it does look like GU hit the wall @ 786 and ML confluence around 50 area. image

The WoRmHoLe

got out of my GU and GJ longs loonie is a keeper with tight SL looking for oil inventories release to kick start the trade in the right direction (south). PA on GU was fading out so I didn't want to take chances, looks like a very weak spike up and ...

The WoRmHoLe

Im out of all trades for today, closed GU @ 44 and GJ @ 18, up for the day overall however very dissapointing day as well, very slow PA and not much direction offered. I will keep USDCAD short and update you guys when possible. Total daily: EJ (-20) ...

High velocity trading

Yeah if I was trading for a bank, I can prolly have Sl that wide. image

The WoRmHoLe

Nav bro it could for sure, still daily range is out almost and dollar is strong still, so need something major to clear 6300 level now. I'm getting out and will call it a day unless PA indicates good reversal @ 60-80 with RSI conf.

The WoRmHoLe

Charles seriously 60-80 upon testing looking good for shorts, bankers zone reversal.

The WoRmHoLe

good one mate.

The WoRmHoLe

so far so good GU and GJ looking for an exit soon. GU might reverse short need to test 60-80 area first though.

The WoRmHoLe

Charles not to forget the data release in 3 minutes.

The WoRmHoLe

GU can be shorted, however first needs to trigger that PRZ @ 60-70 and see how that works out with RSI BAMM convergence, if it does shorting GU sounds like a good plan actually. meanwhile Im long from 90 and looking to exit @ 60

Cable Update (GBPUSD)

come on dragon 30 more pips to go and we are golden! Sorry guys, just hate it when things kinda slow down to that extent. data release from US in 30 minutes so that's prolly part of the reason for a major slow donw and undecisivness.

High velocity trading

Some good moves expected on loonie due to crude inventories data release later on the day. Hopefully it's gonna support my short.

The WoRmHoLe

786-886 where GU tends to reverse kinda frequently.

The WoRmHoLe

I prefer this for intraday on GU, it kinda describes PA better on LTF. get out of that long at bankers zone image

The WoRmHoLe

well Im getting out of my GU and GJ long once GU hits 60 so any other upside Ill leave it for the next day. still reversing if we can't clear 80 does sound like a good plan.

The WoRmHoLe

Man I thought you were talented like that dude fibonacci, so you could decipher my code.

The WoRmHoLe

6260 is up next, and also it depends on the timeframe on m15 maybe on H1 and H4 definately not.

The WoRmHoLe

that GU needs a turbo booster, taking for ages image

The WoRmHoLe

100 pips below WP. gold broke above 1525 and @ 1528 good chance it's targeting 1550 now, that would mean eu can push higher.

The WoRmHoLe

im long from 90 and looking to exit @ 60, holding GJ long as well sl @ be.

The WoRmHoLe