Hey, this infant starts to grow height. I mean gbp/usd.

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Wonder if gbp/usd could possibly target 1.4500-50 today.

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Yup, didnt catch it, was getting coffee..

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Yea and dump pound instead

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eur/usd and eur/chf are both traded under 50-day MA, should not go long at all right now to be safe. Market might have changed mind or just planned to play this way

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Well, there is no bull in the market whatsoever right now, i see signals to short in short timeframes all the time. If rejects 50-day MA, it will signal downside probably to test support again at 1.246x.

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This is quite OK to trade now because there is certain order and logic. Now it dropped below 50 MA, so watching behaviour. This is good place to spot signal, move is usually nice.

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Try at gbp/usd stops taken out, now room for upside for both majors maybe...

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Relation between eur/chf and usd/chf not changed much, need usd/chf to weaken a bit, otherwise this beginning bull rally will end short.

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Yes, its not coincidence that PA around nice fib is timed with news. This is setup for bull rally, no matter what news say. Of course, bears probably think opposite Edit: tough battle emerging...

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About time to try long, waiting last push down on 1min tf. There will come one.

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"Looks like" here is small wedge that might break up upside soon, good start for bulls. Anyway, we need to retest upside before we go down so this might be it, pretty near daily low and nice round number. Edit: So, 23.6% fib is it then.

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Looks an opportunity to take long here, seeing some support. Waiting a bit to proper entry.

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Look at this now, after 15m swing (mostly short covering), there actually starts to be some buying. I would wait to see where this next 15m swing is able to go, then having something to compare with. Otherwise its more like guessing to figure out ...

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Better wait it to spike and/or consolidate, PA shows it really does not want to go down yet.

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Might be going to 1.2733, then back to 1.2512 on daily chart (declining channel)

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That is great article.

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I can say, that there are successful traders using different timeframes, short ones works for me Lets say, you can use 1min timeframe to spot optimal sell/buy and keep it for 4hr or a day......it just that we have different exit points.

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Nice trades I could emphasize intraday trading as daily work.

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By scalping you can make much more profit, trading is riding small waves back and forth on a big wave and sometimes hitting sea reef Longer timeframes give much more exposure to risk. Too much unexpected factors partying around. I am somewhat ...

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