Cable Update (GBPUSD)
I was going to say something, but don't even know where to begin.
Good luck guys
hi there
here is why the DD in terms of SL.in ichi I use the kumo as S or R areas and I place the SL on the other side of the could.this is what I was taught this is what I use.
on this W chart there is a perfect buy signal.SL for that one would be 700 pips as the bottom of kumo.
on smaller TFS smaller SL's
hi there
here is why the DD in terms of SL.in ichi I use the kumo as S or R areas and I place the SL on the other side of the could.this is what I was taught this is what I use.
on this W chart there is a perfect buy signal.SL for that one would be 700 pips as the bottom of kumo.
on smaller TFS smaller SL's
hi there
here is why the DD in terms of SL.in ichi I use the kumo as S or R areas and I place the SL on the other side of the could.this is what I was taught this is what I use.
on this W chart there is a perfect buy signal.SL for that one would be 700 pips as the bottom of kumo.
on smaller TFS smaller SL's
which in terms of timing could mean next months we see strong upward.
time will tell
wait a bit
that was just an example to show how this thing works.but that move is gone now.that is an example of a perfect ichi buy signal as the cross is above cloud,clouds are on bull intersection and CS line is above kumo and price.
it's hard to explain if you don't know the basics of ichi.I will cover them in one point.
so that trade brought 950 pips.
what we can see in present time on W is that we have a weak buy cross (it means is under cloud and the cloud is bear cloud and black line is under price)
but on the same chart we see that...
Normally on long term shots I try to hold a 500 pips DD as a max but it depends on the charts.
longer term view(by the end of this year) 1.7330 on GU
all we need is to stay above 1.5850 level today and we will go 180 pips up more or less to 1.60 level
good to see you again mate
hope you are ok after this market maker mess
actually after 1.7330 there will be 1.80 and I hope it by the end of the year
some say it might drop lower but if you look back to some posts of mine from june I predicted the down move to 1.5875 ..the rest was just a game of the sharks
Wow! 700 pip stop loss! Like I said yesterday....we are all different traders with different personalities - There is no way I could have a 700 pip stop loss!!!!!!!!
Whew!
Faller
1.61-1.6150 maximum.
Price over the last few days had already suggested a strong retest of 6000, I wouldn't have bought where I did if it didn't look good
1.6120/50 is what I have next.
