i am staying out until retracement is over. there is more risk in going against the main trend

EURUSD

double top on M5 ... it is reversing .. possible 50% retracement to 3965

EURUSD

retracement to 3965 then down again consolidation triangle forming on M5

EURUSD

rebound around 3890

EURUSD

i caught the down move earlier. i am at 80 pips profit.

EURUSD

looks like a triangle is forming

Cable Update (GBPUSD)

thanks. i should pay more attention to news.

Cable Update (GBPUSD)

i am most likely out as well for today.

Cable Update (GBPUSD)

hehehe .. i cannot tell time. my bad.

Cable Update (GBPUSD)

the breakout was suspicious. it happened before london open.

Cable Update (GBPUSD)

the price has been hugging the lower line more often than upper line. it might break it downward.

Cable Update (GBPUSD)

yes. or double top and back to bottom again

Cable Update (GBPUSD)

yes. however, i was referring to the M5 chart. it looks like ascending triangle and it will go upward to 6260 region.

Cable Update (GBPUSD)

i think it is forming a pattern before shooting up. or down.

Cable Update (GBPUSD)

same here. i had many chances to enter earlier but hesitated. i will wait for fibo retracement to enter long.

Cable Update (GBPUSD)

yes. i noticed that. i was wondering why price will go against traders' sentiments!

Cable Update (GBPUSD)

it says: ================================================= GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.11 as nearly 53% of traders are long. Yesterday, the ratio was at -1.13 as 53% of open positions were short. In ...

Cable Update (GBPUSD)

this could be ascending triangle

Cable Update (GBPUSD)

no need to rush. give it sometime to consolidate and form a pattern

Cable Update (GBPUSD)

broke resistance ... further down until 6110

Cable Update (GBPUSD)