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- craiggary replied Apr 22, 2016
Sell on the 50% 3 wave retracement. Bit risky at the start of the session. Hey you only live once right :-)
Cable Update (GBPUSD)
- craiggary replied Apr 22, 2016
I think that was a Peck your aunty on the cheek at christmas kiss. All the evidence I'm seeing gives me strong conviction on a retest of this trendline to finish the D of the triangle. 123.6 A Vss C is very close to it. Nice bearish candles, looking ...
Cable Update (GBPUSD)
- craiggary replied Apr 21, 2016
My TP Just got hit. I'm now short for the ride back down.
Cable Update (GBPUSD)
- craiggary replied Apr 21, 2016
If your trading Demo you need to make the Pain of breaking your rules real. Only way to do that is to make yourself do something you hate every time you break your rules and loose money. Cold Showers work well.
Cable Update (GBPUSD)
- craiggary replied Apr 21, 2016
I agree, and i expect it to drop against Yen and Swiss concurrent.
Cable Update (GBPUSD)
- craiggary replied Apr 21, 2016
Hey there I get where your coming from with the "ripe for a long" Idea. I wouldn't choose the USD as the opponent though. I've got the US Dollar Index at the bottom of Wave B of an Intermediate Wave 4 Triangle. I expect the US dollar to be at the ...
Cable Update (GBPUSD)
- craiggary replied Apr 20, 2016
I'm off to bed down here in Aus. As Long as Price doesn't break above my Yellow "A" Then my Triangle is intact. It it does I'll take my .5% Loss on the chin and come back to fight another day. Wish everyone the best. Craig.
Cable Update (GBPUSD)
- craiggary replied Apr 19, 2016
Let's see what happens now. What may happen is a quiet asian session. A push up to the 100 Day MA aprox 1.4450 in London Daybreak and then start Wave D Decline.
Cable Update (GBPUSD)
- craiggary replied Apr 19, 2016
Thanks Sammih; Looks like your having a great week; keep up the good work friend.
Cable Update (GBPUSD)
- craiggary replied Apr 19, 2016
Finishing Stages of Wave C of Wave 4 Triangle. Elliot Wave Perspective Craig.
Cable Update (GBPUSD)
- craiggary replied Apr 17, 2016
My understanding is if you have $1000 US in your acount and you trade 1 Micro Lot your Leverage is 1/1 so 10k 1 Mini Lot is 1/1, and if you have 100K in your account (I wish) then 1 Full Lot is 1/1 Leverage. And you can work out your leverage from ...
anyone need help?
- craiggary replied Apr 17, 2016
Hi Guys I had trouble getting a count on this pair. And then i realised it was because i had a long bias. When i opened myself up to the idea of a short the count came really easily. NZD CPI 0845 18/04 Sydney Time
AUDNZD
- craiggary replied Apr 8, 2016
Hi Personally i would recommend "Attacking Currency Trends" by Greg Micalowski I would recommend you learn as much as you can about basic chart patterns like Head and Shoulders, Double top's and Bottom's, Rising Wedges, Triangles, bull Flag's, Bear ...
anyone need help?
- craiggary replied Apr 1, 2016
image I think your analysis is solid, and given the abysmal results of Global Dairy Trade of recent months i especially like the idea. However forgetting about that. The price action has now broken higher and all hopes of this triangle are dead. I ...
anyone need help?
- craiggary replied Apr 1, 2016
Hi BM Trader When you see the price consolidating and the price Action getting tighter as you can see in your chart. It's like a spring coiling up, getting tighter and tighter, building energy. And then CABOOM. This is often what happens after a ...
anyone need help?