Hello real traders. According to what I am seeing on my chart here. The market may hit somewhere around 1.5302 before we continue our DOWN move. But I think this is still a good time to start buying and putting the TP at 1.5300. Well I am will be staying out now and waiting for the market to hit 1.5302 for me. What is your opinion about this idea.
Cable Update (GBPUSD)
Hello real traders. According to what I am seeing on my chart here. The market may hit somewhere around 1.5302 before we continue our DOWN move. But I think this is still a good time to start buying and putting the TP at 1.5300. Well I am will be staying out now and waiting for the market to hit 1.5302 for me. What is your opinion about this idea.
- #214,424
- Apr 8, 2010 5:44am Apr 8, 2010 5:44am
- Joined Oct 2009 | Status: Trader | 1,342 Posts
salam ya basha
GU deriving me crazy.
TA has no role here.
Candle Stick patterns didn't play.
Moving Averages didn't work.
- #214,425
- Apr 8, 2010 5:44am Apr 8, 2010 5:44am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
What does that signify bbmac? Are we going to the moon?
Lol - I do not make predictions, merely look for the confluence of technical factors that indicate a high probability trading opportunity..whatever price is doing, like the 5min chart did below at the bottom of that 2nd 4hr pinbar.
A Pinbar can be significant if it comes off known potential supp/res like this and may signify higher prices to come re this pairing....some 4hr trigger players may be waiting for it to trigger?
ex member
- #214,428
- Apr 8, 2010 5:47am Apr 8, 2010 5:47am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #214,429
- Apr 8, 2010 5:48am Apr 8, 2010 5:48am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
@pawpaw1000 on Twitter
- #214,430
- Apr 8, 2010 5:49am Apr 8, 2010 5:49am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
even the news will not chang the trend unless we have a rate hick we might spike but thats it i might be wrong
news is 15min. Spike Up or Down?
- #214,434
- Apr 8, 2010 5:50am Apr 8, 2010 5:50am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #214,435
- Apr 8, 2010 5:51am Apr 8, 2010 5:51am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Salam Ya kabten.
GU deriving me crazy.
TA has no role here.
Candle Stick patterns didn't play.
Moving Averages didn't work.
- #214,436
- Apr 8, 2010 5:51am Apr 8, 2010 5:51am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Lol - I do not make predictions, merely look for the confluence of technical factors that indicate a high probability trading opportunity..whatever price is doing, like the 5min chart did below at the bottom of that 2nd 4hr pinbar.
A Pinbar can be significant if it comes off known potential supp/res like this and may signify higher prices to come re this pairing....some 4hr trigger players may be waiting for it to trigger?
Thank you for your explanation.
- #214,439
- Apr 8, 2010 5:53am Apr 8, 2010 5:53am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
Yes ... but it's the comment everyone awaits...QE or not QE that is the question!
