Indian Guru Trading Majors

if 6627 breaks GU will topple a couple of hundred pips, we just need a 1 hour confirmation to begin the ride, 4 hour is already in line for shorts.

ummm what was i thinking ?

[7:41:03 AM] Preet Kanwaljit Singh ejected and banned bobster316 from this chat
[7:41:20 AM] Preet Kanwaljit Singh says: SLEEPING CROW EJECTED AND BANNED
[7:43:01 AM] Preet Kanwaljit Singh says: next on cards is guptabhk if he does not wake in 5 days, he is gone too

[7:35:05 AM] Preet Kanwaljit Singh says: post your views on GU movements, that way you will learn to trade it faster
[7:35:47 AM] FreddyFX says: thanks, will do
[7:36:04 AM] Preet Kanwaljit Singh says: the idea behind this chat room is to give a crash course in trading forex, and if you do not participate in the discussions then the basic idea fails
[7:36:49 AM] FreddyFX says: got you
[7:37:03 AM] Preet Kanwaljit Singh says: does not matter if you are right or wrong , just post
[7:37:36 AM] Preet Kanwaljit Singh says: if you are wrong there will always be someone to correct you and guide you to see better

Hi Fx Lion,
Greetings. I am Kumar from India.
I have just insalled all indicators from zip file. I am able to see signal on 60 min chart.
When wiill you pull the trigger? With 5 min siganl or 1 min signal?

What are the rules should meet for short?
What are the rules Should meet for Long?

Can you pls explain me?

Thanks a lot
Kumar.

Confirm 1 hour trend, then scalp in the direction of the 1 hour trend on 1 min charts, and try to close trades in green unless 1 hour changes direction.

Thats the trouble i am having at the moment; my indicators seem to say we are nearing the end of a 1hr bullish trend so i am holding offfor now.

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GU recent swing down, though not yet completed on 4 hour, we have plenty of supports down here.

In the long run I am expecting 1.7374 , but for now we need to work on how much further this can swing down for now.

This is a fib chart for the swing, showing to what extent we can retrace before continuing the journey south.

And my immediate expectation on the current 4 hour short is 1.67

Putting a trendline there on 4 hour, I think 1.6676 should be the end target for shorts, i can be wrong though.

Going by 4 hour tail divergence, if 1.6676 breaks, then GU breaks the 4 hour chart trendline, pushing it a lot lower

closed all shorts, i see a minor swing coming

It will be tough trading here, so I will just squat till London

will it break or will it bounce ??

who can answer this magic question ??

Plenty of spare room to the downside on the daily for GBP/USD
And plenty of spare room to the topside on the daily EUR/GBP

What will it do?

I am sure it will go DOWN

Well it did both. Broke to about 1.6610 and went right up again. It's coming down again. Hope this time when it breaks, it will go down hard. Pity I can't sit at my Lap top all day.

The price is always right. I Keep reading Forex Lion's first post to trade what you see anytime. It's a magical advice.

A tough fight going on there, I will not long, nor will short unless SN goes negative

But this 4 hour chart definitely means business.

Dear Sir. Thank you. I have sent you my PM. Yours Faithful.