DislikedHope so Gbd/Usd Will go inthe favour of buyers now...but lets see the impact of Important Usd Data......Ignored
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DislikedHope so Gbd/Usd Will go inthe favour of buyers now...but lets see the impact of Important Usd Data......Ignored
Disliked
Though I dont trade on closing session but i was very much expecting Cables to show some bullish mood & see it did ...Almost +43 Pips yet and hope so more is expected...
Usd/Chf , U/J & E/J seems effected much by the news as compare to cables......Ignored
Dislikedtrying another flag formation on gbp/usd h4.. is it correct? if not what'is the mistake??Ignored
DislikedGetting closer Due to the sideway markets I had to redraw flags to make them fit. Doubt we shall see much movements until Industrial Production in UK is released.Ignored
Dislikedalready got the entry and now -40pips.. hope the news will go to my direction.. 1 lesson.. not to get it if market too steady and no clear directionIgnored
Dislikedwe all newbie here.. that's why we all here. to learn... start posting your chart buddy..Ignored
DislikedOk i ll try...
just got my quick 15pips on CABLE: i entered after better-than-expected news on manifactury and industrial production and got out at a clear resistance zone 1,9720-1935
now we just have to see if resistance holds:
EDIT for now it seems to holdIgnored
DislikedYeah, stay out of ranging markets if you trade intraday. Also, placing trades before news is dangerous.Ignored
DislikedYeah, stay out of ranging markets if you trade intraday. Also, placing trades before news is dangerous.Ignored
DislikedWe're seeing first signs of upward action on 1h and 4h chart.
I'm not taking any trade before 4h chart have broken out of flag formation;Ignored
DislikedNice1 ! 1.9770-1.9800 area should provide us with strong resistance according to my charts. We're seeing first signs of upward action on 1h and 4h chart.
I'm not taking any trade before 4h chart have broken out of flag formation;Ignored
Dislikedi dont question your judgement, but i notice that:
1) static resistance zone 1,9720-35 held quite well so far...in fact on m15 there is a "book-like" bearish engulfing;
2) better-than-expected news on cable failed to trigger a strong move;
so i m not so sure about bullish bias on CABLE, but then again i m just a newbieIgnored
DislikedIt's a new point for me.. will keep in mind.. this lesson cost me -50pipsIgnored
DislikedLooking at the bigger picture I'm quite bearish but if I spot any good opposite trades I will take them.
As we speak, I'm looking at 4h chart to see where it closes. If price closes around this level (not inside flag) I would like .9800 area to be tested. Why .9800 ? Round number combined with descending triangle lower line on daily chart.Ignored
DislikedSo you re looking to catch a "pullback" move? Your analysis makes sense too me, but as i am a very cautious and fearful trader i prefer to stick with the main trend...and i totally agree with you that the bigger picture is bearish
by the way, good analysis indeed and lets see how price action plays out hereIgnored