DislikedI am long from 232.5 tight stop 232.25
Edit: did not mean post this on its own it is meant to be on the post below.Ignored
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DislikedI am long from 232.5 tight stop 232.25
Edit: did not mean post this on its own it is meant to be on the post below.Ignored
Dislikedseem this pair start try breaking out 234. congrate wolf, i think u get the awasome reward.
let's see how far it can go
The pair whether is going up or down doesn't matter for me. as long as i can get profit :.Ignored
DislikedThe ellipse I have had on this chart for a few days just playing around with it. Shows the rangeing period and the compression of price. Maybe means nothing just like the way price contained itself within and now seems to be breaking out to the upside.
The Ma seems to be just turning up also, something you can see in the price action.
Just my visual interpretation please tell what you think, feel free to shoot me down in flames .Ignored
DislikedNice trade....hope youŽre locking in some profit as it looks as if todays M4 line at 234.08 is going to hold. My 1 min charts have all rolled over in cable, UJ and GJ, so IŽm short at 233.92 with a stop at 234.28 - just the other side of last weeks high. As soon as R1 (233.70 which acted as resistance earlier) is hit, IŽll pull my stop down to B/E +5 in case it bounces on up.Ignored
DislikedHereŽs what IŽve just seen to give me a small sell - the stop followed the 34 ema (agua) down, so now out for 18 pips and looking for the next signal. Once price breaks the 200ema (green) and that rolls over too, IŽll consider a larger position.
The dropping momentum of this TF and the 5m is keeping me focused on the short side for now.
The last rally was due to cables rally on the good UK housing data - UJ hardly moved.
Later, we have the US GDP and then New Home Slaes....both are importantIgnored
DislikedVery nice analysis and trade rational Islander, you have an enviable grasp of the of the market mechanics.
I am slowly picking up on the movements of the other pairs and their influence on GJ.Ignored
DislikedHereŽs an update - the Snake / momentum is still falling and price has consolidated in the rectangle at the top of the screen shot. Now only the PC Index and the Chicago PMI left for tomorrow.
Is price consolidating for another push up OR is this distribution by the Big Dogs as they start thinking about moving the market down again?
Time will tell, but the Snake / momentum is falling and this is not good for the bulls.Ignored
DislikedI see what you mean although its starting to look long to me, attached one of your snake charts 1m please tell me what you think.
Taken 4 long scalps off the trend line since lunch, still long from last night and the last scalp I still have running.
It could of course suddenly plummet!Ignored
Disliked1 hour chart
We are solidly above the green trend in my view, I have a trend line off the daily chart (blue) which may be resistance and then 235.5 is the next level . Not forgeting R2, H5, M5, 235 and R3.Ignored
DislikedI agree... This green line matches with a triangle's upper trendline in the daily. Looks like this baby is breaking out of this range in the 4HR chart (first candle open out of it).
*** WOW, so long out of this pair, so long out of this thread...Ignored
DislikedHi Cesarnc,
Welcome back to this thread, I always read but never posted when you were here.
Real nice to have somebody with '7034' posts agree with me!
ChrisIgnored