I have a target price of 2634 but it is taking a long time, just about a doji on the 30 min. I might just settle for the ten pips I have.
well done!
90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #446,121
- Dec 2, 2016 5:35am Dec 2, 2016 5:35am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
well done!
- #446,123
- Dec 2, 2016 6:00am Dec 2, 2016 6:00am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
"try to think in both directions"
Huh??
Just a thought...at the current price level, I don't know that even a really unfavorable NFP report, one that slammed Gbp/Usd down 100-200 pips, would be sufficient to put bears back in control, since that would only put the market back to around 1.2450, not even negative for the week, and still above price levels that would definitively signal the probability of the market working substantially lower. In fact, if I didn't already have a position in this market, I'd think that I would view a sudden shove back down to the 1.2420-1.2500 area as a good opportunity to get long.
Huh??
Just a thought...at the current price level, I don't know that even a really unfavorable NFP report, one that slammed Gbp/Usd down 100-200 pips, would be sufficient to put bears back in control, since that would only put the market back to around 1.2450, not even negative for the week, and still above price levels that would definitively signal the probability of the market working substantially lower. In fact, if I didn't already have a position in this market, I'd think that I would view a sudden shove back down to the 1.2420-1.2500 area as a good opportunity to get long.
Writer, currency trader, madman
- #446,125
- Dec 2, 2016 6:33am Dec 2, 2016 6:33am
- Joined Mar 2016 | Status: Trader | 6,389 Posts
{quote} looks like you got the target! well done!
- #446,126
- Dec 2, 2016 6:37am Dec 2, 2016 6:37am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Does anyone remind the reasons (if any) for price to move back from these levels in the middle of November?
The calendar had nothing during those days.
The calendar had nothing during those days.
90% of traders use TA, indicators and prediction
- #446,128
- Edited 7:07am Dec 2, 2016 6:54am | Edited 7:07am
If you are going to say it, DONT BECAUSE I AM WELL AWARE. 
My set up is:
BULLISH: 1st order buy @ 1.268 TP 1.2735
BEARISH: 1st order sell @ 1.2557 TP 1.2502
Which ever trade is triggered first I will cancel the remaining BULLISH OR BEARISH order.
Which ever trade is triggered first I will set a 2nd order.
BULLISH: 2nd order sell 1.2648 TP 1.2593
BEARISH: 2nd order buy 1.2593 TP 1.2648
I will then just work the pattern Into profit.
Close all at TP.
Images.
Blue lines 1st orders bullish bearish
Red lines 2nd orders bullish bearish
My set up is:
BULLISH: 1st order buy @ 1.268 TP 1.2735
BEARISH: 1st order sell @ 1.2557 TP 1.2502
Which ever trade is triggered first I will cancel the remaining BULLISH OR BEARISH order.
Which ever trade is triggered first I will set a 2nd order.
BULLISH: 2nd order sell 1.2648 TP 1.2593
BEARISH: 2nd order buy 1.2593 TP 1.2648
I will then just work the pattern Into profit.
Close all at TP.
Images.
Blue lines 1st orders bullish bearish
Red lines 2nd orders bullish bearish
FREEDOM IS SECURITY.
- #446,132
- Dec 2, 2016 7:45am Dec 2, 2016 7:45am
- Joined Feb 2012 | Status: Trade like Water | 3,403 Posts
it is going to break ichimoku cloud.
future cloud showing changing trend.
future cloud showing changing trend.
Let Market Tell You
- #446,135
- Dec 2, 2016 7:52am Dec 2, 2016 7:52am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #446,136
- Dec 2, 2016 7:59am Dec 2, 2016 7:59am
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #446,138
- Dec 2, 2016 8:10am Dec 2, 2016 8:10am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
are you sure fontu never heard of a camel pattern for ref I found an icon
I say $ bearish
I say $ bearish
not bad a camel pattern , mouth to try push more up before the seeing for ground water level. take care , fontu {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
