Will be working on this come weekend
Again, thank you
1
Cable Update - Continued 102 replies
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Disliked{quote} Fair enough, bro; however, we do have a bear setup on H1. I'm just going with the flow until something else comes up. I have a buy setup on EG, and if they are negatively correlated, Gu should crash soon. Let's see how it ends up since I am just speculating.Ignored
DislikedDecent retrace from 119.. nearly 40 pips let’s see how far it can goIgnored
Disliked{quote} Still have the 15min intact, slight dip but no confirmation, 46 bars back showed similar traitsDIgnored
Disliked{quote} how do you interpret the news, mostly is it positive to USD? Powel and NFP will give Dxy further push higher. {image}Ignored
Disliked{quote} They have negative correlation only part of the time. That is another reason that you get a better take on the situation if you look at EG, GU, and EU all together. However, if you are especially interested in trading GU, then stronger bias is obtained when you use GU, EG, EU, GJ, and UJ. Look for GU to match the direction of EU and GJ while UJ and EG are in the opposite direction.Ignored
Disliked{quote} I have to agree with this because I am just staring at my EG trade and I am like, "WTH?" GU has made a reasonable drop, and EG is just ranging. Well, I have always had difficulties with correlations because my observations show a lot of inconsistencies between them. I think I will just disregard the correlation for good. Thanks for your 2 cents broIgnored
Disliked1.20159, a close above could be continuation, how I see it, a flurry on the 15min seems more of a pullback, course news could scupper any best laid plans, DIgnored
Disliked{quote} If price is stopping about where it is now on M15, then you need to see how M5 looks after M15 makes at least a 3-bar swing high.Ignored
Dislikedlooks like the pair is taking profits for some of you who thought it would go down even more. lol. always lock in profitsIgnored
Disliked{quote} Wise words thanks would say any imminent news may skew the chart, walk down walk up, you see something similar, DIgnored