Cable Update (GBPUSD)
With all the interventions, it's hard to tell. Had it not been for all that, I think this should be falling like a rock as of last week if it even made it this far up! LOL
I've been waiting to short at 6300ish but it's going sideways again. The longer it does, the more I think it will go up like the last basically 5 stair steps.
for me, it is still in up trend on both h1 and h4 charts.
Its all subjective but 1.6172 which we will see shortly is theoretically still a higher low.
of course, it might just say fck this for a game of soldiers and bomb back to 1.58
? ???? )
its difficult even the higher time frames are confusing..not normally this confused..i see hidden bearish diverence on dailly
tomorrow might be a trigger if not down tomorrow..the sum bitch is going towards my 1.6475..which i cant see right now
If I were holding longs from that level there is NO WAY I'd close them now. This puppy (as it sits) has every poential of continuing the bull run to the next hurdles at 6440ish and 6630ish.
For me it's simply that, if it is to turn, 6300 is a good potential area for it. If we clear 6380ish, we going up.
it's 6165 not 72
that's why I said this is the land in the sand or line(damn I'm tired,bring in the booze and the strippers,en-drunken them and make them sing me a lullaby...what were you thinking party
below that one we see 55-80 pips as first stop only,nothing in between and 1.6080-6026 as next stop
but on daily below 1.6222 there is nothing till 1.6012
and if that one gives up we go 1.5883
just add a few pips here and there to those levels as it suites you best and it should work out
0.9328 in play on UCHF from where a sell with 10-15 pips SL would do
this means 40 pips up from this level or 40 down on EU meaning 1.3003-04....and this is an errror somehow as my numbers tell me 1.3015-13 not 3003-04 but I think momentum will push it to that lower level...so I might cancel my buy limit or move it lower.
atm is @ 1.3018
I might take it lower to 3010 and update SL
to be honest, since last week, i have just been picking highs and lows of daily and taking what I can.. the great thing about doing that is sometimes you only go one or two stops on the train, but sometimes you stay for the ride.
still short eu from 1.30656 30 pips locked, closed gu for 25 pips and been north and south on gj so often today, i feel sick as a dog
stop trading GJ
BOJ about to intervene ...or that's the rumour.
when this happened last time there was a 732 pips move in matter of minutes followed by a full reversal of 732 pips + 200 the following day
better keep your pips and not loose them on SL eaten by banksters
correct
the only problem is that I have a problem with waiting.my life is short.every second counts so I fear the following
if we all know that 1.6300 is potential reversal and waiting that level to long cover our longs and the sharks know the same thing how come don't they try to reverse suddenly and eat our profits ?
I never entered one trade on the levels from the charts due to this only reason.
on GU daily there is a double top formed already...the only diff makes the wick or not to wick
no wick is 76-81 with wick is 301.....so...
stop trading GJ
BOJ about to intervene ...or that's the rumour.
when this happened last time there was a 732 pips move in matter of minutes followed by a full reversal of 732 pips + 200 the following day
better keep your pips and not loose them on SL eaten by banksters
correct
the only problem is that I have a problem with waiting.my life is short.every second counts so I fear the following
if we all know that 1.6300 is potential reversal and waiting that level to long cover our longs and the sharks know the same thing how come don't they try to reverse suddenly and eat our profits ?
I never entered one trade on the levels from the charts due to this only reason.
on GU daily there is a double top formed already...the only diff makes the wick or not to wick
no wick is 76-81 with wick is 301.....so we've...
or alpari close
