Starting it off.
Al
MA
MarcinO
Rep: 67
Posts: 5,506
The funny thing is that Spetember contract for the Pound is priced over 50 pips above the spot market.
Very interesting.
Very interesting.
MA
MarcinO
Rep: 67
Posts: 5,506
4 hours of perfect sideways action...
Two dynamic days in a row would be too much in this manipulated market....
Two dynamic days in a row would be too much in this manipulated market....
RA
rat89
Rep: 0
Posts: 7,015
gld 5 - notated - the pink lines were the retrace area of the rise up off 122.28, price reversed hard up to the upper line, and fib. Short trade went line to line, and beyond...don't get greedy, take each trade as it comes
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
rat,
Cool trade.
Al
Cool trade.
Al
Originally posted by rat89
gld 5 - notated - the pink lines were the retrace area of the rise up off 122.28, price reversed hard up to the upper line, and fib. Short trade went line to line, and beyond...don't get greedy, take each trade as it comes
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
gld 60 – there was a long setup fib wise and median line wise, at the 121.97 low, and then at the retest at the blue arrow. The bounce got hit hard after the high on opex Thursday, which coincided with a strong dollar. The green set is now broken, and so is local support. A .382 – .50 bounce from this morning’s low would put it at a retest of the breakdown line…
Click image for original size
