Nothing to do since just can wait now. Share something with you guys.

Many people will take on GBP/USD on current situation especially newbie trader watching on it will says it is an uptrend now. So this is the difference on how we navigate on TF. If you look on 30 mins and 1H, it should be on uptrend. But if on my read with 4H and DAILY, actually it wasn't an uptrend at all. It is a correction actually especially on DAILY TF. To me, it is actually creating CHANNELING now and it should max up to 1.6816 area and got rejected from there. Of course it is just my view and it might failed but it often will create this kind of situation to let trader confuse.

This post has been edited by tdoptions1689: Jun 12 2014, 02:35 PM

I agree, many traders taught me that to determine a trend we shall see the bigger time frame first.

Absolutely yes. Bigger TF are to find the actual what the trend or might be a reversal there. Instead of determining a trend on smaller TF, it is usable only for looking a better entry point and momentum. But must understand 1 thing, when you navigate on bigger TF for actual trend, you need to control your scare money and emotional trading. Because bigger TF will bring higher DD and there is where phycological and Money Management come in play.

This post has been edited by tdoptions1689: Jun 12 2014, 02:47 PM

Wuwuwu… I forgot to change one of the position SL of GBP/USD on ZULU. Cry...

Too close to sl already?

Nope, 1 has open earlier. Then another both open couple hours later and it has been set correctly.

1.6820 are my expected rose, 30 pips usually I will put for GBP pairing as spike spaces.



This post has been edited by tdoptions1689: Jun 12 2014, 03:25 PM

Darn, your pipchart resistance is strong wei.

Yeah, I don't know what kind of fxcking curse is this. Keep holding there.

Looking good on all currently and all as expected now. Hopefully we could break this resistance by today.

The aggregate dd moving so much. This gbp one you gonna wait till green? Or close with min lose?

Nope, it is not gonna min loss. It will be green back and it is on the way now to recovery all back to green. Hopefully my read is good this time. If it does, we can break the curse. GBP/USD might need to wait more, but GJ and GA are good looking to build lower.

This post has been edited by tdoptions1689: Jun 12 2014, 06:06 PM

sifu tdoption please be aware that tomorrow 5am we have Carney's speech, be careful on gdp. cheers!

Thanks for reminding. He just call me jor saying nothing great for GBP.

Hopefully either Hanger Man or Doji on GBP/USD 9PM close.

This post has been edited by tdoptions1689: Jun 12 2014, 08:41 PM

lol listen first, tomorrow see how

Later I call him back, panggil dia pergi makan then makan saja. Don't talking many many. Mau cakap, cakap buruk punya tak like GBP very no good situation. We import a lot from China ar. Then AUD will be kaw kaw strong.

This post has been edited by tdoptions1689: Jun 12 2014, 09:25 PM

Tighten your seat belt. AUD approach 0.945x

My pocket is ready

Good. Glenn Steven already call me jor. TP at 0.945 no problem.

P/S: Read my post at your own risk. Jangan nanti masuk longkang cari saya oh.

This post has been edited by tdoptions1689: Jun 12 2014, 09:59 PM

Why 0.9425 stop jor geh? If he put my airplane ar, tomorrow I call my lawyer issue him saman, sue kaw him. Then some more go tampar dia macam buaya.

Apa punya GBP/USD, sudah overbuy lar. Lagi tak mau stop kah?

Sienzzzz… Kena stop out jor… Go sleep. No mood already.

This post has been edited by tdoptions1689: Jun 12 2014, 11:36 PM