I'm a newbi here,
On my 4hr chart (gu) there is a hammer pin,whitch indictes that the gu should be going up.is that your view as well,or do you still expect it to go lower than 161.
Thanks in advance.
Why did you start trading and what do you expect from it? 19 replies
How soon after you put on a trade do you expect to be "in the money"? 28 replies
How do you see trading - Do you see it as a means to an end? 12 replies
how long do you expect to trade? 10 replies
Trade What You See And Not What You Hope 0 replies
DislikedHow about my long on GU? You and I were on the phone when I took that price.Ignored
DislikedHi Eo.
I'm a newbi here,
On my 4hr chart (gu) there is a hammer pin,whitch indictes that the gu should be going up.is that your view as well,or do you still expect it to go lower than 161.
Thanks in advance.Ignored
DislikedRub it in wise guy. That ended up being an expensive massage when you factor in the opportunity cost.Ignored
DislikedWelcome to the thread! I expect nothing! We're at a critical point on GU. Either she is going to go back north and maintain this range she's been in, or she's going to continue her movement short. As you've pointed out, there is a hammer on the h4, but it's not a bullish hammer (meaning it was still a bear candle and it closed 3 pips lower than the previous h4 candle) and it's kinda sckewed with having a top wick. Buyers were sitting down here waiting to pounce and they did. Will they have enough strength to continue on, I don't know, only our charts...Ignored
DislikedI go away from the thread for awhile and when I come back i have 8 pages to read, really churning out the postsIgnored
DislikedEO.Thank you for the explaination,now I know that i shouldn't rush in taking a position on going long for the time being,
Thanks again.Ignored