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pkimnyc replied Oct 29, 2008would have waited for confirmation.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
agreed. that's another possibility. i'm flat now. just be careful.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
lock your profits if possible. there might be 1 more spike up though.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
watch out for the wedge shape it's forming on 1 and 4 hr chart guys. bulls are finishing it's pattern, i think. possible drop to 151.xx. closed all longs. will be looking for short entry.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
that's the probability i'm looking forward to see it played out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
sorry for not being able to post a chart with it. please understand. i'm near by my boss.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
check out the possible rising wedge in developement in 1 hr chart (if i'm right). shorts will come into play definately to retest the low. (favoring new low) but i think it will play out after completing the pattern.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
that's why i didn't short it. can't hedge.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
already did that. nothing to worry here.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
could you post a link where i might get any info of how to read volume or recommend any book? thanks in advance.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- pkimnyc replied Oct 29, 2008
try this. url would like to strongly recommend you to practice on slower moving pairs first, before trading the beast. good luck.
Auslanco - GBP/JPY and GBP/USD (newstrade)
