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Great British Pound – the BUY case

September 4, 2016 the Pound held the .786 and has rallied around 700-800 pips.  Now, we find ourselves rolling up into the former 2009 support zone w/ a bunch of patterns coming into play. this should act as major resistance and the start of another leg down in the Pound vs USD. just a pattern … […]

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Great British Pound – the BUY case

August 6, 2016 since the HUGE MONTHLY 31 year .78 node the pound move roughly 700 pips (note in 5 waves) and has been consolidating for a month. take a look at the BUY PATTERN present in the GBP a little lower … they don’t get better than this.  What does that mean? well after […]

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Great British Pound – polarity principle at work

wow .. what an amazing vacation in the Outer Banks this past week. W/ a clear head, I open my charts this AM .. so, the Pound found support on a 31 year .786 retracement…it “should”. But, as we know, it doesn’t have to hold – at all.  But so far it has … now, […]

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man, I love this chart …

“should I stay or should I go …?” check it out … the POUND is furiously getting liquidated and, well, for the global economy that ain’t good folks. trust me, the options on FB or AMZN and blah blah can make you a lot of money but when the currencies are rolling – like they […]

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the Great British Pound redux …

CLIFF NOTE: POUND to attack 1.7, make it thru and then set up for a SHORT.  If it does not break thru, then waiting for a sell pattern.  Am NOT going to try and count the current consolidation.  If/when it makes it thru 1.7 it will be quite the cookoff! CLIFF NOTE 2: please see […]

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