Dislikedwell, how do you know this is a retracement instead of reversal?Ignored
Cable Update (GBPUSD)
- #278,702
- May 9, 2011 3:11pm May 9, 2011 3:11pm
- | Joined May 2008 | Status: Ad Astra Per Aspera | 1,741 Posts
actually I've been posted it on late Friday since I saw cable Trying hard break 6357.... and for the reversal I just follow Over Sold condition looking at 4H formation and put some trendline and weekly fibonaci
gl for your trade mate
Verily, in every difficulties there is relief
- #278,705
- May 9, 2011 4:39pm May 9, 2011 4:39pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #278,706
- May 9, 2011 4:46pm May 9, 2011 4:46pm
I think you will have 1.685 pretty sooon, then what? 
where she goes and where the Ninjas takes it later......... 50/50 guess at the moment. shall I gamble and place both in for over night? naaah scalping can't be left on auto
where she goes and where the Ninjas takes it later......... 50/50 guess at the moment. shall I gamble and place both in for over night? naaah scalping can't be left on auto
- #278,707
- Edited 4:54pm May 9, 2011 4:52pm | Edited 4:54pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I think you will have 1.685 pretty sooon, then what?
90% of traders use TA, indicators and prediction
- #278,709
- May 9, 2011 5:31pm May 9, 2011 5:31pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
the doctor of impatience?
same here
i was askin my self same question!
i answer myself to buy on breake n confirmation above 6405 to tgt the 6425
if goes good can let half position to try above it
i mean i think after have done the breake of hourly downtrend, i expect it more high from here but need to print above 6405 at least first step
and another main step would be confirmation of previous downtrend in h1
where ever she go now, i will trade on the reaction of those lines
90% of traders use TA, indicators and prediction
- #278,711
- May 9, 2011 5:42pm May 9, 2011 5:42pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
I wish it would help a bit for today we need confirmation Break at 1.6435 First now act as 23% while strong rebound from 1.6270 last nite. Weekly expectation High first at 1.6494-1.6513 as 38% FIB Projection. if not happen today maybe tommorow on Wed. Today Posibilities Buy again and Range between 1.6335- 1.6450 for Intraday Trade. so we shall see
- #278,716
- May 9, 2011 5:58pm May 9, 2011 5:58pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
as planned...
90% of traders use TA, indicators and prediction
- #278,718
- May 9, 2011 6:03pm May 9, 2011 6:03pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #278,719
- May 9, 2011 6:05pm May 9, 2011 6:05pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I wish it would help a bit for today we need confirmation Break at 1.6435 First now act as 23% while strong rebound from 1.6270 last nite. Weekly expectation High first at 1.6494-1.6513 as 38% FIB Projection. if not happen today maybe tommorow on Wed. Today Posibilities Buy again and Range between 1.6335- 1.6450 for Intraday Trade. so we shall see
how is there?
im very sad i closed a scalp long 6276 to 6300
you think again 6330 possible? looks so far from here now...
90% of traders use TA, indicators and prediction