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- archang3l replied Sep 16, 2008
Day Three — Cable made a small descending triangle breakout earlier. Looks like price might retrace. Gonna observe if it will retrace and how far. Too much noise in M5 lately. Gonna observe on M15 and H1. If it retraces, trend continuation ...
- archang3l replied Sep 16, 2008
Price created a swing low at M5 but there's also a double bottom. Placed a sell stop 1 point below the low. TP 3points above 123.6% fib level from the top. SL above swing high. Price seems to have halted at the 50% fib level. Indecision.
- archang3l replied Sep 16, 2008
Exit at 1.7942. Oh well, better than a loss. Confluence of central pivot, psyche level and TL was strong.
- archang3l replied Sep 16, 2008
Bought at 1.7927. TP at 100% level. SL below the swing low. possible risk zone is confluence of central pivot and psyche level @ 1.7950
- archang3l replied Sep 15, 2008
Day 2 Start — Current chart perspectives:
- archang3l replied Sep 15, 2008
Account Update — 9/15/08
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