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Continuation Pin on Cable?

Hi guys,

What do you think of the pin on the H1 time-frame for cable? It is at a pivot point, but with no other confluence. Do you think this is a good place to enter if the daily pin entry was earlier missed?
 

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can you post a chart,i can,t find what you are looking at

Sorry spurs, like some others here, it's not easy for me to do these things at work. (n)

However, the funny thing is, when I came in from work ten minutes ago, checked the trade, in the blue. Had a look at the chart, and there wasn't a pin... Weird. Luckily I was £120 in profit, so decided to call it a day there and then.

Weird though, I'm 100% sure it was showing as a pin earlier today.
 
psychic 2 bar pin check out how it called the steep drop in euro.another one formed on far right now.
 

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Oil reacts from the daily divergence at the confluence resistance area indicated earlier, at one point over $6 off the highs before finding support from the weekly pivot, weekly L3 cam pivot, 50% fib of the low-high move on Friday and also the 1h 55ema.

Good hidden divergence setup on 1h now, could potentially be the re-entry point if the trend is to continue, although a 1h hidden divergence isn't a particularly high-probability setup against a strong regular divergence on the daily chart.

Interesting to note though that the market bounced from the 7/8 Murrey Math line on the weekly chart. It's been noted that a strong reaction from that line often targets the 4/8 line, which is currently drawn at $100 exactly, which would also be a psychological target if the trend ends at these levels.
 

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one for me to watch today,2 bar pin of rising support line
 

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Might be a chance to get in here spurs although I know your and my charts are off by an hour or so...

(1hr to go on this 4hr bar)

Not an ideal pin placement, may need to photoshop chart a bit before placing trade ;)
 

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jonj,ill be getting out of us cad soon,its all yours ;)
 

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Watching for a short on EUR/CHR. If it break somewhere around 16090 it could be worth it. Any thoughts anyone?

Or maybe even a long if it bounces again from the same trend?

Trying to post a pic, not very good at the techie stuff though!!!
 
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Super spurs,

Did you get out of US Cad before it plummeted? I got caught long in GBP CAD before if dropped! A reminder of the benefits of stop orders if ever thats needed...

Arf
 
Still was a very good trade that ss, every day since you put it on was an up day! Last time I looked, it looked like a daily (bear) pin could form - would be in a nice spot too, not got charts at the moment so I dont whats happened since.
 
usdcad pin. Thers only an s/r pivot thats been acting roughly as the top of a range at the nose, no fibs or anything else. Good looking pin.
I have put order in last night with Oanda.
 

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