Sell posted to TAP at 11:02am ET. GBPUSD sell 1.5250. See chart image. Historical S/R along the 1.5250 area . Consolidation triangle seen on the 4 hour chart. Fib at 1.5245 representing the triangle. Short term looking for bounce back to the 1.5225 area then 1.5200. Possibly fall back to 4 hour supports in the mid 1.5100′s.
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When I look at cable on the daily chart, I have to keep in mind what looks like a double bottom, March 1 and March 25. So while nobody has been more bearish than me on EUR and GBP, it looks like we may test some more to the upside. I did take a small stab at cable short today, but I didn’t give it as much room as you. With a strong close now, hard to see more downside until next week in my opinion. Time will tell.
looks like whatever trade signal I’m going to receive next time I’ll have to do completely opposite to win the trade
Vital, thats probably not a good idea.. I have been following Ross since he started and have made way more than I have lost from his trade calls. If you dont have anything good to say probably best not to post here. Especially considering that Ross is currently sending these calls out for free. Dustin and all the guys at forextradersdaily are the best. Ross, dont let comments like this phase you.
Ross! You are still the man, thanks for your time and energy and for doing this for free.
I agree with Jeff, these guys are the best. I appreciate the free advice sooooo much! Also, if you expect to win every trade you probably shouldn’t be trading.