robharman

robharman

umm 20k 12k 3k you tell me we need to see some bulls ,there werent enough at the 28-30 k level ,,,,so the bears are still in control WHAT ARE THE WHALES DOING

robharman

sharp fast moves like today especially on a fri often get reversed ..Tested ... on a monday just saying

robharman

could this happen well it is so out of favour at the mo look at some of the charts of the leading components of this indices to I am not a buyer on the longer time frames ....YET

robharman

this works on both the Dow and the Nas price will return to the Uk 8 am open watch it jump on the move away for around 80-100 pips or more ..... then get the move back Its a sweet predictable banker WATCH IT over the next two weeks if you are a non believer /sceptic ???

robharman

A few observations on this chart If your new or less experienced can you do the little things mentioned on here Can you do it on three or four other pound pairs It s hard try it Then watch for it from today ...for two weeks Your trading ?learning journey has begun

robharman

Its range bound at the moment on the 1-4 hour timeframes so you could just play the range if it breaks higher i prefer the second blue line as the momentum to push it thro the lower line will need to be quite strong , and of course the higher you sell the lower the risk and the better the ultimate RR

robharman

now this is a chart that could be very very good can you see why it s even nicer if you go down the timeframes if you would like more analysis on this ....like where to enter and why and in which direction just bung on a like so i know you are interested THIS COULD BE ANOTHER MEGA PIP TRADE

robharman

Are you trading this pair next week ? if you are and you would like some trade ideas and areas to enter your trade then let me know with a like or a comment and i ll share a further chart with some things to help you get your best entry Good luck traders Cheers Rob

robharman

here are some observations on this pair no trade for me at the moment i dont like trading in the middle of the range ...only play the edges ,,, or wait for the break then trade the re test

robharman

trades are mostly about risk to reward Does this trade offer a good RR the higher up you can sell the better it could be you are waiting for bearish confirmation if the bulls comer in strong ... to a new high this trade is immediately invalid we want to see a double top or a lower high to show the bears commitment to the retracement watch it see what...

robharman

i am still favouring the down side to the 28-30 area but just watch the ranges and trade from the edges -avoid the middle of the ranges ...could go either way so risk -return will be poorer Uk FCA announced negative news for bitcoin this week ...how much longer before all central banks take a stronger more negative view of crypto s and there place in the...

robharman

it went up very quick where will the bulls come in again watch 1-2-3 and the trend line for your entries if you are bullish

robharman

can we get a lower entry are we now in for a bit of range bound plays buy the bottom sell the top see what happens monday

robharman

we have a potential buy zone coming into play soon wait til it comes into the zone and then watch for the bulls coming in ...and /or the bears getting weaker so what does that mean ....watch the pivot action changing from PA below the pivot to PA above the pivot ...watch the candles and momentum change ....... look for a double bottom or a period of range...

robharman

umm this is a big chart we have broken some key level s we do have some serious macros ...again !! well costs nothing to have it in the back of your mind i guess any thoughts fellow traders

robharman

oh yeah baby bulls are needed now where are they or are we going down to tyhe line the world is watching ummmm what do you think ??

robharman

I wont be putting up another chart for this indice But if you are intrigued ,PM me on here and i ll send you a chart with more detail and some explanation free of charge This is nt really for newbies sadly as you will need some knowledge of basic charting So if you do pm me make sure you know what 1/ support and resistance is 2/some basic candle patterns...

robharman

This is a lovely chart for next week watch it ...see what happens can you see where you might want to place both your buys and your sells ..AND WHY ! may i suggest if you cant ...you might not yet be ready to trade with real money Visit this chart again in a week see if you were right Hell why would nt you ??? Happy trading fellow traders Cheers Rob