..but do not forget current market price position, we are close to the bracket low and if there is not continuation (that I hope)... a bounce is possible
Ubi maior minor cessat
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Disliked..but do not forget current market price position, we are close to the bracket low and if there is not continuation (that I hope)... a bounce is possible {image}Ignored
Disliked{quote} you went short at Sydney poor high: you brave guy! Compliments for your success!Ignored
Disliked{quote} Well your more of an ace than I .. But yes i waited for the up yesterday to hit 133 then placed the position when it started coming back down. Pretty much told me all i needed to know. Good to see your catching those pips too ..Ignored
DislikedGBPUSD drops below trend-line support, recalls 1.3085-90 area. {image}Ignored
DislikedpreUS bounce looks failed by now (not enough strenght upwards) and we have a poor low. Even if I do not like that 13150 round number tag: carry this information forward. For continuation we want to see next activity below gb session low at 131265.Ignored
DislikedWe are going to open the pit session with something like 100 pips of gap down. It's a very difficult situation. Because generally the rule is to go in the direction of the gap unless it is retraced quikly. But price position is right at the base of the bracket and we have numerous very weak refs above like 13150, 13200 and so on. Let's see if market will give us some more info.Ignored
Disliked{quote} {quote} So we have an info: it went up, removed the first weak ref at 13150 and went down again. Will it be able to go down to 13104 or it will attempt again up, to close more of the gap down?Ignored
Disliked{quote} 13104 tagged at the pip. It's now weak. But I still do not like this market at all.Ignored
Disliked{quote} now 13128 is weak as half back of current pit session. The pit gap down is resisting. Price is still up and down pit bracket low at 131186: very bad situation.Ignored
Disliked{quote} removed but only to establish a new weak level at 13140 (pit open price). Now B period (m30) is inside A period. If it remains like that C period could attempt a break up or down. In this case I will try to go with that break ( if any). Note that pit session tested below overnight low at 13109 and failed by now.Ignored
Disliked{quote} what is pit? Do you have chart for refer? Not understand your studyIgnored
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