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- Siame replied Aug 18, 2021
I'm looking at price getting to the FPV level before a BEARish continuation. However, if we do get a break and close above it (.700), I may consider opening a new BUY position.
- Siame replied Aug 17, 2021
I'm ready to BUY at these levels (.500/250). Expecting a bounce soon.
- Siame replied Aug 17, 2021
I've CLOSED these positions at a loss, as it appears BULLs are losing 1.38 with each dip. I've also repositioned for a SELL setup with the formation of a BEARish block. SL is just above 1.3800.
- Siame replied Aug 17, 2021
With BEARS gaining more grounds, we may need to see a break above .500 to resume a BULLish rally. If we get a BULLish block formed (at 1.38300), I may be interested in a sustained rally. Overall, I'm tilting BEARish.
- Siame replied Aug 17, 2021
I've taken a quick BUY on this dip because I expect some BULLish defense within this 1.38 zone before any BEARish takeover. Target is at Previous Day's Low.
- Siame replied Aug 16, 2021
I've taken SELL positions with the fail of BULLs to hold price above Previous Week's High. The Day is not yet over, so it's still possible to push price back to those Highs, hence the need for a SL just at the Highs. If the BEARS continue to keep it ...
- Siame replied Aug 16, 2021
We should still see a formation of a new BULLish block before a downward move, coupled with price above the FPV price point. A Close below 1.38300 invalidates this BULLish idea.
- Siame replied Aug 16, 2021
I've taken a BUY position on the Cable, expecting a retest of Previous Week's High. With the mid-number (.500) still defended, we should see 1.39. SL at 1.38300
- Siame replied Aug 13, 2021
Aggressive move there by the BULLs. I didn't get the expected rejection to Buyback. I'll be taking a SELL position if we get to .750 (very unlikely) before the London Close.
- Siame replied Aug 13, 2021
If the BULLish Block is formed (at .300), I'll be looking for retraces to renter a LONG with Targets at the mid-number (.500). A Close back below Previous Day's Low invalidates this BULLish idea.
- Siame replied Aug 13, 2021
Didn't get the second fill. However, I'm folding this position at the FPV. A break above this price point (above .300) should confirm my bias on a start of a BULLish move back to .500
- Siame replied Aug 13, 2021
With Previous Day's Low swept, I'm looking to enter a BUY position at the 1.38 Zone with mild Target at .500/600 Zone. Expecting the 1.38000 Zone to be a well-defended Demand Zone to resume BULLish. SL at 1.37800
- Siame replied Aug 12, 2021
Got stopped out of my BULLish position. With the formation of a new Bearish Block and also with price below the FPV, I've flipped Bearish with Target at 1.38150
- Siame replied Aug 12, 2021
Clearer from this point. Looking BULLish.
- Siame replied Aug 12, 2021
What I'm hoping to see is a test of Previous Day's High with Target at 1.39. However, with this current momentum, I think I may have missed the train. I've placed Limit Orders if we do get a retest of the mid-number (1.38500). I'll flip to a Bearish ...
- Siame replied Aug 9, 2021
I've closed my positions here. Looking for a retrace to reenter for 1.39
- Siame replied Aug 9, 2021
Stopped-out at the Mid-number (bad idea for stop-placement it seems). Placed a BUY-Stop in the event that we get that close back up Friday's Low.
- Siame replied Aug 9, 2021
My decision is informed on the test of Previous Week's Low. Expecting a move to the 62% Fib retracement which coincides with the 1.390 Zone. A move back below these Lows voids this Bullish Idea.
- Siame replied Aug 9, 2021
I've filled a BUY position expecting a retest of the 1.39/.050 level. Stop just at .38500
- Siame replied Aug 6, 2021
Need to close above Previous Lows or 1.38500 may just be the next zone.