Here's Cable, inverted, showing classic teapot formations right?
So Cable higher (lower on this chart of course...)
So Cable higher (lower on this chart of course...)
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DislikedHere's Cable, inverted, showing classic teapot formations right?
So Cable higher (lower on this chart of course...)Ignored
DislikedDitto
But I'm looking for a support around 1.02, and 1.618 fib
potential range bound..Ignored
DislikedHere's Cable, inverted, showing classic teapot formations right?
So Cable higher (lower on this chart of course...)Ignored
DislikedCheck out 1.022 too. It is LT Fib. You can pull it up on your daily chart. You might find a solid bounce on it at H4 or H1 frame. It's close to your 1.02. Daily usually pushed through it though, but if you are trading shorter frame, you could get some from it.Ignored
Dislikedcheers mate, I'm assuming you're talking about 50% Fib drawn from Feb -Jun 2012?
yup, there's sort of a support zone in the 1.018-1.022 area, I'll normally wait for PA for entry when it gets there.. H4 is the smallest timeframe for me and I usually keep to the daily, less reward but less time on the charts too..Ignored
DislikedThanks for that. This is the problem with gut feel, when I look at your Cable chart I want to sell it, when I look at mine inverted one I want to buy it....GrrrrrIgnored
DislikedAU played out nice and broke the wedge. Added another limit. I panned out on H1 so you can see where my entry, stops and tps are.
Also, we might get a good break/retest on the wedge, so keep that in mind tooIgnored
DislikedHey Saxon...A few things
1) Nice catch on the Aussie, not only the fib level but weekly support was mighty tuff at that level.
2) Can you explain your signature in the nicest way possible?
3) I noticed on your website you seem to be well educated and qualified in economics, finance and something else taht escapes me just at this minute... My only question is... I have only ever seen you talking about technical analysis in your trading calls. Does the educational stuff make any impact on your decisions? and if so; how much? Or is it more...Ignored
DislikedI can throw some of my econ analysis more often, I just didn't know if anyone wanted it.Ignored
DislikedReally, you have got to be kidding me :0
I swear I missed entry by half a pip !!!!!!!!Ignored