Me too!
nein nein nein nein
Cable Update (GBPUSD)
- #318,961
- Jul 17, 2012 9:14am Jul 17, 2012 9:14am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
nein nein nein nein
- #318,962
- Jul 17, 2012 9:20am Jul 17, 2012 9:20am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
it depends.
both of us can move to nepal and trade a 1 k account risking less than 5% and still be kings of nepal...but I would not share the power so I would start a war
ahhhhhh humans
- #318,963
- Jul 17, 2012 9:21am Jul 17, 2012 9:21am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
on the other side,if you want to load long 1.5620-10 is a good place but a better one is 1.5596 ,1.5570 and 1.5535 where I might load if I can
have fun today....2 major news so keep...
so I'm in now and will load more on the way down maybe 1.5535 or 1.5550
I'll load 1 lot on each trade...or not,let's make it 0.5 lots.already up many pips for the day and I don't wanna ruin it.
you know how they say ''1k a day keeps the doctor away''
- #318,964
- Jul 17, 2012 9:23am Jul 17, 2012 9:23am
heey..am I the only one that bought ?
market is falling not feeling confident buying in as i was selling yesterday again the trend, and i reached a stage where i had to pray.
- #318,965
- Jul 17, 2012 9:31am Jul 17, 2012 9:31am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
ummm that will be asking and doing head, but why you buying i cant see it on ichi or trenline. though i cud see its near 38.2 and 61% region on two diff fib extensions.
market is falling not feeling confident buying in as i was selling yesterday again the trend, and i reached a stage where i had to pray.
ichi wise now-H4 top flat kumo @ 1.5590 + trendline on H4 + 38.2%
a level too good to be ignored
the other buy one would be 1.5535 as 50% fibo,bottom kumo and KS flat line
- #318,967
- Jul 17, 2012 9:38am Jul 17, 2012 9:38am
coz I mentioned first thing in the morning that 1.5570 level is buyers level.I opened @ 1.5580 and got 20 pips up.closed half there the rest @ BE now
ichi wise now-H4 top flat kumo @ 1.5590 + trendline on H4 + 38.2%
a level too good to be ignored
the other buy one would be 1.5535 as 50% fibo,bottom kumo and KS flat line
- #318,968
- Jul 17, 2012 9:55am Jul 17, 2012 9:55am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
but hasnt it breached .5590 kumo level? when you call that that level to be breached when it ticks below it or when the candle close below that level?
Clouds are both R and S
a flat cloud is a better R or S as ....
a cloud is a multitude of S and R levels all together.if it is flat it means price bounced that area more than one time..otherwise it would not have same level.
a flat cloud will either make price bounce or fail.H4 level was 1.5590
next level was inside but as long as the candle did not close inside there is no confirmation of the downmove.more than that the SL is supposed to be on the other side of the kumo....in this case @ 1.5510-20 and for a 1.5784 TP if would be good RR
1.5570 area is 38.2% fibo + trendline broken and now..retested.please have a look at the course and you will see how to trade the trendline breakout.once broken a trendline will probably be retested so you jump in the direction of the break only when price retests and trendline holds(holds meaning that specific candle closes above it not if it punches)
lower 1.5535 as flat KS and bottom Kumo just below ...perfect entry as a buy there woth a SL of only 20 pips would bring a lot of money.
please find attached the charts on H4 and H1
on H1 you see cloud that will support price at same level of 505 fibo and H4 KS
and now with the move from 1.5560...I could call it case closed
20 more pips bagged
- #318,970
- Jul 17, 2012 10:06am Jul 17, 2012 10:06am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #318,973
- Jul 17, 2012 10:57am Jul 17, 2012 10:57am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #318,974
- Jul 17, 2012 11:00am Jul 17, 2012 11:00am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #318,975
- Jul 17, 2012 11:04am Jul 17, 2012 11:04am
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #318,976
- Jul 17, 2012 11:05am Jul 17, 2012 11:05am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I will comment in a bit.....I am on holidays down in Windsor - visiting family. Just have bro-in-law up in the hotel room with me right now - will post a response a little later.
Cheers Navin....
Faller.
- #318,977
- Jul 17, 2012 11:21am Jul 17, 2012 11:21am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
- #318,978
- Jul 17, 2012 11:23am Jul 17, 2012 11:23am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
- #318,980
- Jul 17, 2012 11:35am Jul 17, 2012 11:35am
- | Commercial User | Joined Feb 2010 | 2,739 Posts