Whats this based on? overbought?
that 186.00 Is giving some short term resistance..
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Disliked{quote} Hi Alexpi, Whats this based on? overbought? that 186.00 Is giving some short term resistance..Ignored
Disliked{quote} This is just based on psychology. My statement from the morning was based on the expectation that they would do this pump up. Look at that acceleration up on D1. Retailers are dying to long, fundamental traders are looking at the results of UK elections, and it's a great time for banks to present GJ buy opportunity to their clients because "Look how high it went just in the past 4 days, conservatives won, reforms and progress!". They start filling their sell orders with the buy orders of everyone around, beat it down to ~182, maybe even...Ignored
Disliked{quote} Thank you for the insight. I am still struggling to see the bigger picture sometimes, especially at moment of indecision. I am currently playing around with a strategy that I've developed that takes price action and S/R levels, though it still needs tuning. In short, I am happy for it to go long or short, it will trigger the relative pending order either way. Though, as mentioned before, I feel a little 'blind' sometimes, and you're replies add context and food for thought.Ignored
Disliked{quote} Just remember that I'm just 1 person and I'm sharing only opinions. Don't get influenced by what I say (too much), because I will change my opinion the moment I see the market proving me wrong.Ignored
DislikedThis move may be just the stop hunt impulse before the sell at the big round number. Most likely there will be a EU deal with Greece tomorrow so maybe one more risk surge upward on the good news and that could be it. Could not resist, sold again at 185.79.Ignored
Dislikedim just beginning to look at elliot wave so take this with a grain of salt. but on the 4h it seems were are in about the middle of wave 5. if its accurate, there about 400 or so pips left in the move northIgnored
Disliked{quote} Yes, if you follow alien system, there is a DS on 1hr in progress. I entered on the break of 186 with first target at 187.30. There is nothing short about this pair at the moment.Ignored
DislikedLOL! HAHAHA! Worst pair ever! Strange surges out of nowhere. This cross is a joke. On micro account maybe but to make a living from it no way. Removed this hazard from my charts and will not be returning.Ignored
Disliked{quote} Yes, if you follow alien system, there is a DS on 1hr in progress. I entered on the break of 186 with first target at 187.30. There is nothing short about this pair at the moment.Ignored
Disliked{quote} closed at 187 for +100. Will look for re-entry later, hate trading NY afternoon.Ignored
Disliked{quote} closed at 187 for +100. Will look for re-entry later, hate trading NY afternoon.Ignored