DislikedWow, good call for me on getting out in time!
Anyway, what is your take on the possible outcome of the rate left unchanged?Ignored
Patience + Humility + Study = Success
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DislikedWow, good call for me on getting out in time!
Anyway, what is your take on the possible outcome of the rate left unchanged?Ignored
DislikedHey MPP,
Do you use pivot points? My platform has an indicator which calculates that for me.I also use fibo retracement.Ignored
DislikedI see a spike especially if they're hawkish, then a drop as there is still some uncertainty in the markets.Ignored
DislikedHi DT
I use Fib's and i'm on MT4, I also have about 6 variations on Pivot points, so how do you use them as S&R's then, I get how they show S&R's based on actual highs and lows, but i was more interested in other ways of calculationg S&R's, you know the point at which a pair struggles to break through.Ignored
DislikedI still think people don't beleive that the US can be this weak and are resisting the buy position, we had this before around the 80 and then the 90 area.Ignored
DislikedI still think people don't beleive that the US can be this weak and are resisting the buy position, we had this before around the 80 and then the 90 area.Ignored
DislikedMy forecast is a spike up to 9373 then a drop, UNLESS the RBA clearly states they're hiking again because the market's priced in two hikes(this one inclusive).Ignored
Dislikedattached now.. sorry about the previous one.. also just to clarify the formation is a gartley not a butterfly (bearish) ...
to me it seems like an inital spike upwards then a doward movement; although if the inital spike were to be on the down side then perhaps a further upward movement could be expected.. all depends on the initial reaction (i think )Ignored
Disliked9333 is the 1st weekly pivot based resistance level i have one order at that level to short (no sl yet)... if the spike however raises further, ill wait for a confirmation and dollar cost my short.. lets see how things play out..
thanks for sharing and goodluck!Ignored
DislikedFor me it's more of the case of being uncomfortable with not being able to hedge against adverse market moves when trading FX - unlike equity options, for instance. I realize that proper money management is important, but that's an orthogonal issue to a trading strategy.Ignored
DislikedLooks like we're going to steadily move towards 9350 by the announcementIgnored
DislikedLooks like the promised spike is a lot more conservative than predicted by some of you.Ignored
Dislikedfxpredator,
107.80 is the weekly next level, on the daily 106.87 is next.Ignored