Market structure has turned bearish
4
Cable Update - Continued 102 replies
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Disliked{quote} Hi Bro. thanks for sharing real time trades taken. I just punch in LONG position. This chart represt my thought process in taking those trades. I wonder if you could share the creteeria in considering taking short. I've missed something during my analysis in taking LONG. Thanks for sharing. PAT {image} {image}Ignored
DislikedMy thoughts H4, GU, the trend is still up, but may need room for adjustment, oscillator stoch has a good effect in the early stage and can assist us to trade. But NFP data may spoil it all. {image}Ignored
Disliked{quote} EU Hi Kareem, I've decisded to closed this long position, as seeing there's another lower test in progress. All position in the trade taken by averaging up to avoid greater losses. Another short trade in consideration now. Thanks & trade well {image}Ignored
DislikedLooking for a long set-up now, but will be putting more of my efforts into CAD on news at 1.30. This will provide more opportunities today. There should be resistance at around 1.2454 that I will use for the upward movement and will add to this if 1.2464 breaks {image}Ignored
Disliked{quote} first short closed in puny profit I'll let the rest run with 20pips slIgnored
Disliked{quote} H4 shows that we're in a bullish channel upwards. However current 1.252 seems to be the top for now based on the channel. We should see a short term sell to at least 1.24 area before a bounce. Of course I could be wrong and then there's upcoming NFP data {image}Ignored
Disliked{quote} Sorry bud not answering quicker had to get a long on. Yes I like to use BB, the different timeframes react differently to each setting. The 5 min like to stay in the 5, 2 BB.Ignored