DislikedAs said earlier, 1.6600 continued to provide strong resistance to the GU pair. Likely to re-test the 1.6530 sooner. {image}Ignored
Anyway , Time will tell.
Best of luck to you.
Hear the music before the song is over ...
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DislikedAs said earlier, 1.6600 continued to provide strong resistance to the GU pair. Likely to re-test the 1.6530 sooner. {image}Ignored
Disliked{quote} It's tricky. Question is will it retest it before or after it takes out your 1.6630 s/l. I'm of the opinion the latter to be the case. Anyway , Time will tell. Best of luck to you.Ignored
DislikedHi Scott ,I'm after advise on Dax ,lets say thats 61.8 retrace ,if it carried on and low went eventually depending on monthly close say , what could we expect as extensions ,my understanding with such a deep retrace ,extensions are smaller ? {quote} {image}Ignored
Disliked{quote} Good morning Bones, Let's see. You want to trade the break of support, ok. But generally for a projection if that is your C, you want symmetry. So, yes general rule of thumb would be less extension due to more retrace. Would prefer some other confluence as well e.g. structure, pa, s/d. etc to get me somewhere. Then again, have not touched equities except for some no brainers back in 2008-9. Before that, 2002-03. And those don't count.Ignored
DislikedHi Don my view is gbp is bearish on a monthly and usd is bullish , {quote}Ignored
Disliked{quote} my view on cable next month..sell the red zone and buy the green zone.... {image}Ignored
Disliked{quote} I agree 100% Billy. Let's "Chain" this post as a voting post. Everyone can quote this post and add their vote. YES for colors, NO for none. Albchr - YESIgnored
DislikedGBP/USD Update 10am Eastern - Options Expiry for Friday, August 29, 2014 1.6690 -pay out US$211 million 1.6600 -pay out US$110 million 1.6582 - CURRENT MARKET PRICE - time stamp 10:54am eastern 1.6550 -pay out US$110 million I REMAIN LONG 1.7300 - Take Profit 2 1.7100 - Take Profit 1 1.6720 - HDA's first scale in long entry 1.6560 - HDA's second scale in long entry Please see trading plan previously posted. http://www.forexfactory.com/showthre...90#post7697890 HDA OUTIgnored
Disliked{quote} Exactly correct, will confirm if we get a daily close above 1.661 and continuing bullish action. Need to test for a change in fundamentals, lets see what the jobs number does etc etcIgnored
Disliked{quote} your post without colorful caracters worries me ! Are you ok buddy ? , is your equity taking a hit lately and you just can't stare at it ! show the spirit and let it go . {image}Ignored
DislikedGBP/USD Update 10am Eastern - Options Expiry for Friday, August 29, 2014 1.6690 -pay out US$211 million 1.6600 -pay out US$110 million 1.6582 - CURRENT MARKET PRICE - time stamp 10:55am eastern August 28 1.6550 -pay out US$110 million Therefore 1.6550 is likely to hold, so we are going UP I REMAIN LONG 1.7300 - Take Profit 2 1.7100 - Take Profit 1 1.6720 - HDA's first scale in long entry 1.6560 - HDA's second scale in long entry Please see trading plan previously posted. http://www.forexfactory.com/showthre...90#post7697890...Ignored
Disliked{quote} @hoom: No more excessive colours - TWEE - wrote to me with a request to cut back on the colouring, so I am respectfully obliging HDA OUTIgnored