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Reverso replied Sep 12, 2022It's just 3 green candles around London Open then the market stopped doing anything lol, to some degree, I agree that it has moved around LO. Let's see what's in stock for tomorrow.
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Reverso replied Sep 12, 2022Does this count as gap filled? Or must the price revisit the last candle close of last Friday to be considered gap filled? If the answer is last Friday's last candle close, then the gap has not filled.
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Reverso replied Sep 12, 2022What gap? If you are talking about the gap when the day starts today, the gap has already been filled, price visited that empty void before moving up.
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Reverso replied Sep 12, 2022Long scenario materialized, entry 1.17035, SL 1.16504, TP 1.17833
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Reverso replied Sep 12, 2022Daily pivot is down there, signaling bullish bias, Longs only unless pivot broken. After London opened, price broke the very last resistance from last week that blocked the price from moving up, giving more validity to Long. But the bullish momentum ...
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Reverso replied Sep 9, 2022Well, this week is sh1t, end up with tiny loss, close to breakeven, but it happens sometimes, no biggie. Considering the market is not trending well, me using a trending system is not suffering any noticeable loss i think it is commendable. I hope ...
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Reverso replied Sep 9, 2022It's amazing how the price keeps trying to move up but end up getting rejected at that serious resistance, for 7 candles (M15) already. I am just waiting for a bearish engulfing to end this circus and give me more comfort on the progress of the ...
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Reverso replied Sep 9, 2022My Long got dumped by blockchain brothers and ate a SL. That resistance was in fact still valid, I should have hedged myself by adding a Short after the rejection with bearish engulfing occurred, it would have been TP by now, ending my day with -1 ...
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Reverso replied Sep 9, 2022Long scenario materialized. Entry 1.16352, SL 1.15947, TP 1.16959 PUMP IT. EDIT: the only hurdle is another resistance 1.16555 which is not far above the entry, it was support since 29 Aug and then turned resistance since 31 Aug, then price never ...
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Reverso replied Sep 9, 20221.16 broken nicely, the last M15 candle closed at 1.16174, which is also the upper end of the resistance range. Close above upper key level 1.16340 would mean the resistance is finally broken, as well as trigger a Long, I will take the Long due to ...
Cable Update (GBPUSD)
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Reverso replied Sep 8, 2022As someone has envisaged, it is going to hit 1.16, now just a hair away from hitting it. This area 1.16 happens to be a heavy resistance that blocked price from moving up since 1 Sept, if price rejects again, I will Short it, despite my daily pivot ...
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Reverso replied Sep 8, 2022What a mess indeed, quick ups and down with lots of pips, i'm staying away and come back tomorrow, direction is not clear.
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Reverso replied Sep 8, 2022I bow down to your greatness Overlord Wizard, it dumped as you envisaged, if i had taken the new trade today, i would have hit SL. My ongoing trade from yesterday saved me from entering the new trade due to ongoing trade no outcome yet. Let's see if ...
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Reverso replied Sep 8, 2022Allahu Akbar my friend, may us blessed with green pips this week.
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Reverso replied Sep 8, 2022TP hit, with Wavegarrick's blessing. Discipline is key, I am done for today, news doesn't affect me later. A TP a day, keeps your sorrows away.
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Reverso replied Sep 8, 2022So as usual you're going to assume USD news will pump USD which means GU will dump hard? This week is not so smooth, but not because i am not disciplined, but because this is the market, i have no regrets. Mon i did nothing, Tue hit 2 SL, Wed 1 TP + ...
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Reverso replied Sep 8, 2022Great, price has now closed above 1.15115, if I did not have an ongoing trade right now, this will be a trigger point for Long, it would look like the picture below. Entry 1.15197, SL 1.14720, TP 1.15917 But I already have an ongoing Long so I am ...
Cable Update (GBPUSD)