{"id":9236,"date":"2014-09-18T12:23:33","date_gmt":"2014-09-18T20:23:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=9236"},"modified":"2014-11-27T22:25:40","modified_gmt":"2014-11-28T06:25:40","slug":"british-pound-waiting-scottish-vote-economic-reports-levels-9-19-2014","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/british-pound-waiting-scottish-vote-economic-reports-levels-9-19-2014\/","title":{"rendered":"British Pound Waiting for The Scottish Vote, Economic Reports & Levels 9.19.2014"},"content":{"rendered":"

Hello Traders,<\/strong><\/p>\n

For 2014 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

\n
Voted Number 1 futures trading blog!<\/a><\/div>\n
\n

British Pound waiting for the Scottish Vote for clues on next move<\/b><\/p>\n

On Thursday, after a 307-year-old union with England and Wales, Scottish\u00a0voters age sixteen and over will decide in a referendum that will ask the question: Should Scotland be an independent country?<\/p>\n

Most opinion polls show more Scots want to remain in the U.K. than leave it, but enough voters are undecided to swing it either way.<\/p>\n

The “Better Together”\u00a0campaign\u00a0says Scotland should remain part of a larger country that has a greater say in the world and can better withstand financial\u00a0shocks. Voting “no” to secession would also ensure it keeps the British pound\u00a0after the\u00a0U.K. government\u00a0ruled out\u00a0sharing the currency\u00a0with an independent Scotland.<\/p>\n

From the technical perspective I did get a possible buy signal ( see the blue diamond in the chart below).\u00a0My diamond indicators<\/a>\u00a0are an output of an extreme overbought\/ oversold along with price action that suggests a good counter trend move. In this case we saw an extreme sell off starting July 15th , falling over 11 points, I think if the market can take the 162.65 level , the door is open for a move up to 164.81 and 166.14!<\/p>\n

 <\/p>\n<\/div>\n

\n
\"BP6
BP6 – British Pound (Globex), Equalized Active Daily Continuation : Heikin Ashi<\/figcaption><\/figure>\n

 <\/p>\n

One thing for sure, volatility may be QUITE HIGH and it’s really hard to tell the immediate affect. Make sure you have a solid money management\/ risk plan in tact!!<\/p>\n

Read the rest of the analysis at:<\/p>\n

http:\/\/experts.forexmagnates.com\/british-pound-waiting-scottish-vote-clues-next-move\/<\/a><\/p>\n

GOOD TRADING<\/strong> !<\/p>\n<\/div>\n<\/div>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative to future results.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels<\/a>, Please share! <\/strong><\/p>\n

Futures Trading Levels<\/strong><\/p>\n

Economic Reports<\/strong><\/div>\n

source: http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:18pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
FriSep 19<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman PPI m\/m<\/td>\n<\/td>\n<\/td>\n-0.1%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nCurrent Account<\/td>\n<\/td>\n<\/td>\n14.3B<\/td>\n13.1B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nCB Leading Index m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n0.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nDay 1<\/td>\nALL<\/td>\n<\/td>\nG20 Meetings<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Hello Traders, For 2014 I would like to wish all of you discipline and patience in your trading! Voted Number 1 futures trading blog! British Pound waiting for the Scottish Vote for clues on next move On Thursday, after a 307-year-old union with England and Wales, Scottish\u00a0voters age sixteen and over will decide in a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[231,167],"tags":[692,694,693],"class_list":["post-9236","post","type-post","status-publish","format-standard","hentry","category-commodity-brokers-2","category-currency-futures","tag-british-pound","tag-euro","tag-scottish-vote"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=9236"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9236\/revisions"}],"predecessor-version":[{"id":9240,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9236\/revisions\/9240"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=9236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=9236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=9236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}