let them be bulish, im long term bulish on eur & gbp, till may, as long as 1.955 & 1.2820 holds & as long as the never ending war is not over.
its just money
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Dislikedmy oppinion is that the news will complete the H&S formed on 1h.
So my target will be 1.9600Ignored
DislikedGood morning Everyone,
The 1.9454 to 1.9705 "short" Fib on the 1 hour appears to be a relevant Fib from yesterday and overnight. The price retraced to and pierced the 38.2% line and has since bounced north above the 23.6% line. Over the past 6 hours we have seen a few shooting stars and currently the 1 hour candle, although not locked, is forming a hanging man. Cesarnc, some other traders and myself have noticed a particular phenomenon with the GPB/USD where it will retrace to the 38.2% line, then bounce up past the 23.6% line such as this then head on down to the lower Fib lines, with a bias to the 61.8% line. I am not saying that this will be the case this time, but I am wondering if you have noticed this too?Ignored
DislikedGood morning wpbsyn,
No I haven't. I'm also running this "short" fib here, from 9486 to 9705. If this is the case, 61.8% fib would be around 9570s, is that correct?Ignored
DislikedThe 61.8% line on this 1 hour Fib from 1.9454 to 1.9705 is 1.9550. Do you have your 9486 to 9705 Fib on the 1 hour and if so, can you give me the specific candle that you are starting with at 9486? I had asked you about platforms yesteday, I am using GFT also.Ignored
DislikedWatching the market yesterday and today reminds me of watching a drunk try to walk down the street.Ignored
DislikedMy woman's intuition tells me this thing will go down from here for a while, my technical analysis says it doesn't have a clue~! I for one, hope that my intuition is in good working order today.Ignored
DislikedI'm using Jan 12 13:00 GMT. Open 9486... 9622 and 9696 fib acted accordingly, but we failed breaking 9606 down, as Monarch was pointing as an important milestone to resume downwards.
I could have used Jan 11 12:00 GMT, but the movements until the day after looks retracement from this spike up...
Now, what do you see from this actual 9675? I am being drained of my bearish-week sentiment here... Turning to "get out of the desk and have a beer untill Monday" sentiment... Frustrating...Ignored
DislikedWhat is your SL? I'm looking for a window here to jump in... at least to catch retracement...
News in 2 min...Ignored