 1.3490, and there, in case of a breakthrough, I'm adding to shorts per 1.3459 and 1.3429. I'll also look for purchases in case we hold 1.3490, and so, only after updates 1.3459 and 1.3429.
GOLD
Shopping only after the descent and false breakdown at 1308.30, or on a rebound from 1301.50. Sales for the rebound from 1325.70, or after an unsuccessful attempt to get hold of 1317.20 and return to this level in the afternoon.


Re: Forecast

112
Forecast for the European session on May 8
EUR

While the trade is below 1.1927, there is a possibility of further movement on the trend with an exit at 1.1874 and 1.1830, where I buy for a rebound. If we go back to 1.1927, I'll look at purchases with a short stop below and in order to update 1.1975 and 1.2019, where I sell for a rebound.
GBP
While we are below 1.3562, I look forward to further pound movement down. False breakdown and return at 1.3562, a good signal for sales in the area of ​​1.3490 and 1.3459 with a test of 1.3429, where I buy for a rebound. If we return to 1.3562, then I'm waiting for the test 1.3623, there immediately sales. If the rapid drop is not, then postpone sales to 1.3689.
GOLD
I am looking for gold purchases after forming a false breakout in the area of ​​1308.35 with a view to returning to 1316. The fastening at this level gives a chance for growth to 1323.85, where I sell immediately for a rebound. If we fix below 1308.35, then I sell with the target of 1301.45, where I buy for a rebound.

Re: Forecast

113
Cable's bounce off a strong 4H resistance line in play. Down she goes (for now)

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macd & rsi
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Re: Forecast

115
mlawson71 wrote: Tue May 08, 2018 9:27 pm The last low is at 1.3485, let's see whether there will be a double bottom or the pair will rebound from it.
Yup my thoughts too bro! Let's see
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Re: Forecast

116
Forecast for the European session on May 9
EUR

Breakthrough 1.1839 will lead the euro further down to 1.1792, 1.1765, 1.1742. A divergence on MACD and a rebound from 1.1830 can be formed. In this case, I'll look at the purchase after returning to 1.1839 with a target of 1.1882 and 1.1927, where I sell for a rebound. If they do not let me at 1.1882, I'll see the sales after returning to this level with the aim of breaking through 1.1839 and further down the list to 1.1792, 1.1765, 1.1742.
GBP
Purchases only at the lower border of the channel 1.3490 on a false breakdown, or on a rebound from 1.3459, 1.3429 and 1.3400. Sales only on a false breakdown from 1.3562, or on a rebound from 1.3623.
GOLD
Purchases from the middle of the channel 1308.35 on false breakdown, or on a rebound from 1301.45. Sales from the upper border of channel 1316 with the goal of 1308.

Re: Forecast

117
Forecast for the European session on 10 May
EUR

The euro purchases are more confident only above 1.1882 with the target of 1.1927 and 1.1975. If we go down, that is, support 1.1825. There are purchases only on false breakdown. In another version, purchases for the rebound from 1.1792 and 1.1765. If you can not get above 1.1882, then I look at sales from this level to breakthrough 1.1825 with test 1.1792 and 1.1765. If we leave higher, then there are 1.1927 for sales, but a more suitable variant will be in the area of ​​1.1975, as the breakthrough of 1.1882 can form a good upward momentum.
GBP
While we are above 1.3552, there is a hope for growth to 1.3623, there are the first sales, and for the update 1.3689, where sales are immediately on the rebound. If we leave again at 1.3552, then I sell for the test 1.3485 and 1.3459 from 1.3429.
GOLD
Stay in the channel. Sales after a false breakdown at 1316. Fastening under 1309.80, I add in shorts to area 1303.50, where I buy for a rebound. Purchases can be viewed on a false breakout from the middle of the channel 1309.80, and add to long above 1316 with a target of 1324.


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