Un-Spirited Week

I guess cable closed around 1.9825 area for this week so its range 211 points. The bullish will proceed on the next week unless 1.9700 is broken.


Have a Nice Weekend

                :-)

Bullish+Bullish+Bullish=Bored

Personally i felt lil bit tired or bored with this uptrend, but i should continue on focusing to the technical. Technically he had to go to 1.9770 area before continuing the uptrend and break the 2.000 support. It's more risky to take a short right now, probably i'll wait for the bounce after he touch some support arround 1.9770 area and enter the market using EMA34 at M15 TF or another case happens i would go long using EMA34 at 1H TF.



Happy Trade


        :-)


Retracing

Super Thursday

ECB will release the Minimum Bid Rate today and NFP data follow later. Both data are negative for the Dollar but i still focusing on cable retrace to 1.9780 area. As long as 2.0 is hold i will looking for a nice place to go south. Still i use the EMA 34 crossing on1H TF to enter the market.



Have a Nice Trade

Retrace

Retrace

He could go higher to 2.0200 but he need to retrace first before he do that, i saw resistance at 2.0050, if he break this level then this bullish trend can be quite long for cable.
1.9900 looks good to be the entry position to shorting but i use EMA34 and EMA1 crossing at 1 H time frame and wait for a clear cross to enter.....if the EMAs not cross yet while the price go down near the 1.9900 then i'll pending my order there with the target 50-100 pips.


RETRACE