Forex, awful to watch, AWESOME to play
Morning all Ok, so I expect a pullback to last weeks' S! at 150.39. I presume that we have topped out the day at the this weeks' R1 152.74 {image}
Update: we did already
{quote} I doubt that, we are going UP for sure
Tuesday likes to touch weekly pivot. If it has not, then Wednesday is opposite to Tuesday. We are currently 250 pips up from weekly pivot, and at weekly R1 at 152.74. So the up movement, according to me, has run its course.
If you get in high on a Monday down towards weekly pivot, or in on the low towards the weekly pivot, on the Monday London open hour session, then you have a good chance of getting near the high or the low of the week.
Today could could go as high as 153.00, but I am not going long because of the Tuesday weekly pivot scenario.
Forex, awful to watch, AWESOME to play
- #18,629
- Jun 20, 2016 2:52am Jun 20, 2016 2:52am
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
Great layout on that grahic, man it really sums it up....happy to see such a graphic...
Morning all Ok, so I expect a pullback to last weeks' S! at 150.39. I presume that we have topped out the day at the this weeks' R1 152.74 {image}
- #18,630
- Jun 20, 2016 2:55am Jun 20, 2016 2:55am
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
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- #18,638
- Jun 20, 2016 6:21am Jun 20, 2016 6:21am
- | Membership Revoked | Joined May 2016 | 1,339 Posts
Good morning eveyone. Here is my first call for you guys on GBP/JPY. As of this moment it is a scalp long until the price of 153.225 You can see I am in the scalp long, but for a very small position.
The massive order to be taken would be if GJ drops to 152.809 on 1m and closes at or below that price before moving up the 153.225 tp. I will be shorting for about .8 lots should it be reached.
@GJscalper I've turned a new leaf. No more trolling.
