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Abeylyn replied Nov 14, 2024So sorry for the issue with your computer. I understand that can be seriously disturbing. Hope it's fine now.
Coreg's EW+HP+D/W Range
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Abeylyn replied Nov 13, 2024image Good day friend and buddies. GU has broken the previous day low though operating on a new layer of daily support. Looking to short at pullback to 0.750/0.618 and Takeprofit at Current daily low. Scalping Intraday is the best option for ...
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Not really sure the support level can be broken. Current down move from insignificant zone traded as Intraday scalping. Need for a pullback to at least 6.18% to create a gap before any of those support can be penetrated. Another layer of daily ...
Coreg's EW+HP+D/W Range
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Abeylyn replied Nov 13, 2024Takeprofit activated @ 51 pips profit. It's a scalping trade and cannot be left overnight. The entry zone is also a less significant zone.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Buddy, In a simple language, I see it as inability to break established daily high. Basically, it is market structure. Nothing special. Coreg2004 call it a Bearish Flag Pattern.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024For me, it's just either zigzag or triangular formation counted in my own way .. Different process but same result. However, I will research tutorial on bullish/bearish flag to enrich my knowledge.
Coreg's EW+HP+D/W Range
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Abeylyn replied Nov 13, 2024image Updated status. Risking todays profit to make more......
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024The most important issue here is Risk Management. Anybody can have it . Bull or Bear.. Not yet huruhu for any side.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Exactly. Minimum target 1.2830. I believe this theory is not really documented anywhere in the books but trader can use real life experience to key in.....
Coreg's EW+HP+D/W Range
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Abeylyn replied Nov 13, 2024Yeah! the 61.8 daily is a strong support level with higher chances of retracement trying to play out atm.
Coreg's EW+HP+D/W Range
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Abeylyn replied Nov 13, 2024Hello buddy, Why did you insist on long atm. Can you pull up a chart to show your thoughts ? Thanks.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Yes, I have similar thoughts as well but our timing for entry is different. That is expected to happen only if the current daily high is broken to the upside, then I will look for opportunity to buy. Thanks Please, check your PM.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Can you please support your thoughts with a chart ? Thanks
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Hello friend, Will you like to share your thoughts on the chart ? Thanks.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Moty, please it's important you trade your strategy so that any contrarian trader can learn when you are successful. If you fail, it doesn't mean anything . It's a matter of risk/reward analysis and ability to react to changes spontaneously. What's ...
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Pat, this is a long term direction. Usually, there is the need to form zigzag before getting to this point. But you may also be correct. Nice day trading.
Cable Update (GBPUSD)
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Abeylyn replied Nov 13, 2024Looking to Short GU aswell @ 1.2737. All I see on my desk is Short for now. Risk management is key. Have a nice pipping day friends and buddies.
Cable Update (GBPUSD)