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Dislikedi belive that will hit the upper TL with 1500 and resistant .(strong signal)
edit:
i love this thread not too much chrismas tree and babysitting.will be very regular.
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Dislikedprice staled at the major TL.gatherd momentum now its breaking .
if it fails there it will slide very quick.Ignored
DislikedGU profile shows a small ledge at 5016 from yesterdays profile...if we trade above 1.50 then that would be a possible reversal area.
Ledge also at 4938 on todays profile....expect a bounce around there.
5 min pinbar formed..
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Disliked"Morning All "
Hi Tau,
Thanks for sharing your charts and trading system. It is kind of you to share this indicator with rest of the members on the thread as I know alot of work has gone in behind developing it. You seem to have achieved steady results over the last 10 days so well done again. Hopefully others can use this indicator with the same discipline you do and achieve similar results.
[color=black][font=Verdana]Going onto GU like a few others...Ignored
DislikedGood day to you,
It is the least I can do... happy that it's allowed.
I just made work with a lot of bits and pieces from great programmers. I, myself - pretty useless when it comes to that.
I wanted to get to a setup that may, at times, be leading me to better probability. I seriously respect the skills of all traders here. Naked charts will kill me. I am not that good - yet.
GU - I need to be extremely careful not to get sucked into a bias of shorting. Keep an open mind... my charts however tells me this is a retrace. This may, off course,...Ignored
DislikedHi Calderone,
Nice clear chart mate....5017/40 is where the top of the right shoulder should be forming on the 4 hrly...so I will be keeping a close eye on PA around here....I dont expect us to turn imediately given the high TF levels we are looking at. One thing is for sure there will be plenty of chop around this area until NFP's are done and the shoulder is formed....if at all..
Hope all is well back in the US.
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Dislikedupdate.
did take a long when saw lots of volume at that level.
lovely tradeIgnored
DislikedGlad I wasn't swayed by other threads and stayed with my tp at 1.4880. It would have been a disaster to return to this evening after being out all day.
Well done to those that were at the screen for the turn.
Right, perhaps that 1.54 region I spoke of previously may now be on - I guess it all depends on tomorrow's NFP numbers... which if as bad as the Pending Home Sales for the US, could well see Cable pumping. Anyone else think that the housing numbers were already known?
My favourite pic - the beast watches closely.Ignored
DislikedWith the aforementioned, I suspect that the Dollar would like to see a weak Euro and Yen, and strong Pound. It is better for exports, keeps the East in their place, and allows the Dollar a place of central control over the markets – London, a place that they can control, as opposed to those pesky Continentals with their grand designs of financial autonomy.Ignored