Eu clear DP, stay on WP, Time frame H1 area to watch blue line (descending TL and Yesterday high).
Stay flat till both level clear .... unless you're scalping of course
Thank You 
- #12,601
- May 17, 2011 4:27am May 17, 2011 4:27am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Stay flat till both level clear .... unless you're scalping of course
- #12,602
- May 17, 2011 4:30am May 17, 2011 4:30am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #12,603
- May 17, 2011 4:38am May 17, 2011 4:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I am. 75.5 is the current retest & 74.48 below that. As long as the dx stays above the two, it stays bullish imo. 6700 is a bit much at this point bro, 6420 is already the biggest mother out there & to top it off the weekly is already bearish
Going big after june 16 bro? Welcome to the club!
on the cable..this is what im looking at..see the box range on the left ..the weekly stopped dead at support and buyers came in..this sum bitch in the past has been range in this area 1.67 - 1.5950 for around 20 weeks testing 1.67 six times in the past..
to go higher it had to test the bottom of the range..question is will it test the top..because monthly is bullish i assumed the probability of a retest is kinda high (data for UK coming out of recession i think is supporting)..so i think retest is kinda likely..
if we fall below 1.59..i will exit at a lose if 1.60 form resistance
but this is my thoughts on it!!
it bounced exactly the area it needed to bounce to support this range
i have to wait till 16th cause i put it in a 1 year bond 13k for 300 pound return..rubbish (can make more on a micro account return..lol)when it mature it taken meh money
- #12,605
- May 17, 2011 4:58am May 17, 2011 4:58am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hillarious pic of the week...
This up move is indeed an invitation or trick. I am thinking of going short with a wide stop loss.. 160 is on the cards. Dollar has gone bullish and I see a drop though to 74 for whatever reason it may happen and cable might go to 64ishh as you mentioned in another post beyond 6660 is my doubt. This number has historical case with me. I made some and lost somes due to this killer level.
ta
ams
This up move is indeed an invitation or trick. I am thinking of going short with a wide stop loss.. 160 is on the cards. Dollar has gone bullish and I see a drop though to 74 for whatever reason it may happen and cable might go to 64ishh as you mentioned in another post beyond 6660 is my doubt. This number has historical case with me. I made some and lost somes due to this killer level.
ta
ams
Cable's currently failing at previous day hi retest on the 6th i/d hour as well.
I'd leave that pair alone if I was trading tbh. The rise looks a bit suspect ...
- #12,606
- May 17, 2011 4:58am May 17, 2011 4:58am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #12,607
- May 17, 2011 5:01am May 17, 2011 5:01am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
i have too bro..will have 16k..i reckon at least 0.5 a mini i can do..
on the cable..this is what im looking at..see the box range on the left ..the weekly stopped dead at support and buyers came in..this sum bitch in the past has been range in this area 1.67 - 1.5950 for around 20 weeks testing 1.67 six times in the past..
Thank You
- #12,608
- May 17, 2011 5:04am May 17, 2011 5:04am
anyone expecting GU to spike up on CPI?
GU seems tired from here, broking a lower trendline used as upper now...
http://www.forexfactory.com/showthre...21#post4619621
Next step ain't that clear but 6050 should/could be visited.
Later!
"It's not about the pay check, it's about crushing the rebellion"
- #12,609
- May 17, 2011 5:05am May 17, 2011 5:05am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hillarious pic of the week...
This up move is indeed an invitation or trick. I am thinking of going short with a wide stop loss.. 160 is on the cards. Dollar has gone bullish and I see a drop though to 74 for whatever reason it may happen and cable might go to 64ishh as you mentioned in another post beyond 6660 is my doubt. This number has historical case with me. I made some and lost somes due to this killer level.
ta
ams
Thank You
- #12,610
- May 17, 2011 5:12am May 17, 2011 5:12am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Before taking it back down they will take it up from high. Are you taking any trades yet. Not risking your yacht money are ya 
yup, look it's having problems at the 75.5 level. Nah we can wait, they're not fooling us
- #12,612
- May 17, 2011 5:18am May 17, 2011 5:18am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Before taking it back down they will take it up from high. Are you taking any trades yet. Not risking your yacht money are ya
Just watching. Even if I was trading, this won't be the day to do it. Most of them are testing key levels & not properly clearing any. Sharks infested water till they clear imo
Thank You
- #12,613
- May 17, 2011 6:07am May 17, 2011 6:07am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #12,614
- May 17, 2011 6:11am May 17, 2011 6:11am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #12,615
- May 17, 2011 6:16am May 17, 2011 6:16am
Agree with Dario, hate these days like this one... I am now flat (was buying the eu but this shaking gets me... 
)
Anyway, will stand aside, cause that should be very nice H4 candle (Dario, you know what I mean), but instead of thats a DOJI with bearish bias... so now looking for short ... but...
cpi on cable was above boe expects and this is another log to fire to hike the rates... so I am now confused and standing aside...
) Anyway, will stand aside, cause that should be very nice H4 candle (Dario, you know what I mean), but instead of thats a DOJI with bearish bias... so now looking for short ... but...
cpi on cable was above boe expects and this is another log to fire to hike the rates... so I am now confused and standing aside...
- #12,616
- May 17, 2011 6:54am May 17, 2011 6:54am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Cable's currently failing at previous day hi retest on the 6th i/d hour as well.
I'd leave that pair alone if I was trading tbh. The rise looks a bit suspect ...
NO.
Thank You
- #12,617
- May 17, 2011 7:53am May 17, 2011 7:53am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
I don't want a job, i want money!
- #12,618
- May 17, 2011 8:12am May 17, 2011 8:12am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
some good short selling is cooking....
EU 4h hours doesn't really show any pattern (that i value) but cleared the DP
fun ah
I don't want a job, i want money!
- #12,619
- May 17, 2011 8:24am May 17, 2011 8:24am
- | Commercial User | Joined Jan 2010 | 3,733 Posts
so here is the deal... the GU 4H completely engulfed the previous 4h candle.. but deadly stopped over DP...
EU 4h hours doesn't really show any pattern (that i value) but cleared the DP
i know that without Azim trading we feel a bit lost.. but he is like the big brother over here... if we say something too silly he will come and insult us
so don't be shy...
I don't want a job, i want money!
- #12,620
- May 17, 2011 8:46am May 17, 2011 8:46am
come on fellas... nobody??
i know that without Azim trading we feel a bit lost.. but he is like the big brother over here... if we say something too silly he will come and insult us
so don't be shy...
I would say judging by the stoch on the 1hr and 4hr chart we still have some downside left to go! Plus dollar strength is in play in US markets so I wouldn't go buying GBP just yet..
Money is the result derived from the execution of a skillset