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Cl strategy with analysis
Started Mar 3, 2010|Commercial Content|187 repliesWe use our own proprietory critical level (CL) to determine the trend and from there we do an ...
GBPUSD TRADE UPDATE Cable failed to sustain a move above WCR and has retraced quite significantly below it. However, as long as CS holds, the immediate bias remains to the upside but we have to remember that the dominant trend is down and therefore ...
GBPUSD TRADE RECOMMENDATION Consider placing a buy order @ 1.51709 with stop @ 1.49896. If Cable can get through WCR, then we could see a test of RT2 and even beyond. We will send an alert when applicable to take profits if trade is taken in. Valid ...
GBPUSD WEEKEND ANALYSIS R1 has moved down to 1.5138/16 and Friday’s candle closed above it which means we have a potential change of trend to the upside on the daily chart. If it can get above WCR and sustain momentum a bullish move will be ...
GBPUSD ANALYSIS CR became CS today @ 1.5005 which is bullish. However, this is just a bullish retracement in a bear market as long as Cable remains below R1 on daily chart. Only above R1 will daily chart become truly bullish but even then weekly ...
GBPUSD TRADE UPDATE Our buy order was taken in but since then Cable has retraced down again. However, she is still above yesterday's CR therefore the aggressive trend is still up. Stop remains as is @ 1.49558. If Cable can get through RT1, then we ...
Gbpusd daily analysis — Yesterday I mentioned that if Cable went above CR, then we can expect it to test RT1 and that’s what happened today. CR has now potentially become support if bulls can maintain their stance above CR and if that’s the ...
Gbpusd trade recommendation — GBPUSD TRADE RECOMMENDATION Consider deleting sell order and placing a buy order @ 1.51355 with stop @ 1.49558. If Cable can get through RT1, then we could see a test of RT2 and even R1. We will send an alert when ...
We use our own proprietory critical level (CL) to determine the trend and from there we do an ...