there should be a rise, positive divergence is seen in r.s.i 4h chart.
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Dislikedactually it seems as if though it might take a fairly large turn down again if the 4 hour candle closes below, say, 1.9474. Good luck trading everybodyIgnored
DislikedSunday and market is now open for business ...
All that worrying for nothing, useless posts showing price here and there over the weekend, my feed is better then yours etc ...
GBP/USD Bid 1.9498/1.9501 Ask
Get those E/U and G/U shorts in, the short train is about to leave the station.Ignored
DislikedHey pipple
Hope you caught some of that short ... There is more to come
This isn't my thread so I won't clog it up anymore ... My charts are showing at least 1 more drop to low 9400's then if 9390 breaks we are heading for 9300 and below.
FxastroIgnored
DislikedHi Monarch,
This was posted elsewhere last night so I will use the same chart to save me time. The chart still valid until the stop is taken out ...
By adding on rallies, I use a 15 pip formula (add every 15 pips or at fib levels as enzo mentioned). So, for this chart entries would be at 9465, 9480 and 9495 then stop at 9505 bid. I caught this whole cable down move using this technique and I still have 1 short from 9702 and a gbp/jpy short from 238.54.
Cable has since printed 9502, if the stop gets taken so be it, stops are there to protect you from yourself. Lets see how this wave goes.
Good trading.Ignored