DislikedHow it closes is what really counts!
The spike to me was a last gasp and stop loss triggering. . . Nonetheless less than 2 hours before she closes. . .Ignored
Low volume and a last gasp trying to get the S&P above yearly resistance
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DislikedHow it closes is what really counts!
The spike to me was a last gasp and stop loss triggering. . . Nonetheless less than 2 hours before she closes. . .Ignored
Dislikedim gonna trade what i see instead of what i THINK it should be doing....Ignored
DislikedHere's what my charts tell me.:nerd:
GBP/USD Entered into new downtrend. Targets 1.6, 1.55, 1.50 and below.
GBP/JPY Weekly: Broke Lower trend line on up trend, subsequent retest and failure to break above, and will now fall from this area. Targets 150, 142, 137 and below.Ignored
DislikedHowzit Donfriday! haven't followed the thread for a few weeks... how are you?
Did you close your earlier short at 153,79 (i think)?Ignored
DislikedI disagree.
Perception of Price is determined individually. My perception is the Sheeple dribble the usual spurn and repeatable "quotes" whilst failing to see the real moves.
For instance, whilst I write, I see the Price is dropping on GBP/USD, triggering my Limit Sell. Bias and news is of no consequence, all that matters is profit, not quotes from the forex bible of uttered proverbs. BUT, bias and news provide the turning points and large moves due to PREVIOUS accumulation/distribution.
Charts are a line drawn in history,...Ignored
DislikedOverall daily TL was broken and drop to the 147.00 zone before reversal. If the PB continues to 157.00 daily LTL and hold than another possible reversal PA attempt toward the 147.00 for the third time to test the 147.00 zone.
If this wedge holds throughout the week, than consolidation is what the market is setting for a major breakout the end of the month..
Good Luck
IMHO
Trade your charts..Ignored
DislikedAppreciate your posts this past week...
Patience is the key for this sluggish PA..
Ignored
DislikedThanks..I have learned a lot of things from you Guys... Gotta return some back to all..
Lets see what kinda CIRCUS this coming week will bring.
By the way what platform you use for trading??Ignored