Missed the morning drop. Now waiting for another drop to 14130 area to get out my short so I can just scalp away and recover the loss.
Insane in the Brain..
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DislikedMissed the morning drop. Now waiting for another drop to 14130 area to get out my short so I can just scalp away and recover the loss.Ignored
DislikedBoring week so far, but i think tomorrow will be volatile and exciting. US GDP data will be out tomorrow, which will probably wake up the market. Based on my fundamental analysis & calculations, USD is weak right now; there's so tiny little chance that USD can take it's advantage back with just the GDP numbers. GBP have a big advantage against USD right now. As you can see here, the gap between GBP and USD is huge:{image} Tomorrow, if the US growth numbers come out high; GBP/USD probably make a fake breakout to the downside like it did when US CPI...Ignored
DislikedWow. My favorite candle pattern again. Ain't we looking at 1.42 or above ??? {image}Ignored
Disliked{quote} Thinking the same. But, I waiting to buy at lower price later Mean while just scalp first from the set up visible @ lower Support zone. H1 & H4. Chart {image} {image}Ignored
Disliked... price reached the 61.8% of y/day's 4211-4115 down move and a new current dly hi... in the prev 1hr sw lo zone =prev supp=pot sbr. 1hr below. It's a typical range isn't it? 1st a move to upside in asian session, then price taked out asian session/the then current dly lo, then a move to upside taking out the then current dly hi. Lol. Apparently random swings in pre-defined borders but they are actually the bulls and the bears trying to take control and achieve a b/o which may persuade more to join their team. {image}Ignored
Disliked{quote} it is not worth it basically very tight range and I quess if u have to trade the triangle, this is what I see potential breakout and retest???? {image}Ignored
Disliked{quote} The triangle is too tight for my liking. However a drop below 141 should open doors for a major drop and likewise a break above 14220 a major rise. As we are currently middle of both it’s a sit and wait scenario for meIgnored
DislikedDaily larger degree swing and trend is up The larger degree swing subdivided into minor swings and the minor trend is up The minor waves subdivided into intraday swings and the intraday trend is up Now taking a look at the current price action using the 4H to see what the intraday waves are doing we can see price moving in a triangular pattern with an abcd and e in the final stages of completion or possibly complete as e would be an impulse as its moving with the triangular pattern corrective direction. So essentially we would be looking for a move...Ignored
Disliked"edit" yesterdays doji Open/Close 1 4154 may cause aliitle trouble. bears looking ruthless / eg back to 8653 tempted to sell her again cluster of resistance there abouts, cheap entry 13 or 17 pip sl ?????Ignored
DislikedLow volumes today - I don't see it doing much now until the US open. For my trades 2 buy and 2 sell trades - so an upward movement to around 1.41700 and then to head downwards would suit me! But, the markets will do what they want and I will sit tight and wait to see what happens. No more trades for me now until the US open.Ignored
Disliked{quote} this trade cost me, but I really wanted a short near the top of the channel, Im thinking present pa is more eu weakness than gbp strength 70/30 what interest me is the fake bo south on Friday, it may be indication of direction, "if" she bo again, 20 sma then 38 fib, if they go 50fib and 8617 maybe on the cards with the view to further south, 85 00 is first extension, this maybe small payback to eu BS?? {image}Ignored