Anyone wants to comment what i have posted above ?
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DislikedI spend Saturdays studying charts and planning strategy for the next week. Unfortunately I am only able to access 1 chart on my broker's platform this weekend--fiber.Ignored
DislikedHi moonchild
Thank you for sharing your thoughts on this. Please excuse the ignorance ... which pair is known as 'fiber'?
Would like to view the timeframes as per your post to get a view but not sure which pair it is!
Thanks
ShaunIgnored
DislikedSince MChild appears offline and to save you wating, Fiber = EUR/USD.
{because the Exchange Rate is/was transported via Fiber Optic Cable.}
{Cable = GBP/USD because the Rate was originally transported via the Transatlantic Copper Cable}Ignored
Dislikedim so beat
been snowboardin all day
i pulled off a nice 180 over a little drop it was awesome
sorry i havent done the post about trading the daily charts but i will prob on tuesday or something.
guys im reading some stuff about selling indicators and some arguments and problems please keep em to a minimum its unecessary and i dont want my thread to become one dealing with personal arguments and stuff. thank youIgnored
DislikedSnowboarding in Lebanon? I have had many lebanese friends and do not remember any of them mentioning skiing or snowboarding or snow in Lebanon.Ignored
DislikedI spend Saturdays studying charts and planning strategy for the next week. Unfortunately I am only able to access 1 chart on my broker's platform this weekend--fiber.
Looking at this chart, I find that the stochastics look as though, if I project ahead what they will shortly be looking like, there may be a shorting opportunity on the 5M, 15M and 4H charts, but not on the 30M or 1H charts. Looking at my Rubber band indicator I see a set up for a possible 50 pips. This is in line with trading the 5M and 15M chart since I usually expect a set up on those 2 to produce somewhere around 30 to 50 pips, sometimes more. Price action (my old standby) suggests a short on the daily chart.
It looks as though I may be taking a short on Sunday. If it is still looking good after the 50 or so pips, and if the stochastics are favourable at that point, I may stay with the trade, particularly in light of what price action is suggesting.Ignored
DislikedHello,
Is this a valid sell signal (still in the making) for ED?
Thanks for any comments.
FPIgnored