Look GU chart
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Look GU chart
Forexmospherian
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Hi Raja
Correct after 7 10 am on GU the European Open started with sells on the GU
We have Pound news on at 9 30 am - so this is part of amarket manipulated move set up
Only look at buying more over 4415 and 20 + as under 4400 favours going bear
Supports at 4480 and 4460 areas
Have a good day
Fantastic its going toward 4360
Forexmospherian
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OK Sun
Lets look at this trade you took
I want to now why you sold in a scalp buy from 86 ??
It only made 93 and 92 was then a sell again
Sorry to have to say - 88 was a scalp buy price not a sell at the time you took it with PA saying up and scalp Lrs saying up
After we got to 92 - then a doji and 8 20 am said scalp sell with PA and Lrs - but unless we go under 84 and 79 - dont hold
Please dont rush in scalps atm - you are out of sync - but we will get your right again
Peter
Well Done Sun
Relax - and dont rush into next trade
I guess I rushed. Well I thought I will move more further down. But now its stopped moving.
I need to work on pullback. How far retracement is a pullback or how far it's not.
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Our posting is very slow here..
Ok, I took the sold at 86 because, I thought that 2 candle before made the pullback so I can enter now.
Looking at the PA right now its in the range. Probably a BTTZ zone. :?:
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EA
8 30 AM Update
It did the 100 pip drop from 6 09/ 10 am and my scalp sell
5512 / 15 maybe the first clue that things would change
Under there still a sell with low and SUPPORTS at 5450 / 60 area
8 30 AM Update
It did the 100 pip drop from 6 09/ 10 am and my scalp sell
5512 / 15 maybe the first clue that things would change
Under there still a sell with low and SUPPORTS at 5450 / 60 area
Forexmospherian
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Did you see the scalp Lrs under price and the candles though ??
4380 is supports and 84/5 is trying to hold
Unless we make over 95 and 4400 though we cannot stay with any scalp buys over 84
Still just about in up trend though
hi Forexmospherian, you are absolutely correct but i am only scalp for 20 -30 pips a day. thats why i am looking only those pips. i know the major trend is up.
regards Raja
Forexmospherian
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Thats good than Raja - and I dont blame you having a nice target of 20 -30 pips and once you make it - then relax and study and learn more etc etc
I think on the GU - if we do make under 4380 and 4360 - then we go session bear bias
Above 4415 favours back up etc
GL and Good Trading
Regards
F
Good point i missed that. Thank you for rectifying my mistake.
I got one buy trade from 93 which i closed at 97. For obvious reason, old interim bottom.
But to buy more with confidence, instead of 4400, how about 4410?
4410 is above all longer LR.
Just want to know that my reading is right or wrong.
Regards
Sun
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AU - For AM session
I dont normally trade the AU every day - prefer Euro crosses and GU
This morning though with EA being bearish - by rights AU should maybe be bullish
And it as been from 6 00 am
Missed a lot of that action though - but a perfect one for SUN
Would be good to see your new AU chart with 450 Lr highlighted on AU Sun
Here's mine
I dont normally trade the AU every day - prefer Euro crosses and GU
This morning though with EA being bearish - by rights AU should maybe be bullish
And it as been from 6 00 am
Missed a lot of that action though - but a perfect one for SUN
Would be good to see your new AU chart with 450 Lr highlighted on AU Sun
Here's mine
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Forexmospherian
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That's good Sun
I generally add a bit so I favour over 4410 and 4420 - 4420 is a R area
We have to allow for false play just going over 4400 and then a big reverse - as the market makers know all out thoughts and so will try and trick
Yes play safe and only scalp buy on pullbacks etc - not at top of candle moves up etc
I do agree with you loads of R and Lrs up to 4412 area - could stop the move up
You now know - under 4380 and 60 - sells
Over 4415 favours more buys after a pullback
Over 4425 and 35 easier as back to bull buy land
GL
Forexmospherian
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With Pound news 40 mins away - will check out pound crosses next - GJ and GA as well as GU
Forexmospherian
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AU rising still and EA testing low again - nice opposite negative correlation atm
I dont normally trade the AU every day - prefer Euro crosses and GU
This morning though with EA being bearish - by rights AU should maybe be bullish
And it as been from 6 00 am
Missed a lot of that action though - but a perfect one for SUN
Would be good to see your new AU chart with 450 Lr highlighted on AU Sun
Here's mine
Here is my AU chart: All yellow are longer LR
Forexmospherian
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Sad now - just looked at GA and it been a great sell after EO - missed the blooming lot
Will post a chart as lovely set up on bias
Need more monitors - ;-) -
I need to keep telling myself - dont try trading 6 -8 pairs intraday - you will get an headache and stress etc etc
Will post a chart as lovely set up on bias
Need more monitors - ;-) -
I need to keep telling myself - dont try trading 6 -8 pairs intraday - you will get an headache and stress etc etc
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