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Sammih replied Sep 13, 2016will 3255 be broken by the 4hr at the top of the hour?

lots of support 3255 3245 3225 but below that is clear watersCable Update (GBPUSD)
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Sammih replied Sep 13, 2016I am playing this set up. A short term down trend as indicated by the magenta lines. Wave one retraced to 61.8 level(blue fib) before extending to 161 level. This wave has retraced to level 23.6, I expect it to extend to at least level 123.6 and ...
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Sammih replied Sep 13, 2016Still bullish until we break low of 3066, but I have a short set up, that's why I'm in short for now
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Sammih replied Sep 13, 2016Trade one SL hit. Added Long at 3290. Will abandon ship if price closes below 3278
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Sammih replied Sep 13, 2016Yours is simple interest, Hal is compounding his profits
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Sammih replied Sep 13, 2016remember what happens when you walk em dogs with open positions
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Sammih replied Sep 13, 2016I agree with Lock on this one. If I may, let me recommend the books I have used, two of them, read cover to cover: Technical Analysis of the Financial Market by John J Murphy Technical Analysis: The complete Resource for Financial Markets ...
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Sammih replied Sep 13, 2016When I started out back in 07, I exclusively traded the EU on a 30 mins TF. I had mixed results, I blew up countless accounts, over a long period of time. I read that the higher TFs are better and I could not for the life of me contemplate trading ...
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Sammih replied Sep 13, 2016The actual way to trade it is to trade on break out of previous days range. I trade at close of candle. 138 level I'd say 70% , 161- 50%
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Sammih replied Sep 12, 2016I get your point. Unlike you however, I'm bullish on this market, I think 3420 could be hit today. I'm using daily range for the pair to make that estimation, I think the lowest we could get today without turning bearish for the day is 3300. That ...
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Sammih replied Sep 12, 2016Doubt it will get there today, but tomorrow, i think a bullish day would make that a definite
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Sammih replied Sep 12, 2016Here is my set up, excellent buy would be a break of swing high, triggered on retest of that resistance turned support
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Sammih replied Sep 12, 2016I think that level will be hit, maybe 100 pips more Added long at 3305
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