GBPUSD
Price seems to be doing a probable bearish bat on H1 time frame.
XA leg from yesterday's high to low.
Price seems to be doing a probable bearish bat on H1 time frame.
XA leg from yesterday's high to low.
1
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DislikedMe and FX have always had a topsy turvy kinda relationship. Over the years, I've learned that it's always a blessing and an investment to be a giver of the little resources I earn every now and then. One person I cultivated a relationship with is some lady who owns a restaurant and provisions store around the corner. In fact my initial encounter with her was hostile and I swore never to buy shit from her business ever again. But over the years we bonded and she became a friend and mother to me. During the peak of pandemic lockdowns, FX hit me hard...Ignored
Disliked{quote} I often thingk something like this too Yelena. If someone is going Sell when price reaches a pre-determined price, then why not Buy it until it gets there? Why wait and watch it get there and not make money on the way up to the chosen level? There must be a reason, but I can not see it Ignored
Disliked{quote} I often thingk something like this too Yelena. If someone is going Sell when price reaches a pre-determined price, then why not Buy it until it gets there? Why wait and watch it get there and not make money on the way up to the chosen level? There must be a reason, but I can not see itIgnored
DislikedGU H4 , Short taken from 1.24000 area , Sl : 10-15pip , Trade Safe everyone. Have a blissful conscious day{image}
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Disliked{quote} QUESTION, if we are expecting for price to reach XX price today, then why don't we buy on every CONFIRMED dip from sma50 or ema10? esp if both MA's are doing HH's and HL's + the momentum of each market open. wouldn't it be a lost opportunity? i mean, we have time, 2 hrs 45 mins til the GU red news. just TP 100, SL to BE right away. you know... go with the flow of the market??? {image}Ignored
Disliked{quote} Simple reason for that is there are still few doubts about such level and that will make the trader to rather stay back. Forex is a game of possibilities and plethora of events which will make even the most astute trader to have some doubts. Nothing is certain in forex, one breaking News can change the direction and the rest is history. Remember it's a global market where many geniuses around the world is playing to earn a living, so it's not going to be easy to erase some doubts.Ignored
DislikedGU is unclear at the 15min. so no trade for me. the other major pairs like eu have taken off against USD. Shorting UJ. Yen has been weak since last Friday, hopefully can put on some defense today to bring UJ down. USD is still weak, confirmed by eur and other majors. Technical side, we have seen some structure break to the lower side at shorter TF. {image}Ignored
DislikedTechnical Analysis D1 GU {image} last week we've seen kumo support as highlighted in green. Thursday's candle closed above Kijun sen (blue line) presenting a cautious opportunity to go long (keeping tight Risk). there is a bullish trend but am expecting some sideways action this week as long as there is no bullish confirmation from Tenkan Sen (red) crossing Kijun sen to topside. Still some space up for RSIIgnored
DislikedI have a Sell on UJ....yes...in the Uncle Frankie session again!! {image}Ignored
Disliked{quote} I agree completely. So why then would anyone announce that they are going to Buy or Sell when price reaches a pre-determined level? It sounds like they are certain that it's going to get there. If so certain, they Buy (or Sell) it on the way. If not certain, and no one can be, as you said, why announce it at all? I don't see the point? Perhaps they mean 'I will Sell *if* the price gets to my pre-determined level'?Ignored