Cable Update (GBPUSD)
I respectfully disagree, I think that after such an aggressive move like what we have seen today, it rarely just bounces back.
Go back and look at cable, the week beginning October 19th for an example.
I'm not saying that I think it won't retrace at all, but I think todays move is a good indication of the overall renewed bearish sentiment, and I wouldn't be suprised if todays move has set the direction for the rest of the week.
On the otherhand, it could easily retace 100 pips, if that's what you are looking for.
We shall have to wait and...
come on aboard my friend, there's plenty of room!
welldone on catching it..
h1 closed as an inside bar... so it can go either way... but based on the price action when we tested the low, i'll hold on to my long.... if I get stopped out, I'll be 2 pips richer...
Lunch time...
Good for you ! She goes close to M15/21
hopefull it will lead to a pin on 4hr then i shall look to buy if she falls a bit....or maybe just wait for her to rise to be safe..
Today maybe I won't trade more, just watch, learn the price action, especially about ema strategy used by the twin brother, infinity and eohater.
I'm calling it a day also...
Too much fun for me...
Thank you so much. That works a treat
am long 1.4879 tp 1.4955 wish me well
h1 closed as an inside bar... so it can go either way... but based on the price action when we tested the low, i'll hold on to my long.... if I get stopped out, I'll be 2 pips richer...
Lunch time...
I just closed my long scalp for 85 pips.. it could still go higher but I am satisfied with the day's haul....435 pips in total....
I will look for a short higher up because the weekly chart says so...
I just closed my long scalp for 85 pips.. it could still go higher but I am satisfied with the day's haul....435 pips in total....
I will look for a short higher up because the weekly chart says so...
