i got my +20pips for the day .. using the frankfurt range today ... interesting eh?
any comments guys?
any comments guys?
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Quoting VyNNeRDislikedi got my +20pips for the day .. using the frankfurt range today ... interesting eh?
any comments guys?Ignored
Quoting fxkennyDislikedI am still short GBP/USD and don't see any reason to doubt the decision. Break under 9545 was significant. My take on the China article is total bunk. No confirmations from any reliable sources. This pops up periodically. Definitely need to take it with a very large grain of salt !!Ignored
Quoting parlenkDislikedYap,
Just secure pips and pips.Ignored
Quoting Mama007DislikedVyNNer Did you go short when it broke the bottom of the franfurr rangeIgnored
Quoting barakahDislikedken, what's your new hi and lo, if any?Ignored
Quoting fxkennyDislikedLooks like we will re-test 9545/50. I still expect it to continue down from here. Like I said earlier, the holiday markets are a little harder to read.Ignored
Quoting mmccormacDislikedOne thing to consider... Did you notice that the EUR/USD is not falling with the GBP/USD? It's being supported due to comments from Iran saying they will be converting most of their USD assets into Euro's. This could limit downside scope on the GBP/USD as well. Just FYI. I know that Iran has said this kind of stuff before but it is reported that the order has been given to the Central Bank already so we'll have to see what happens. Another factor to consider is that the US Current Account will most likely suck. The major trend is still down but given that there is low volume in the markets from being the last 2 weeks of the year anything can happen.Ignored
Quoting katzenhai2DislikedI expect a little more down move (Wave 5 on M5), then a sharp retrace and on NY Session a stronger GBP. I see it this way: The big boys searching for a better buy point.Ignored
Quoting Mama007DislikedHow far do you or think cable will go down?Ignored
Quoting Mama007DislikedHow far do you or think cable will go down?Ignored
Quoting mmccormacDislikedThe Bull run from 11/17-12/1 is a good place to find strong S/R levels. If you put a Fib on that the 38.2% level is around 9460. That would be the lowest I see it going during London (if that low). Plus the drop from Friday gave us a low of 9497... If it can't hold below that level then that would also be a sign of a turn. Price action will tell the story and use candle formations for better turning points.Ignored