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  • #121
  • Feb 29, 2016 8:32am Feb 29, 2016 8:32am
Quoting atheer1
{quote} Tell me forexLion which zone is confusing you ? I am ready to explain.
eg. the buy zone starting at 0.99100 ending 0.99625, thanks a lot for explanation
  • #122
  • Feb 29, 2016 8:38am Feb 29, 2016 8:38am
Quoting Forex Lion
{quote} eg. the buy zone starting at 0.99100 ending 0.99625, thanks a lot for explanation
If you meant the last blue zone which is formed after the break of the 1st red zone in the image....................any more clarification needed

image 23

I am ready
atheer1
  • #123
  • Feb 29, 2016 8:41am Feb 29, 2016 8:41am
Quoting atheer1
{quote} If you meant the last blue zone which is formed after the break of the 1st red zone in the image....................any more clarification needed I am ready

​not the last one, the blue one before
  • #124
  • Feb 29, 2016 8:45am Feb 29, 2016 8:45am
Quoting Forex Lion
{quote} ​not the last one, the blue one before
The second blue zone from the right is formed by break of the adjacent red zone

image 23
atheer1
  • #125
  • Feb 29, 2016 8:47am Feb 29, 2016 8:47am
Quoting atheer1
{quote} The second blue zone from the right is formed by break of the adjacent red zone image 23
​the break of the red zone before?
  • #126
  • Feb 29, 2016 8:49am Feb 29, 2016 8:49am
Quoting Forex Lion
{quote} ​the break of the red zone before?
yes
atheer1
  • #127
  • Feb 29, 2016 8:50am Feb 29, 2016 8:50am
Quoting atheer1
{quote} yes
​ok, understand...many thanks
  • #128
  • Feb 29, 2016 8:52am Feb 29, 2016 8:52am

I am sorry for confusing any of the traders there.........
Don't be shy to ask
That is how people learn
atheer1
  • #129
  • Feb 29, 2016 8:53am Feb 29, 2016 8:53am
Can you please illustrate on the chart what which zone leads to what? And how initially do you mark the zones?

Thanks.


Quoting atheer1
{quote} yes
My Currency is Urgency
  • #130
  • Feb 29, 2016 8:56am Feb 29, 2016 8:56am
quiz:

Where do you think the Pound(Sterling) is heading from this hour close( 3 GMT )?
atheer1
  • #131
  • Feb 29, 2016 8:58am Feb 29, 2016 8:58am
1,4 and above.


Quoting atheer1
quiz: Where do you think the Pound(Sterling) is heading from this hour close( 3 GMT )?
My Currency is Urgency
  • #132
  • Feb 29, 2016 9:00am Feb 29, 2016 9:00am
Quoting Forexmint
1,4 and above. {quote}
why?
atheer1
  • #133
  • Feb 29, 2016 9:02am Feb 29, 2016 9:02am
Quoting atheer1
quiz: Where do you think the Pound(Sterling) is heading from this hour close( 3 GMT )?
​hmmm, could go south
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-activtrades-plc.png Size: 57 KB
  • #134
  • Feb 29, 2016 9:04am Feb 29, 2016 9:04am
Quoting Forex Lion
{quote} ​hmmm, could go south
why?
what is your analysis to support that call ?
atheer1
  • #135
  • Feb 29, 2016 9:08am Feb 29, 2016 9:08am
Quoting atheer1
{quote} why?
Bounce from a very old trendline from 2009. And the falling eurgbp.
My Currency is Urgency
  • #136
  • Feb 29, 2016 9:08am Feb 29, 2016 9:08am
Quoting atheer1
{quote} why? what is your analysis to support that call ?
​have inserted a picture in my post
  • #137
  • Feb 29, 2016 9:17am Feb 29, 2016 9:17am
Quoting Forex Lion
{quote} ​hmmm, could go south {image}
Yes,you mark an important sell zone for the GBPUSD
,but recently the Pound formed a possible buy zone from 13 and 14 GMT hours
So we will watch price when it retraces down in this buy zone if it reverses from this zone the the pound is looking for sell order higher up in selling zone above what you marked......

,but if it reversed from the zone you marked it will continue down
atheer1
  • #138
  • Feb 29, 2016 9:23am Feb 29, 2016 9:23am
Quoting atheer1
{quote} Yes,you mark an important sell zone for the GBPUSD ,but recently the Pound formed a possible buy zone from 13 and 14 GMT hours So we will watch price when it retraces down in this buy zone if it reverses from this zone the the pound is looking for sell order higher up in selling zone above what you marked...... ,but if it reversed from the zone you marked it will continue down

I see, so we watch the battle between the sell and buy zone
  • #139
  • Feb 29, 2016 9:35am Feb 29, 2016 9:35am
Quoting Forex Lion
{quote} I see, so we watch the battle between the sell and buy zone
YES
atheer1
  • #140
  • Feb 29, 2016 9:36am Feb 29, 2016 9:36am
my analysis

Attached Image (click to enlarge)
Click to Enlarge Name: 24.png Size: 77 KB
atheer1
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