is the Head and Shoulders still valid ?
if so , will it hammer down 1251 forcefully ?
or will 1251 be a solid support for launching up ?
if so , will it hammer down 1251 forcefully ?
or will 1251 be a solid support for launching up ?
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Disliked{quote} That's means , We might look into a big red candle by tomorrow or ? ( Please forgive me , I am new not only to forum but also to trading so might ask a lot of question through =D )Ignored
Disliked{quote} no problem. you'll soon get up to speed altho' you might not always get a quick reply if the market is busy! what i meant was a big red candle (a drop) in M5 (5 minute chart). That has not happened as expected, which i interpret to mean there is not the same selling interest as before. The decline may be over. We have to check our own and others' charts for clues as to what's next... edit: well the 62% Fib was not struck, so a drop may still happen, but PA seems to behave differently now...Ignored
DislikedSell on Rumour, Buy on news? Gold might surprisingly rally post the resolution of debt issue !!! Buy @ 1280, SL 1260, TP 1315 - resistance break on 4HIgnored
Disliked{quote} Really BUY @1280? Res. is @1285.4, so I recommend Buy @1286 SL 1278 TP1 1298, TP2 1307 ;-)Ignored
DislikedGold HAS been rallying today because no deal has been completed as yet. What do you think it will do when and if a deal is done? The reverse, more than likely.Ignored
Disliked{quote} If it has been rallying what would the reverse be? Hint: {image}Ignored
Disliked{quote} Really BUY @1280? Res. is @1285.4, so I recommend Buy @1286 SL 1278 TP1 1298, TP2 1307 ;-)Ignored
Disliked{quote} If it has been rallying what would the reverse be? Hint: {image}Ignored
Disliked{quote} Sorry SunTrader , I am a new trader Rallying means going up . If it's then reverse will be when they done the deal . =]Ignored
Disliked{quote} leedicky, you can save yourself a lot of misunderstanding and questions by doing the free course at babypips.com it explains all the concepts and jargon as well as giving you some basic knowledge you wouldn't easily "get" from reading the news and forums. Altho' i've been trading for a few years i still refer to that site when i need basic trading information.Ignored