Cable Update (GBPUSD)
yes but then depends in what you are looking at.....
IMO the area to be broken is 5980-6140 so meaning a 100-130 pips range.
6140 is extremely important monthly line.
and 6040-60 will surely be retested and confirmed support later, even if price will be going higher, and could also not hold as support....
enough reasons to close in huge profits and wait a good setup
eheh that's good, i'm riding this baby from 3 weeks now, still riding it, minimum 6175 for me to get out!
But at this speed we'll get there in a few hours (well, probably london close will see profit taking, so let's say maybe tomorrow)
However.. let's wait
P.s.
eurchf too need a lot of patience, i remember stay there 3 months with negative swap, what a terrible episode of my life, never trade eurchf again for me! Great you profited from it's jump of today
looks a little weak, + london closing
it ok mate, i'm curious to see your analysis and sharing your ideas here..
btw loving your webinars, great analysis... im just getting real frustrated of this loud mouth abe who isnt even elected yet and he talks so much shit about yen easing...
charts are simply not showing me what i am seeing for more yen easing....
fakk the london city traders, london is closing but war is still on between bull/bear when bulls get weak and exhausted as my mentor mentored me avoid strong and attack weak like a wolf, wolves never attack strong they wait for the prey to get weak then ATTACK
now sucking bear blood
http://www.youtube.com/watch?v=ZG1eqd8T5-I
tks!
about Jpy, really i'm also frustrated!! i'm waiting entry long in EJ but always reversed up before my level.
dam BOJ.
looking charts in UJ between 81.80 - 81.50 could happen another reaction up
but in the same time.... where the fucking helll is going the EJ? straight to 110?
and so the GJ? there is important resistance at these levels.... is it going straight above?
dam BOJ!
better be cautious..
I appreciate that. Apart from the Renko scalps - I have 2 more strategies. One a longer term swing, and the other something that will create a massive split in the thread if discussed.. so I do not mention the details..
Just mark 1.2910 on EU - and watch..
All the best
i see what you mean on ucad, personally, i'm looking to short that pair at 9945..
but that range can favor both bears and bulls, no confirmation yet on that pair but it's very close to 1.0 area, high probability i think it will hold.. maybe it will just range between 9400 - 1.0 area for sometime. but that my speculation, i'm not looking into swing position on that pair.
You look cute
AHAHA 100-130 pip range Area to be broken, you Twit... such a monthly trader you are... ahahah that'll get a lot of m15 traders here confused as hell....
fakk the london city traders, london is closing but war is still on between bull/bear when bulls get weak and exhausted as my mentor mentored me avoid strong and attack weak like a wolf, wolves never attack strong they wait for the prey to get weak then ATTACK
now sucking bear blood
http://www.youtube.com/watch?v=ZG1eqd8T5-I
hehe
this area between 1.59 and 1.61 can be very dangerous
also true that i still have an eye waiting somewhere into 9810-9870.
for the moment, just noticed "downtrend" from 1.0050 stoped. if reverse here could mean easy 1.0180...
will check better that chart, must be a trick somewhere
Thank you!
the area where the price stopped is actually the 50 fibo from previous wave, the area where i'm looking to short is the short term resistance.. considering entry just in 4h..
