I'm not confident about a strong slump, may be it is time for a correction move to the upside
This is an old chart, that I've posted "last year" but there isn't much that changed.
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Disliked
I'm not confident about a strong slump, may be it is time for a correction move to the upside
This is an old chart, that I've posted "last year" but there isn't much that changed.Ignored
DislikedIf you are selling the GBP against the JPY you are helping the crisis to penetrate into Japan's economy by raising the costs of the exports. Shame on yourselves, how can you sleep at night ?Ignored
DislikedIts not the yen we target, its the gbp thats doing very bad. And for a real fx trader it doesn't make any difference if a country goes under; as long as we make money its ok.
The best traders make money whether an economy is going up or down. Its the beauty of fx trading.
OrcaIgnored
DislikedYES, it is a time, but not before we make a Touch Down.. lol
have a look my posts collected here:
http://doske.com/blog/index.php?op=D...yId=5&blogId=1
this is my view.. we are overdue with the retracement, but we are not on the bottom YET.. IMHO...
2 levels: 127.5-128.00 - probably by today, and 121-110 after some retracement..Ignored
Dislikedi really am wondering how everybody now got this book of williams since i did not introduce it publically and only to a few thankful peopleIgnored
DislikedDid everyone experience the same thing this site was not accessible for hours?
Glad it's back now .. kinda lonely trading aloneIgnored
Dislikedscrat 145 on the chart was market test (price went under support to probe for new sellers) .. but volume was very light.
This could be the bottom on the pound . However we need to see reaction to the test when major players come back next week
also plot rsi ..major bullish div on a treble bottom.
IMHO in order for new professional selling to take place price has to go higher.
That BB sure looks flat and has top 155 ... that would equate to 1000 pip in GU spot.Ignored
Dislikedi wonder ...
i had that book since i started trading, but never bother to read it until a couple of months ago, when you and malc mentioned vsa in this thread.Ignored
Dislikedi wonder ...
i had that book since i started trading, but never bother to read it until a couple of months ago, when you and malc mentioned vsa in this thread.Ignored
DislikedIt could be because its now a free download from tradethetruth.com.....
I wasn't interested until I read alot of things about volume on this thread. I am about halfway done reading it, wow I thought people talking about market manipulation were paranoid or just kidding around, very interesting reading.
Have a good weekend everyone!Ignored