Disliked{quote} Im on the sidelines again bud, i wanna see what 1492 does now, H4 sellers have done their Job and pushed it lower, but if it fails to close below 1492 its going to head back up mate....Ignored
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Disliked{quote} Im on the sidelines again bud, i wanna see what 1492 does now, H4 sellers have done their Job and pushed it lower, but if it fails to close below 1492 its going to head back up mate....Ignored
Disliked{quote} Top of channel was recently reached though last week, it's possible that we see a bottom test at 1450 before a move up, market seems to be waiting some major developments with US/China or Brexit to take a direction.Ignored
Disliked{quote} are you mainly looking at 4HR closes or D1 closes below these levels?Ignored
Disliked{quote} Good point. However, trade war truce, tariff may not be lifted. Trump just delays it and buy time for an upperhand in deal discussion. Furthermore, another beginning of financial war between US/China is bracing. US wanna restricts government old-folks retiring fund to invest into China stock market. The uncertainty of Brexit has been dragging UK economy into the deep valley. Short term wise I don't seems to sharp recovery beyond 1.330. The fundamental don't support it.Ignored
DislikedFund managers bought alot at 1479+-. We may see 1500+- prior to another drop. Right now the price is very much constrained by the bull flag formation.Ignored
Disliked{quote} Thanks for the heads up, i would have thought the little bit of news today would have helped it get going abit..... Will stick around and see how it closes today and look at the Asia open today and see how price begins to fair, Hopefully we can get some decent moves thereabouts {quote} Which time frame in particular are you referring to?Ignored
DislikedGood point. However, trade war truce, tariff may not be lifted. Trump just delays it and buy time for an upperhand in deal discussion. Furthermore, another beginning of financial war between US/China is bracing.Ignored
Disliked{quote} I don't think we can count our chickens before they hatch on the US/China trade war. Both sides (although more the US) can be a bit flexible and change positions on a dime if anything doesn't appear to be going in the desired direction. How many false starts / coming soon moments have we had so far in this trade war?Ignored
DislikedBit of a subdued trading day to day, Tight Range and not much in terms of the daily range so the intra day numbers for Tuesday will be somewhat similar as todays figures. There is some indecision as the H1 has now flipped bullish to neutral but its capped in the H4 Sell Zone. Abit more volatility should give more clarity and direction in terms of where price is headed, till we get a clear breakout, will look at taking partial profits along the way and trailing tightly...alternatively, we wait on London open for more volatility. H1: Neutral to Bullish....Ignored
Disliked{quote} 15/10/19 Bit of a subdued start to the week across all the sessions. The only change thus far in terms of our zones and levels is the H1, it has flipped bullish and the first point of resistance that price needs to overcome is the 1497.80 handle, till then we can keep selling the handle as it coincides with the upper band of the H4 sell zone and look to buy dips from the lower band of the H1 buy zone. The daily close above 1485 still keeps bulls in control as the daily support lies at the 1485 handle, so while price is consolidating, we...Ignored
Disliked{quote} I am hedging this pair till clear direction is out. Btw, anyone know when the IMF world growth outlook will be out today? Base on NY time.Ignored
Disliked{quote} Lols, Im buying low and selling high, small lot sizes so no hedging... Lets see what LO does, there will be more clarity in terms of the bias for the day. At this stage i dont care where it goes, it must just move... Currently long now again Long 1491.88 SL 1480 TP Open NB: Small lot sizes till we have more clarity . Trade safeIgnored
Disliked{quote} I alight the shorting train and board the longing train now. Target and SL remain the same.Ignored
DislikedHeres what id like to see: to buy more dips with normal lot size 1. London Buys, confirming H1 Buy Zone as valid 2. Current m5 structure holds its shape with the head not being invalidated 3. M15 also plays out the M5 structure and we get a close above 1492.31 Interim stops would then be placed a couple of pips below the head structure, invalidation of this pattern pushes us lower than the weekly open and gives H4 sellers strength... Just food for thought {image} {image}Ignored
Disliked{quote} also worth keeping an eye on UJ.....been moving up nicely off the h1 50 for the past week.....but its at a double top on the daily. If it rejects, gold will shoot.......and vice versaIgnored
Disliked{quote} Totally, lol, youre opening the scope of discussion now, i plotted the UJ chart with this systems settings, and look at what the D chart is showing, so in line with your train of thought, and correlation factors, so long as UJ remains capped by the D1 200 EMA on a daily closing basis, we can expect Gold to look north, but in line with this consolidative phase that most risk averse markets are in, the D1 chart on UJ is flipped Bullish and we can see that the Buy ZOne isnt all to far off, so any rally in Gold may also be limited........For...Ignored
Disliked{quote} oh dear - am i in trouble!? Yep - big bull flag on UJ and currently consolidating at the double top....will keep an eye on it and see where it goes. Cheers Obi! {image}Ignored
Disliked{quote} Lols, Im buying low and selling high, small lot sizes so no hedging... Lets see what LO does, there will be more clarity in terms of the bias for the day. At this stage i dont care where it goes, it must just move... Currently long now again Long 1491.88 SL 1480 TP Open NB: Small lot sizes till we have more clarity . Trade safeIgnored