DislikedGood day, Probably will go for 1.6160 - 1.6180. Nothing else for it to chase... Earlier short was closed before the rise. Started short again from 1.6137. Regards {image}Ignored
Yip. Sorted out the stops sitting there.
Regards
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DislikedGood day, Probably will go for 1.6160 - 1.6180. Nothing else for it to chase... Earlier short was closed before the rise. Started short again from 1.6137. Regards {image}Ignored
DislikedRolling all over 1.6178 is almost a done deal the way things look as of right now... What remains to be seen is how stops are lined up above there that will tell the story about how fast or not the break will move levels... For now enjoy sustained orderly smooth market action....the way it has to be all the time but isn't...Ignored
Disliked{quote} Hi calderone, The real time strength is very useful, where do u get it. Can you pls send us the link. TQ.Ignored
DislikedThen if and when we break back into the long candle support/resistance zone, the transverese indicates the drop could be quick. very keen to see todays and next weeks action. {image}Ignored
Disliked{quote} Sending you a pm. It's proprietary so I don't want to break any rules posting it here.Ignored
Disliked{quote} you mean that BP will go down i am short from 1.6185 is that ok my stop loss is 1.6250 and t/p is 1.6120.Ignored
Disliked{quote} From what I can see, 6250 would be cutting it very fine. If it were me, I would put SL above the high of Sept I think it is, as a SL hit there would negate the analysis. Is pound going down? thats a rather direct question. Who knows? I just "think" it is. EDIT: I would put SL above October high, the highest high so far this quarter.Ignored
Disliked{quote} Not that anything is ever predicted 100% in the markets, but generally, a pennant is a continuation pattern.Ignored
Disliked{quote} 6250 is not possible today. GBP had its fair run. now time to take stops at 1.6150 and 1.6120Ignored
DislikedYeah, it seems to me that going down would be easier at this point than up. Seems to be a lot of pressure against an upward move. Which makes me keep asking myself, "Why am I long?"Ignored