Now there's a revolutionary thought!
So True. So True.
Very wise words...
Regards to you
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedGood day to you,
What concerns me a bit, is that EU is set up for a sell ( for the first time on my long term chart since Feb) - one would expect GU to be similar in setup, but it's not. So I am a bit confused as to which one to make my decision on.
I am leaving GU for now. I do have a short entry on EU @ 1.4684 - but I think I was too early. But targetting 300. This I want to leave for a week.
Eur/Jpy is also close to a sell setup in my opinion - another 30 to 50 pips or so.
That's the story.
RegardsIgnored
Dislikedok now now
let's all calm down a bit
I have 50% confirmation
last TP would be 120 pips under 135 level
OMG that's gonna be 163.80
then up 60 pips
second 50% needs to be confirmed at 165.05 level
then I'm in for the big sell
levels and pips might change in time .....as the future is still unfolding.I said already I cannot see the future or have a cristall ball.I just trade what I see
GJ still not even 50% as I mentioned earlier it will take longer than GU to have a clear view...but it seems we will have the 50% as well on this one...Ignored
DislikedGood day to you,
What concerns me a bit, is that EU is set up for a sell ( for the first time on my long term chart since Feb) - one would expect GU to be similar in setup, but it's not. So I am a bit confused as to which one to make my decision on.
I am leaving GU for now. I do have a short entry on EU @ 1.4684 - but I think I was too early. But targetting 300. This I want to leave for a week.
Eur/Jpy is also close to a sell setup in my opinion - another 30 to 50 pips or so.
That's the story.
RegardsIgnored
Quoting TauTrader;DislikedGood day to you, San
I can only look at areas where price can bounce / break. Trading from probable extremes is what you want to do. I have scratched on FF and I include an indicator found here in the open forum.
I have played a bit with the settings. The settings I have included in the screenshot. I have marked the points where price touched the bands. These are probable extremes. Can be useful to look at areas where a possible buy may work, or where a possible sell may work.
Couple this with trend and you have a good basis to start working from. On the screenshot, you can see I have marked the the best possible areas to look for long, and for short. BUT ONLY A GUIDE.
Play with the settings and timeframes and see if you can make it work for you. This is just a very simple suggestion to assist you.
RegardsIgnored
Dislikedas I said the TP will change
GJ last TP will be 133.9 level(133.85) if we brke the 135.39
GU last TP will be 1.639 level(1.6383) if we brake the 1.6505 level
still I would not take them even with confirmation or maybe just a small lot as we are in news land still
i will keep updating but this seems to be the last TP I don't think it will grow anymoreIgnored