Disliked{quote} Thanks sorry about your loss, you would think all green news then 1500 plus, hence a sill big lot entry,, the crazy thing is you watch it hit resistance at 4940 and i still went long,, i need to psychologically evaluate my thinking any entry now will be pulled at entry untill i find the right one ,regardsIgnored
Cable Update (GBPUSD)
Man, I missed all the fun this morning...This thing can't seem to break down past 1.4850-1.4830 or break up past 1.4960ish. Every time it tries, there's a huge NOPE and then it's off to the races in the opposite direction. It feels like there's pressure building under 1.500 and when it goes it's going to go hard one way or the other. I'm flat until one of these zones breaks and stays broken 
- #412,463
- Mar 26, 2015 12:18pm Mar 26, 2015 12:18pm
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
Flat on GU until it breaks below 1.49 again with sell stop @1.4890. Managed to sneak a long on U/Chf thoughAs soon as / IF it overruns .9630 again then GU would drop a couple hundred pips. SL there @0.9378. {image}
- #412,467
- Mar 26, 2015 1:07pm Mar 26, 2015 1:07pm
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Still stalking the GBP, initial short setup canceled. New potential short move seem to emerge :
Money moves the market, not an indicator.
- #412,470
- Mar 26, 2015 3:36pm Mar 26, 2015 3:36pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #412,472
- Mar 26, 2015 7:55pm Mar 26, 2015 7:55pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #412,474
- Mar 26, 2015 8:21pm Mar 26, 2015 8:21pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} great chart, now I can see how the price playing inside the current channel. usually price break out in up or down in the 5th or 7th channel line touch 'hit'. now that we are at the bottom which is number 6 as I see it in your chart, then I anticipate a break out to the top... not sure though, but very possible.
Agreed, very possible.
Yellen may cause another spike like last week but personally I expect it would be another fake.
Weekly PA and the radically changed policy environment of the Fed from mid 2013 as well as the monthly inside bar, all tell me the odds are to the downside in the weeks ahead
Come with me if you want to live....
- #412,475
- Mar 26, 2015 8:36pm Mar 26, 2015 8:36pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #412,476
- Mar 27, 2015 12:59am Mar 27, 2015 12:59am
{quote} Thanks
Looking at daily USD Index, bullish.
. Can someone enlighten me?
- #412,479
- Mar 27, 2015 2:20am Mar 27, 2015 2:20am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
closed all trades tonight.
cable @4860
gbp nzd took some pips 9570 to 9615
need to relax from charts
easy thing when in profits!
will pop up if i see an opp, but probably will wait quarterly candle to close. not a long wait tho!
green pips to everyone
cable @4860
gbp nzd took some pips 9570 to 9615
need to relax from charts
easy thing when in profits!
will pop up if i see an opp, but probably will wait quarterly candle to close. not a long wait tho!
green pips to everyone
90% of traders use TA, indicators and prediction
- #412,480
- Mar 27, 2015 2:59am Mar 27, 2015 2:59am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
3 speeches by BoE members. Need 2 doves Day opened nicely. Will close some partials if London decides to go the other way.
Day opened nicely. Will close some partials if London decides to go the other way.
