MA
MarcinO
Rep: 67
Posts: 5,506
My favorite level for a Cable to roll over off is 1.2690 (a classic 4PT), with alternatives at 1.2660 and 1.2715.
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Cable stopped earlier than I expected - at 1.2620, which was only a minor area for me.
It looks ready to drop, but of they don't do it today, I beliew my higher levels will come to play on Monday.
So far it's pretty s#!^^y day with 65 pips range only. Statistically, the chance of such a low range for the Pound is less than 10% (based on data since 2001), so I still count on some drop.
My levels are 1.2490, 1.2450 and 1.2380 wide region.
It looks ready to drop, but of they don't do it today, I beliew my higher levels will come to play on Monday.
So far it's pretty s#!^^y day with 65 pips range only. Statistically, the chance of such a low range for the Pound is less than 10% (based on data since 2001), so I still count on some drop.
My levels are 1.2490, 1.2450 and 1.2380 wide region.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable stopped earlier than I expected - at 1.2620, which was only a minor area for me.
It looks ready to drop, but of they don't do it today, I beliew my higher levels will come to play on Monday.
So far it's pretty s#!^^y day with 65 pips range only. Statistically, the chance of such a low range for the Pound is less than 10% (based on data since 2001), so I still count on some drop.
My levels are 1.2490, 1.2450 and 1.2380 wide region.
It looks ready to drop, but of they don't do it today, I beliew my higher levels will come to play on Monday.
So far it's pretty s#!^^y day with 65 pips range only. Statistically, the chance of such a low range for the Pound is less than 10% (based on data since 2001), so I still count on some drop.
My levels are 1.2490, 1.2450 and 1.2380 wide region.
AL
albert
Rep: 99
Posts: 3,094
OPK on 1 min TF. This is all I got this morning.
Al
Click image for original size
Al
AL
albert
Rep: 99
Posts: 3,094
NEM on the 5 minute TF. After the open, it looked like NEM met resistance at the 8 and 20 mas, on the 1 minute. and on the 5 min TF, resistance at the 34 and the 200. Note Bearish 50 X 200.
Al
Click image for original size
Al
DU
Duane
Rep: 100
Posts: 1,095
Originally posted by albert
NEM on the 5 minute TF. After the open, it looked like NEM met resistance at the 8 and 20 mas, on the 1 minute. and on the 5 min TF, resistance at the 34 and the 200. Note Bearish 50 X 200.
Click image for original size
Al
Nice trade Albert
AL
albert
Rep: 99
Posts: 3,094
Originally posted by Duane
Originally posted by albert
NEM on the 5 minute TF. After the open, it looked like NEM met resistance at the 8 and 20 mas, on the 1 minute. and on the 5 min TF, resistance at the 34 and the 200. Note Bearish 50 X 200.
Click image for original size
Al
Nice trade Albert
Duane,
Thanks. Actually I did not trade that one, darn it. I thought the chart showed some of the things that I look for when trading. I am trying to move my 20/20 hindsight to foresight. : )
Al