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If any one followed on important levels, we had 2 perfect one: EUR/USD @ .4023, perfectly rebounce for 100+pips
and NZD/USD for 70+pips…has to go 100+pips, because it’s a 4HR. tra
on Cable we were short for 10pips
I will post important levels before Frankfurt Opens
I am entering on Sell @ .5910 with 25pips stop and thinking about 100+pips limit...
My Stop Moved @ Break Even, Limit Still Open...
Trade Closed
Today i see gu retracing upward before NF news…very hard for me to beleive we break 5706, this low on D1 without momentum…so a resistance at around 5760 and key levels at 5800 and 5850 … if we break D1 low early euro session we will fall to 5640 as my h4 t/p level…To add to my thinking for today…a long from 5706 which is d1 low with a 10 pip stop to the first resistance i pointed out and a short off the upper levels would be a good trade….i will post what the rsi is telling me when we get to those upper
VFL .5760 & .5850
Hi can you post your screen from yesterday trade. Regards.
Hello Every one,
There is overview on Cable:
Looks like we will have a slow euro session that will chisel out a bottom for us to take us into US session going long…I think early trading will be ranging as there is no news. A good note is that GU had a bounce at 123% hitting 1.5535 so we could see a bottom for todays trading day…So going long from the low range with a minimal stop loss and a t/p at our resistances which are at 1.5608 and 1.5640 levels would be a good trade….Happy trading
Hello every one, I entered on Buy just on bottom @ .5664 with 32pips stop...planning to add another one @ .5640-42 with 15 pips stop...limit 60-70pips...should be good one...
I moved my stop to break even @ .5664...