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- navk replied 32 hr ago
retest of 1.2605 done. Now, 2640 break is needed. Last 2 days, thin range. Expect a big day candle today.
- navk replied 44 hr ago
this week is likely to close like bullish week. 1.2750 or even more possible by friday close. watchout 1.2600. Break out out of this will invalidate.
- navk replied Mar 26, 2024
daily s1, 1.2610. from 2610 to 2600 price to go high today.
- navk replied Mar 24, 2024
I agree with you on this PA. The price unlikely to drop below 1.2575 friday low. I am seeing bullish signals in hourly. 1.2670 is first target. And then a drop.... and then above 1.2700 to 1.2730 level. The later part of the week could be bearish. ...
- navk replied Mar 22, 2024
150 pips Thursday. 55 pips in Asia friday. Extraordinary.
- navk replied Mar 21, 2024
In my opinion 1.2700 is first. Later UK news will decide
- navk replied Mar 21, 2024
on a daily tf, it is bearish engulfing candle. The high to low is 152 pips. In line with bearish engulfing candle, one should search for bearish signal after 50 % retrace. That is 1.2725. It means no more down on this Friday. Assuming 70 pips range ...
- navk replied Mar 21, 2024
if you noticed over the years, after FOMC, Pound interest rate decision is planned. Whatver FOMC does, just do opposite. We shall be fine. And FOMC spikes, Pound sterling drops . This has been the scenario.
- navk replied Mar 21, 2024
150 pips drop !! Huge day. Friday, a retrace is imminent.
- navk replied Mar 21, 2024
It was fast PA in NY session. Looking for retrace at 1 pm est. 50 % retrace is possible ( 70 pips )
- navk replied Mar 21, 2024
The price has overdone today. 2 times ADR. 140 pips. I am still holding longs for 1.2700 first.
- navk replied Mar 21, 2024
My long trades on the way to recovery
- navk replied Mar 21, 2024
This 2729/39 is more than enough for me to get out of underwater long trades. And then will plan
- navk replied Mar 21, 2024
To be precise, timewise, after choppy PA, the price will move up from 12 noon to 1 pm est
- navk replied Mar 21, 2024
It is correction. What happened today is correction. 1.2700 to 1.2750 forst... and then... who knows, it may close at 1.2900 for this week.
- navk replied Mar 21, 2024
2700 is important, it is going to bounce from here for me. i am in long
- navk replied Mar 20, 2024
2794 is previous high. Expect this number to break.
- navk replied Mar 20, 2024
I am accumulating short trades. No stop
- navk replied Mar 20, 2024
It is applicable to all new guys. Once stop is hit, he must not take revenge trade. Have seen posts here from new people
- navk replied Mar 20, 2024
Some new guys took short position before fomc. He set stop for those trades. When stop got hit, he again took short trades. This is called revenge trade. At the end the revenge trade also stopped out. The new ( bie) needs to learn. Keep calm. Look ...