I wonder whether price will stay in the 1hr pennant/triangle/thingy ahead of Us NFP @ 1230pm gmt...Who knows...
G/L
G/L
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DislikedWell you are rarely wrong! But I still see south and JJ seems to agree with that for different reasons.
I guess that's a good reason for me to be flat atmIgnored
DislikedGood trading opportunities for intraday swings, trading within the bigger range the past 4 days, using 15m/30m charts.
Trying to predict tops and/or bottoms never worked for me.Ignored
Dislikedone of us will be buying drinks for the house today that's for sureIgnored
DislikedIn my previous posts I explained why I was short http://www.forexfactory.com/showpost...stcount=250779
I was also hoping some help from GB news.....now it's done and I took my first profit .....
As my analysis is still the same, time to add to my short positions at a higher level (1.54200;1.54375)
And maybe Ill take some longs too before the release....
Trade wellIgnored
DislikedYep
I like this .. when traders who know their stuff disagree ... makes for a good learning situation.Ignored
DislikedRueters customers get the news 2 mins before everyone else !!
Read the FF notes properly:
FF Notes Data is given to Thomson Reuters subscribers 2 minutes before the public release time listed on the calendar - early market reaction is usually a result of trades made by these subscribers. Above 50.0 indicates industry expansion, below indicates contraction. Full reports are only available via subscription;Ignored
DislikedBTW those who know me, know my opinion about Cloggie....don't need to say more....
Good luck everyoneIgnored
DislikedStill ranging & going into a tight bottleneck. Not surprising heading into the nfp.
But sure has all the making of a big move north. I'm not looking to sell today, unless price close below 5340.
Good luck.Ignored
Disliked'
What is your bottom indicator? Is that the one that shows strength/weakness on mtf?Ignored
DislikedTotally agree. You only learn from playing with people who are better than you!
Is it too simplistic to say that so long as the price stays above the rollover price (15400) and the DP then intraday bias is long...?Ignored
DislikedSeems we have a good short in the forming, there is absolutely no strength in pound whatsoever....
I am skeptical news is not positive or maybe neutral...let's see
ta
amsIgnored
DislikedMACD Divergence lead the way on the 1 min that aswell as the fact that its common for the market to reverse asia direction early on in the trading session
good luck with the rset of the day traders
CatsIgnored
DislikedTotally agree. You only learn from playing with people who are better than you!
Is it too simplistic to say that so long as the price stays above the rollover price (15400) and the DP then intraday bias is long...?Ignored
DislikedI use the day open price to gauge i/d bias when scalping the m1 & m5.
open above the dop I look to scalp long and vice versa. Of course there are exceptions to the matter when I do discard the dop bias and trade both sides but generally scalping on the dop side is good enough & will save your skin almost everytime on range trading days.Ignored
Dislikedjames ...
may i ask why you are still short? Because from your charting I see price had a valid close above kumo.Ignored
DislikedI see that you have Jacko in your buddy list.... now that is food for thought!Ignored