2nd H4 RSF might bounce ..
Break this will aim 1abcd
Break this will aim 1abcd
Peace Yo!
1
Cable Update - Continued 102 replies
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DislikedAfter the tug of war at 2100... Safe to say the BEARS have won that battle. For nowIgnored
Disliked{quote} I'm astounded as to how it's even possible to see through all this Geeezz kudos to youIgnored
DislikedSo, here's a thought, just in case any of you widely knowledgeable folks might wanna chip in to help clarify: I assume we all know how the market deals with gaps. I know I read once - and experienced it hundreds of times - that the markets will move to close gaps 99% of the time. Cool. Now, over the weekend, my broker closed shop 3hrs prior to official market close, and only re-opened 10hrs ago. Whilst my own broker (and I assume most of your brokers too) disabled trades, I know for a fact that the markets kept working. I closely followed Bloomberg...Ignored
Disliked{quote} I guess we might be headed to close mentioned gap, after allIgnored
DislikedAfter the tug of war at 2100... Safe to say the BEARS have won that battle. For nowIgnored
DislikedSo, here's a thought, just in case any of you widely knowledgeable folks might wanna chip in to help clarify: I assume we all know how the market deals with gaps. I know I read once - and experienced it hundreds of times - that the markets will move to close gaps 99% of the time. Cool. Now, over the weekend, my broker closed shop 3hrs prior to official market close, and only re-opened 10hrs ago. Whilst my own broker (and I assume most of your brokers too) disabled trades, I know for a fact that the markets kept working. I closely followed Bloomberg...Ignored
DislikedUSDCHF vs GBPUSD The rise in the pound-dollar seemed to be due to the dollar falling, not the pound being bought. The daily bar of the GBPUSD H4 chart was below CandleLow, but it has recovered a little, but it is in a downtrend. If you have a different opinion, please guide me. {image}{image}Ignored
Disliked{quote} Whether a gap closes or not is not of much importance for me. I see that H1 is on a pullback in a larger up swing, with M15 expected to make a rally to be sold that takes H1 further down.Ignored
Disliked{quote} Well I would say if you are into gaps you should take a sample of gaps on historical chart timeframe upon you Basically they are visible on smaller timeframes Test it out and see whether it moves that way as you say and closes gap always If so for a period of 6 months so I can say and if its happening you should try it on a small Live Account If it works going forward you can devise a plan based on it Try to TP Distance always more And your account might keep growingIgnored