got stopped out.. -50 ... done for the day...
eu is in a diamond formation..it may break down..but it can bounce also..i havent got a clue..hope it works out for u thou bro
its positioned itself so news decides..i notice this is something happening a lot..we can use this to advantage (i think )..LOL
market simply doing everything..somehow i think my thinking was completely wrong and i came out of trade cause it did the opposite to what was supposed to happen i came out winning..market is crackpot
because I honestly think cable is going to 1.7
but honestly, $30/pip is not significant to my account size, $300/pip is.
and really, I won't be trading. I got carried away after that debt ceiling thingy. I already got paid when I cashed in on gold, don't need this crap this month
eu is in a diamond formation..it may break down..but it can bounce also..i havent got a clue..hope it works out for u thou bro
its positioned itself so news decides..i notice this is something happening a lot..we can use this to advantage (i think )..LOL
market simply doing everything..somehow i think my thinking was completely wrong and i came out of trade cause it did the opposite to what was supposed to happen i came out winning..market is crackpot
don't worry my friend... already made up for that...
way to go man!! beautiful
long GBP/USD with the stop @16108 (praying todays low is really the low)
Based on elliot wave with this morning's low being start of wave 1 which ends at 16207 where wave 2 start and ends just now at 16122 where wave 3 will start. At the moment seems good.
yea im just doing a few pip trade really the market cycle has changed since yesterday in my career this is my time to stop trading...dont ask me why but i had a great run last 2 weeks and then turns to shit dont no why maybe waiting for the next news role....
.. it worked very well for yah i dont think having a stop above 1.61 is a good idea it most likely will try and go under..cable loves 50% fib..worth a shot
what is great to see is usd is blasting north and cable is kicking him in the nuts
im going for above 1.64..actually i think this some b*tch could go to 1.67..if this hold obviously
thanks for the chart navin interestingly the daily suggests a retest of UTL its also former S zone and HPFZ works in perfectly i would bet my house that 16070 would be the absolute bottom also reckon touch the area might see a nice reversal pin 2 morrow....cheers.
yep..my thought as pretty much the same
theres a lot of confluence with the 50% fib and consider a retest of this support.
I do like sharing view with u..we have very similar trading style
I can understand yur chart very clearly
Learning from Master Nav, of course some similar view
Just hope that this time GBP will pay us. Got paid from dow index, gold, aussie but nothing from euro or pound this month.
Notice how GBP/USD challenge the 16120 a few times while EUR/USD slump over 25 pip earlier. If this 16120 or 16110 gives then I go back to index and maybe scalping gold
