But i expect price to move up on monday after retrace.
The friday low should not break
Intraday only.
2
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Disliked{quote} It's good to buy at support levels Georginson Having said that, I think we might travel a smidge lower next week before a real bounceIgnored
Disliked{quote} I don't still see 1.26 breaking in September. Yes we may break lower in October starting from Thursday next week.Ignored
Disliked{quote} I don't think it will break lower than 1.26- 1.2650, there is too much monthly support there. If this month closes below current low of 1.2675, I will reassess.Ignored
DislikedAs its the weekend i closed all positions Friday, so will wait until Monday but the plan is, if the blue swings really are a correction and the second red swing up is a retest then if there is a third red swing down i will take a short, normally i would wait for the pullback but Friday it was too strong a break of the old resistance not to grab some pips. I am no guru and have not managed to find a crystal ball as of yet and hate predictions as they are often wrong, prefer to be what i call a reactive trader which has given me much success over...Ignored
DislikedAs its the weekend i closed all positions Friday, so will wait until Monday but the plan is, if the blue swings really are a correction and the second red swing up is a retest then if there is a third red swing down i will take a short, normally i would wait for the pullback but Friday it was too strong a break of the old resistance not to grab some pips. I am no guru and have not managed to find a crystal ball as of yet and hate predictions as they are often wrong, prefer to be what i call a reactive trader which has given me much success over...Ignored
Disliked{quote} Its the opposite...we live in the easiest times humans ever had, I never understood why people always complain how bad they have it and how much better life was before...it wasn't, it just some kind of illusion some people live in. If people read some history, they would appreciate everything we have today and everything we take for granted.Ignored
DislikedI prefer a world were wealth is spread to most of the people and not for few.Ignored
Disliked{quote} World never was like that and never ever will be. People are greedy by nature and they always change when they are in power, maybe its somewhere in our DNA, for survival of our species. Anyway, in the morning, when you wake up, you don't worry if you will be still alive at night...for most of our history, that was a normal fear. We worry about so much bullshit that the past generations would die laughing if we started telling them of our "problems".Ignored
Disliked{quote} World never was like that and never ever will be. People are greedy by nature and they always change when they are in power, maybe its somewhere in our DNA, for survival of our species. Anyway, in the morning, when you wake up, you don't worry if you will be still alive at night...for most of our history, that was a normal fear. We worry about so much bullshit that the past generations would die laughing if we started telling them of our "problems".Ignored
Disliked{quote} World never was like that and never ever will be. People are greedy by nature and they always change when they are in power, maybe its somewhere in our DNA, for survival of our species. Anyway, in the morning, when you wake up, you don't worry if you will be still alive at night...for most of our history, that was a normal fear. We worry about so much bullshit that the past generations would die laughing if we started telling them of our "problems".Ignored
Dislikedok let me give something significantly higher than a weekly to add to the statement - you can't change a monthly path easy - The 3 week which just closed. Weekly has a free space star off the top, after shaven a bullish push. 3 week has printed bear ,is under a major pivot.It's a 500 pip healthy no buyer candle. So a monthly represents Any- actual data from the entire month added together and summed up . +all the past to date of known fundamental- international and specific currency domestic.{including leaks of information to date} +all the best...Ignored
Disliked{quote} Hi Bones, this is very good and logical analysis. In short, it's all ok mate. I myself, do not need to plan in advance what I will do by predicting this monthly candle. I will just respond to what plays out, reacting to PA as I see it unfold, and that is all I do sense, from your repeated posts, you are not happy until we all agree with your analysis. If I'm wrong here, please let me know. Just bear in mind what happened in August. Sometimes we are right, sometimes we are wrong, it happens to each of us. {image} {image} {image}Ignored