only need to see commodities up. lol
hopefully next week trading will be better!
how is you?
Yesterday was the past
Cable Update - Continued 102 replies
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DislikedI guess I probably should have posted a chart explaining what I see.Ignored
DislikedI guess I probably should have posted a chart explaining what I see.Ignored
DislikedAgree with you. Have you or RTM placed your longs yet or are you going to wait until PA breaks above 1.56?
Me... I've been burned too many times to count so I think I'm gonna wait and see. I suppose I'll miss out on 80 pips but better safe than sorry, me thinks...Ignored
Dislikedproblem is that we are not in uptrend.
there is a huge downtrend coming from 1.63. actually this move in GU EU AU etc... .is simply short covering ahead of greek events during this week end.
indeed there is a decreasing liquidity in market and prices are nervous.
what you see as an ascending triangle can be also a huge "bearflag" seen in all pairs.Ignored
Disliked_BBKing_,
I'm sorry for asking what you'll probably consider a silly question, but if a large number of people start entering short positions, this will cause the PA to go up?
Thanks for your patience.Ignored
DislikedMy best decision was to trade smaller trades.Very hard to pick when these waves of ups an downs kick in.
A lot of traders would be needing wide stops.
Change tactics to suit the night mare situations,
Nice big spike would be good to clear some trades
Does any one know of any UK sites that have info on the pairIgnored
Dislikedhello
no silly at all. it's a very interestin question. actually i can't answer you 100% sure. i mean, tendentially, if there is more short pressure, price should go down. let's suppose that market is done by 100traders. 50 are short and 50 are long.
if for a reason 1 switch to short, price goes down unlimited until there is again a 50-50.
then, talking about the exact second when orders goes filled, is not possible to know... certainly, sometimes market takes a counter direction before main move.
i mean: we see some 20 25 fast down, before...Ignored
Dislikedeverything almost perfect here
only need to see commodities up. lol
hopefully next week trading will be better!
how is you?Ignored
Dislikedpersonally i think would be better to develop 2 different trading setups: one for trends, one for ranging like now.
when in ranging i'm used to simply switch in smaller TF like m15 and catch moves near pivots (daily weekly). once pivots are filled, like now, i stay out and wait market to spike and clear some positonsIgnored
Dislikedh1 & h4
already closed one position for 50 pips and let 2 position running ...SL at BEPIgnored
Dislikedguys...
want to ask ur opinion...issit possible GU reach 1.5416?
seem 4h break treandlineIgnored