Starting it off.

Al

al, my gs

first target

Yesterday's LOD at 1.3177. I wonder if British labour market release today at 4:30 AM (EST) will send it considerably higher.
Right now long position seems worth trying.

Originally posted by MarcinO

Finally close to 1.3180. It paid off to wait patiently.

Price action gives some more signs of reversal, but data release in 20 minutes will give key insights.

Tricky price action. Upside swing on data, than come back almost to yesterday's LOD, but I keep long position.
Recenntly Cable has a tendency for double/triple tops/bottoms before the real reversal move.

And I was wrong.
The next levels down are 1.3145 and 1.31.

Paper trading ABT. ABT had a nice opening today. I believe ABT beat earnings estimate in pre-OPEN earnings data release.




Al :--)

I had a hunch on UNIT and made a little on the OPEN popup. I am trading very defensively, so I exited the trade very quickly. UNIT has interesting larger timeframe charts. I am starting to pay more attention to patterns like triangles, wedges, etc.









Al :--)

if price fails to hit the median line target, it's likely going back to the lower line, if not lower:

another failed bull setup: