I'm flat but prepared
this is M15 area of chart i posted before
( http://www.forexfactory.com/showpost...stcount=116384 )
this is M15 area of chart i posted before
( http://www.forexfactory.com/showpost...stcount=116384 )
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Dislikedwell Im still long from 1.4222......
15 min chart still looking bullish... 1 hour chart coming around tooIgnored
DislikedI am waiting if it going to reach 1.4175 hope it will be the bottom for tonight and as far as longs let see if we make it to 1.4333 then will talk about rallyIgnored
Dislikedi dont know that the moves are always going to be as powerful as we may have seen yesterday ... ?Ignored
DislikedAllow me to share with you this is an excerpts from informa:
The GBP/USD reached the day's low of 1.4071 during the European session as the release of Nationwide house prices which showed a decline of 16.6% y/y provided further evidence that the deterioration in the UK housing sector has not let up with still more pain to come over coming months. BOE Blanchflower said that the UK economy may face a recession worse than that of the one in the 1980's and that the Bank Rate needs to be cut "further and quickly". [b]However, his cautioned...Ignored
DislikedI truly enjoy and benefit from reading this thread..quick question for EO and/ or Infinity...the sma you use, are they simple MA or smoothed MA?
Thank you for all you contribute here for the benefit of others...Ignored
DislikedAllow me to share with you this is an excerpts from informa:
The GBP/USD reached the day's low of 1.4071 during the European session as the release of Nationwide house prices which showed a decline of 16.6% y/y provided further evidence that the deterioration in the UK housing sector has not let up with still more pain to come over coming months. BOE Blanchflower said that the UK economy may face a recession worse than that of the one in the 1980's and that the Bank Rate needs to be cut "further and quickly". [b]However, his cautioned...Ignored
Dislikedstill looking to buy coz the GDP usa worst, very very bad.
but can it make higher high?Ignored
DislikedWe use simple and exponential ma's. Currently the 1h 62ema is holding her pants up. This is will be a battle to get through here. Positions currently open need to be protected and new entries need to be clean setups.
Trade well!
EOIgnored
DislikedThe house prices decline figures are not as accurate as one is lead to believe. Sure there are areas where house prices were over inflated and are now coming back to the level they should be at. There is also a massive shortage of houses in the UK demand far out strips supply, this and the fact that banks are refusing to lend to anybody at the moment I believe is making the situation a lot worse than what is.Ignored