But when someone has to try it, so I will try. There is no reversal pattern, no positive divergence and no support. It is just my hunch, Cable has fallen hard so far, almost in a straight steep line and has broken the previous 3-4 times supports. And most likely this will act as resistance, but with RSI really oversold like in Oct11 and Jun12, and 50d and 200d MA that far away like 7000-8000 pips I think I will take a punt for a rebound trade until the resistance line.
I bought today @ 15030 and 14995 and most likely every 50 pips lower some more (to hurt my hand with the falling knife a bit more).
Can't wait
happy trading KP
التعليقات
oops
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ok, I am taking off 75% here now with avg ~260pips P&L ( I bought only one more lower dip)... Resistance is coming up now
oops
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it's got some momentum now !
Ozayevable
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are you shittin' me..? i could even marry you ;) yea man, im short usd around the market, as in investment tho.