DislikedBut which "chance" will you take, Greek Bouncer?
"Beast", she is a bit of a whimp these days!Ignored
thank you
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DislikedBut which "chance" will you take, Greek Bouncer?
"Beast", she is a bit of a whimp these days!Ignored
DislikedWould you not consider Cable to be a CT trade?
No, look at the Boss - she is trapped in a sideways triangle.
Ignored
DislikedWould you not consider Cable to be a CT trade?
No, look at the Boss - she is trapped in a sideways triangle.
Ignored
DislikedHere's how I interpret the boss chart.
The uptrend is gone when the boss broke through the demand TL.
The price found support at 1.6 and buyers managed to take the price back to 1.65 but couldnt close above it.
Candle 1 & 2 shows the sellers in control. Candle 3 shows buyers trying again to pushg price up but in the end they were not strong enough.
The long wick and the close below 1.65 and below TL tells me that the sellers are back. OR, there is a greater chance that the sellers will be back.Ignored
DislikedWell done to close - In the case of USDCHF, Dr. Joe may be holding his words at this point. What does that say to USD across the board? Is it time to "bury it" in the same fashion as the Euro a few months back on the cover of Newsweek? Those longs are still going!Ignored
DislikedHatts off to Strat for "pennant" trading. (WOW trading with no TL is beyond any beginners reach and accurately defines true trading experience).
I shorted gbpjpy, as discussed previously, below the aug 21st hammer to be exact.
Todays candle on gbpxxx pairs is not comforting, however since no obvious S but an old TL (gbpjpy wise) is the hardle, short position will be held as are.
Comments always welcome
gbIgnored
DislikedSee simpleman - you were right! I'm still holding those long USDCHF until the market tells me otherwise. Regarding the Cable debate, I like another run at the heavy monthly resistance.
So who used the USDCHF reversal to sell Gold? Anyone?Ignored
DislikedSee simpleman - you were right! I'm still holding those long USDCHF until the market tells me otherwise. Regarding the Cable debate, I like another run at the heavy monthly resistance.
So who used the USDCHF reversal to sell Gold? Anyone?Ignored