Another roller coaster day at one point dragging the account down by -2.5%. However a good recovery made in the US session bringing the weekly loss to -0.4%
All to play for in the next 2 days.
All to play for in the next 2 days.
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Disliked{quote} Parisboy Can you please start your own thread with your posts and photos. I am sure your method works , so please start your own thread and post your photos there. I am sure you will have many subscribers. I have been a follower of the Cable swing thread for the past 3 years and most people who come here respect this thread and learn a lot from Alan's teachings. This will help traders who like the Cable swing method focus on what Alan is teaching us on this thread.Ignored
Disliked{quote} Dear Master, At red point B: you short because of bear RSI div on M1, bear RSI div on M5, hook figure and market at EMA 30 as resistence. Are there any other reasons to short at B ? I have some questions: 1. why you don't short at A with bear regular div 2. And on M5 it seem we don't have bear RSI div {image}Ignored
DislikedWell that big spike took me by surprise. Too quick to get my SL moved and then went and took my SL out. Dam UK government stepping in to buy Bonds to stabilize the markets.Ignored
Disliked{quote} Seriously do I have to take into account the opinion of a groupie who post 1 message per month ? you are grotesqueIgnored
DislikedSo whats the analysis on GU for our trading time (Frankfurt open). Daily Chart trying to stop the average going any lower. Bear support only H4 is above the EMA and trying to get higher. We have Bull support. H1 is above the EMA and trying to get higher. We have Bull support. Price currently ranging on a ABCD 50% level. M15 we have Bull support. On the M5 we have an ABCD triangle and tight range. Bull and bear support yet to be maintained. So my bias is long for now and awaiting to see what happens at market open. It could go either way.Ignored
DislikedWhat a day. I too missed the big 120 pip run up caused by the chancellor doing a u turn on the mini budget done only 10 days ago which caused the pound to crash last week. I then spent much of the day trying some long trades on the M5 ending up with -1% on the account. Then the bad US news popped along and pushed the pound up 100 pips to the daily EMA which I also missed. Maybe tomorrow will be different. {image}Ignored