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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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the Great British Pound Rules of Engagement for 9/18/2014-9/19/2014

Joe Dinappoli once told our seminar … your either going to build the boat OR sail it. Choose one …what he was trying to say is your either going to TRADE or your going to put out research.  No one side is better than the other …I’m of the mindset that in order to TRADE […]

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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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Great British Pound – again

if your a new reader, check out the below posts on the continuing saga of trying to get short the GBP vs USD: http://bartscharts.com/2013/09/12/the-great-british-pound/ http://bartscharts.com/2013/09/18/the-great-british-pound-update/ http://bartscharts.com/2013/09/30/great-british-pound-update-iii-and-pumpkin-soup/ http://bartscharts.com/2013/10/22/the-pound-gorillas-and-juggling-dynamite/ http://bartscharts.com/2013/10/29/pound-negative-reversal-potential-long-term-chart/ http://bartscharts.com/2013/10/31/halloween-pound-update/ http://bartscharts.com/2013/11/02/great-british-pound-continues/ http://bartscharts.com/2013/11/05/jec-silver-past-fractals-and-the-pound/ http://bartscharts.com/2013/11/12/pound-foldback-updated/ so, where do we sit now?  below you will find a daily chart of the GBP vs USD and, well, nothing has really […]

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Halloween Pound Update …

as I debrief the action in the Pound vs the USD over the past couple days, I can say that, perhaps, I might have done one thing different … a couple days ago we called for a pattern complete in the US Dollar and that coincided w/ the top shown in the GBP.  The GBP […]

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Pound Negative Reversal Potential – Long Term Chart

i had the wonderful pleasure to teach, for a little over a year, the Capstone CMT III course…the positive and negative reversal arena usually made both me and the candidates head explode.  so, if you want to read about it and catch some understanding, Google: RSI negative and positive reversal by Connie Brown. in this […]

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