Monday, December 18, 2017

British Pound Review $FXB #CABLE

British Pound Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

The Pound's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.

Subscriber Comments

The secondary and primary trend alignment defines a lackluster rally since the end of November (The Matrix). Traders follow these trends as long as alignment and TIME permit.

Resistance stands from 1.3445 to 1.3619. Support is found from 1.305 to 1.327. The bulls control the trend.


Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.