Dislikedthe channels got much respect lately, but nevertheless they keep on getting broken will it hold this time? EU 2h TF {image}Ignored
same channel on the 4min chart
have taken a long @ 2582
will set it to BE soon
Dislikedthe channels got much respect lately, but nevertheless they keep on getting broken will it hold this time? EU 2h TF {image}Ignored
Disliked{quote} same channel on the 4min chart have taken a long @ 2582 will set it to BE soon {image}Ignored
Disliked{quote} Some yesterday scalps (65 pips), EU short went well i knew i should have kept TP open due to bottom break. http://prntscr.com/4rpahl Dollar as expected break trough high. Argh damn GJ with all those fakeouts, hate that PA. Not trading it until it exits. http://prntscr.com/4rpb2o NU, landed in perfect area for longs, but bottom says no go. So waiting for some heavy bull break for longs until that not shorting not longing: http://prntscr.com/4rpbe2 CHFJPY wants to go there, will be shorting m15 retracement:...Ignored
Disliked{quote} Took 17 of NU long, EA CJ both aproximately hit first targets, but price didnt retrace enough for entries. Lavanda: Yes more or less. It depends on situation of EUR strenght, but generally CJ is drive path for all JPYs. Infinitus here is my key zone i watch for bear bull momentum, staying bearish as usual as long as it holds: http://prntscr.com/4rqmq5 At moment it doesnt look too good for longs as daily wants 2100, but from GU h4 structure point of view it could be 50 pips retracement.Ignored
Dislikedtime to go long? one of the best contra-indicators, the trade explorers of the FF members show now net-short {image}Ignored
Disliked{quote} same channel on the 4min chart have taken a long @ 2582 will set it to BE soon {image}Ignored
Disliked{quote} There is no reason at all to go long term long at moment, we need to breach some serious lines to reverse that hehe. Barbones Agree, i stay bearish for another few months, unless something big changes, i might switch to short term bull side, if certain key areas are broken, but for now that has happened only once and it was fake. Infinitus SSI of fx factory is inded quite good indicator, however its not reliable to trade on. It is just a bit of additional confirmation, well i am sure you know that but just to point it out for...Ignored
Disliked{quote} Janpec where do you see GU in short-term, mid and long-term. I think GBP has been defending itself somewhat to all strength going on of the dollar at the minute. Fundamentally, with BoE probably talking of rate hike sooner than expected, I expect the fair value to be in the near term around 1.66 but again with election uncertainly going on in the UK and with talks of no major party getting a clear majority, can be negative for pound. Also I think increasing rate can be a tricky situation but both FED and BoE face the same dilemma. With FED...Ignored
Disliked{quote} Workingforex, basically you answered all by yourself I have been posting GBPCHF to gain strenght with exception of GU which should be still pushed down by strong dollar, which both happened over past 7 trading days. So long term view GBP is very bullish however long term its very difficult to say how GBP will perform over all pairs but mid term and short term its much easier to say. GBPCHF as GBP itself is probably safest one to say bullish mid and long term. Good observation is that even though dollar is very strong, gbp is aswell if...Ignored