Cable Update (GBPUSD)
right, still holding some positions long from 5203 safe.
no reason for me to sell yet. no reason for me to watch this drab pa now either.
so have a good one folks. cya when the alert goes off! hopefully @5400
I am with you Wormboy.. even though I am out, I am not seeing a fall for tomorrow.. In fact if it gets back to the pivot, I may buy and hold over night. We are above the 100 and 200 SMA and they look like they want to cross.. bullish move on, and might want to think about more than 1.5400
right, still holding some positions long from 5203 safe.
no reason for me to sell yet. no reason for me to watch this drab pa now either.
so have a good one folks. cya when the alert goes off! hopefully @5400
I am with you Wormboy.. even though I am out, I am not seeing a fall for tomorrow.. In fact if it gets back to the pivot, I may buy and hold over night. We are above the 100 and 200 SMA and they look like they want to cross.. bullish move on, and might want to think about more than 1.5400
Be careful mate...On 4h chart, 100 EMA was tested 8 times in last 3 days . It's way too much by my opinion and is meter of time when it will be broken by my opinion.
Also, on 4 hour chart, it's clear that we can see lower highs...I am still holding my short.
Agree, that 100 on the 5 min is like it's made of steel .. on 5 min there is a rather messy bull flag so my prediction is...
....drum roll please...
she will either go UP ...
.....or DOWN!
And you can take THAT to the bank!!
Defintitely, but I would still put more money into buying dips then selling rallies.. at least until the a weekly candlestick says otherwise. I'm flat now anyway, but if I get close to the pivot in for a long
