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BLUE43
Mar 23, 2016 11:18 AM

GBPUSD Trade Psychlogy 

British Pound/U.S. DollarFXCM

Description

This pair have no choice
Or it bounce or its free fall, look the left last consolidation before up
Here traders are playing the fear of this potential fall
Let see what happen
Interesting ...

Trade your plan - if you have no plan, dont trade

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Update status

Comment

ok here we are we cross 0.5 and not already on 0.618 we cross the diagonal line also but we still not make a LL from C point, waiting for the next move -maybe consolidating

Comment

here we are on no where's land :_)

Comment

Bing
Pinbar back to the the 0.618 let see if hold - :_)

Comment

(Warning. I am a private trader. I don't sell any signals, equipment or other sources of learning about forex . I am here to share ideas based on technical analysis to improve me on Forex practice. Trading forex is dangerous and can result in significant financial losses. So I am not responsible when the results of the positions to be taken on the basis of my charts since these constitute no basic signals but simply my own market analysis. As i always says, trade your plan and if you don't have any, avoid trading.)
Comments
newbie2016
double bottom now in process..

TAS_is_Goliath_Capital_Growth
Think it's going up now? double bottom at black 61.8? (1.405)?
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