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waf_1988 replied Aug 13, 2007Tough day... The chart is still showing bearish divergence, but retracement may bound to happen... I believe, trading today is tough, maybe we need to see the next candle to confirm the power / momentum of this trend. Suggest?
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waf_1988 replied Aug 13, 2007Market's reaction is nearly slow... The value is released as expected; so, I think there'll be no need to worry about the reaction following it... Technically speaking, the pair seems to have its resistance on 38.2% fibo on 1H chart... Any idea?
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waf_1988 replied Aug 13, 2007I'm staying out of this news, it had caused me disaster last time I traded it. We'll see on the way after the market calmed down...Maybe another 5min after the release...
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waf_1988 replied Aug 13, 2007The pair looks like losing the bear momentum...See chart TF 4H, 1H I don't know if the pair is going to reverse or not, but for me, it looks like that... Any idea guys? Still waiting on retail sales?! The pair is going to test the 38.2% fibo in 15m ...
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waf_1988 replied Aug 10, 2007Good, I understand now. In my chart 15M, the hanging man is seen, a bearish additional candle I presume... Now I'd like to go offline, and get some food...Hungry trading...^^ Hv a nice beer, oops...Trading...

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waf_1988 replied Aug 10, 2007So many targets yet you stayed out?! I used this link url for fundamentally updated information
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waf_1988 replied Aug 10, 2007The indicators will help you to "smoothen" the price actions, so that you will not be misled...But it is also good for you if you can see the market as a whole movement and you as the executor...Frankly, I'm not that psychologically-at-ease like ...
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waf_1988 replied Aug 10, 2007So, please tell us your analysis about that chart.
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waf_1988 replied Aug 10, 2007I would suggest you to have a dozen if you would like to...
Today's tough, the pair moved downward so far, and my chart shows bearish movement, but I don't know how strong or how long it will stand on...Cable Update (GBPUSD)
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waf_1988 replied Aug 10, 2007But if you look at the pair technically, you may see that MACD is still showing bearish divergence, RSI is not yet oversold and the price movement is below the medium line of BB... Long position taken is not wise now, I guess...Please advise
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waf_1988 replied Aug 10, 2007What would that supposed to be? I think the Import Price Index is a good number, a good start also...
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waf_1988 replied Aug 10, 2007The pair tested the 50%fibo just now and get rejected. The pair is then bounced back to the bearish movement...
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waf_1988 replied Aug 10, 2007Do you mean short the pair in the "save" confirmation? 2.0140 is out of my fibo levels, on regards to bearish of course... Fascinating...
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waf_1988 replied Aug 10, 2007I shorted the pair at 2.0179 targeting only to 2.0159, no bigger picture on my head...
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