Not trading up, I'll wait to catch it going down... Short

British Pound/U.S. DollarFXCM

Description

⋅ Jul 14, 2016 12:34 PM

We will have to wait for a while until we reverse, but the short is going to be a very sweet trade. So let's just be patient for now...

Comment

⋅ Jul 14, 2016 3:16 PM

Strong resistance zone. Threw price right back down.
Expect renegotiation though

Comment

⋅ Oct 5, 2016 9:17 AM

Things are going exactly as we expected three months back. We went into the sell zone and then dropped to break the lows.
Once the down move is over, we should get a retracement before we see another drop.

Good luck

Comments

insane844

⋅ Oct 5, 2016 9:20 AM

waiting for your next move
Thanks alot

narcalen

⋅ Jul 18, 2016 5:59 PM

A little risky but...

Ichimoku_Trader

⋅ Jul 18, 2016 7:16 PM

Try to buy very deep

narcalen

⋅ Jul 18, 2016 8:38 PM

I think so, thanks

narcalen

⋅ Jul 14, 2016 4:03 PM

Thanks again, but what's the meaning of ST BULLISH and Why is bullish if KS is sloping down? Thanks in advance.
There is too much to learn to me.

Ichimoku_Trader

⋅ Jul 14, 2016 4:04 PM

ST = short term
As for this TF, it is bearish

narcalen

⋅ Jul 14, 2016 4:06 PM

thanks, It's st bullish because de TS, isn't?

Ichimoku_Trader

⋅ Jul 14, 2016 4:07 PM

ST needs 2-3 candles to confirm

narcalen

⋅ Jul 14, 2016 4:10 PM

your kownledge is gold for us, thks.

Ichimoku_Trader

⋅ Jul 14, 2016 4:16 PM

thank you
I appreciate your kind words