morning traders.
asia tonight will tell if we go to 1.628 first and then 1.618
we have between 16-28 hours for this
asia tonight will tell if we go to 1.628 first and then 1.618
we have between 16-28 hours for this
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Dislikedhi to all.
i have went in for a sell now on the gu as it is dropping got in at 1.6451.
hopefully make 40 points . what do you think?Ignored
DislikedGood day to you too
That is more or less exactly how I trade.. the new channel the GU is trying to make thus far is going from 6426 to 6596 area
in a perfect world I would be able to watch price action when the 6426 is tested and play the bounce in real time. But its not guaranteed ill be around when this happens so I must use a little larger SL than I would typically
Fundamentally both Britain and the US are in dire straits but the USD is facing the very real threat of losing its status as a reserve currency as well as the possibility of...Ignored
DislikedDOH!!!
Im not looking to short this pair until we get a retest of the 6596 level
who knows though? this week may be extremely volitle cause of bennys speech wednesdayIgnored
QuoteDislikedWe are still in an uptrend scenario on GU and this has not changed for me. Although weak. I did expect a slightly higher run up yesterday than the 1.6542.
I expect another pullback up to come. Can be in the area we are now or slightly lower. Not sure. I am looking to sell - but not from here. Currently looking @ 1.6540-1.6550 region. I may attempt a long from 1.6430 - 1.6420 if all alligned still.
All the best
DislikedI'm gonna be selling around 1.652 level
TP 1 1.647 tp 2 1.643 tp3 1.639X
and later we will go boom.I mean if we go under this level of 1.6380Ignored