DislikedAnyone watching gu, way too oversold, strength in the background as well
30m also @ strong demand levelIgnored
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DislikedAnyone watching gu, way too oversold, strength in the background as well
30m also @ strong demand levelIgnored
DislikedIMHO we aren't stopping until at least 6200... not personally seeing much strength ATM also just a little over an hour until London goes home. May see a retrace move up leading into or just after that but ATM not very sure.Ignored
DislikedNow that 5min squat followed by a SO might give some hints of strength... would need a trigger candle, NS or test though to get in... still not sure how much up move we could see from here.Ignored
DislikedIt's actually a bit messed up... the 5 yellow lines from left to right.
1. Buyers?
2. ND
3. Squat type bar on increase in vol with no spread to match unable to make a new low
4. SO
5. NS of sorts closing on it's low
Might see a retrace from here but the set-up is too messy for my liking.Ignored
Dislikedmany thanks pres78, ur charts and explaination are very clear.
thanks again
Ignored
DislikedDefinately seems to have found some support though as we had another tiny spread, high vol 5 min downbar (squat) that just printed still with no result and no lower low or lower close.Ignored
DislikedJust been talking about this with Malc. Look at the 2 hour, we are at a support level. We need to see what happens from here. Also look at the volume (or lack of) on the upmove to 1.63.
I'm still short term bearish.Ignored
DislikedEU daily volume looks very high already. Look at the candle. It's so small. Any ideas experienced traders?Ignored
Dislikedlast 10 min highest volume of day ....
will be looking for sells under the trend cluster under the low of that bar 1317 area , stop 1321 , tp maybe 1300
AttachmentIgnored
DislikedES gave me an even better entry this morning , much thanks to DR geppy talking me thru the pre market action today while i was in the gym . We nailed it 1325. still inIgnored
DislikedJust been talking about this with Malc. Look at the 2 hour, we are at a support level. We need to see what happens from here. Also look at the volume (or lack of) on the upmove to 1.63.
I'm still short term bearish.Ignored
DislikedES gave me an even better entry this morning , much thanks to DR geppy talking me thru the pre market action today while i was in the gym . We nailed it 1325. still inIgnored
DislikedI'm not one of the experienced guys but if you'll let me throw my tuppence worth in. Look at the volume on the 8 hour - not much selling here. We need to see what the US session brings but I'm not convinced we're anywhere near EORM.Ignored
Dislikedsteve as we spoke baout on weekend and today looks like distribution to me. I am in a sell 1.6290 , holding for 6150 , stopped out last night for -30 pip on 1st attemptIgnored