Looks to me that todays R1 is strong.
5M tf.
What do you think ?
5M tf.
What do you think ?
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Dislikedbro i am just here my views here not recommendingany trades..
yes i am bearish
i will post my daily trade setups with charts..
just to share my views.
and sorry for late reply i was busy trading as i said before i was short and just clsoed my shorts..
no one know what boe minutes will bring us it may bring us surprize up or down but iam done here wiht gbp today...Ignored
DislikedSooooooooo,
Are the gods with me? They saved a stop from happening (2 pips away). I would be happy with BE on this small one. Even (-0.5%) would be better than the full 1%.
QueIgnored
Dislikedthe 150EMA on the 4hr might save us....stick with it buddy we have a chance till spotted out....fibo retrace hi- low 50% reached and resistance, thou not massive the 4hr closing above the ema wont be to easy
diverence there as wellIgnored
Dislikedthe 150EMA on the 4hr might save us....stick with it buddy we have a chance till spotted out....fibo retrace hi- low 50% reached and resistance, thou not massive the 4hr closing above the ema wont be to easy
diverence there as wellIgnored
DislikedIt would be nice if someone sold now... anyone got goldman's or UBS's number?Ignored
QuoteDislikedI have no plans of manually closing this trade. it would save me less than 0.2% if I manually closed it. May as well suck it up and stick to my original decision and let iit ride out now...
DislikedHere is my take.
Trading is a three legged beast; Money Management, Psychology, and some form of trading System. I would say it breaks down to 40% Money Management, 40% Psychology, and 20% System.
Many new people want to jump right in and use fast charts without developing important skills first. I do not know a single trader who is consistently profitable that believes day trading is unproductive. However, you must have the required skills prior to attempting to day trade.
Day trading pushes the limits of most peoples Money Management and...Ignored
DislikedAnticipating a test of d-r1 at 1.645 (also the 4 hr 40 ma) and then a pop down. but what do I know. I shorted into that daily pivot and took a few pennies but missed that move up.Ignored
DislikedClearly no resting orders at top of this potential sbr zone on 4hr/50% 7044-6111 sufficient to take price down...Will the bears come for it now? or have the bulls got it? The 4hr hidden divergence pattern has to fail for the bulls to have it.
As always time will tell...
G/L
http://i37.tinypic.com/2dblcw1.gifIgnored
Dislikedi will kill myself if i manual close a trade once openedfrom now on, the pain of seeing go where i wanted after is worse....
Ignored
Dislikedphow!!! .....we back!!
spinning top will do nicely...a close below 1.64 and my ass is back!! (4hr)Ignored
DislikedThanks Que. I agree...personnally I am aiming to achieve 5-10% a month. I used to think the wrong way round...like so many newbies...where I used to see how much capital I have and then work backwards to figure how much money/percentage I should be earning...BIG MISTAKE!...and I learned the hard way having lost 80% of my account. If you are undercapitalised...don't worry, still aim for a modest/realistic amount without risking stupid amounts...if you want unfavourable odds...you should go to a casino. Like someone said...this is a business and you...Ignored