myTradingWeek
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Overview of Predictions May 10
Prediction: Some crazy moves last week so we will post only scalp levels today so to minimize risk because of market volatility….supports are at 4825/30 and lower at 4750/45 and resistances at 4930/35 and higher at 5005/10…Scalp all levels…
Results:
1. Long @ 4831, DD: 0 pips; MP: 100+ pips. Price hit 4831 on our charts (2-4 pip exception) and quickly moved for a 30 pip profit.
2. Short @ 4930, DD: 15 pips; MP: 0 pips. Price stopped 5 pips away and retraced 20+ pips making this trade very risky but we count it like we call it.
3. Short @ 5005, DD: 0 pips; MP: 40 pips. This was our scalp level on which we banked 25 pips and closed at first sign of price stalling.
Overall Profit/Loss: +40 pips
Pips this Month: +315
Cable Focus & Analysis May 11
Resistances: 1.5184, 1.5071, 1.5002
Supports: 1.4777, 1.4708, 1.4596
Pivot: 1.4890
Prediction: Some crazy moves last week so we will post only scalp levels today so to minimize risk because of market volatility….supports are at 4825/30 and lower at 4750/45 and resistances at 4930/35 and higher at 5005/10…Scalp all levels…
Results:
1. Long @ 4831, DD: 0 pips; MP: 100+ pips. Price hit 4831 on our charts (2-4 pip exception) and quickly moved for a 30 pip profit.
2. Short @ 4930, DD: 15 pips; MP: 0 pips. Price stopped 5 pips away and retraced 20+ pips making this trade very risky but we count it like we call it.
3. Short @ 5005, DD: 0 pips; MP: 40 pips. This was our scalp level on which we banked 25 pips and closed at first sign of price stalling.
Overall Profit/Loss: +40 pips
Pips this Month: +315
Cable Focus & Analysis May 11
Resistances: 1.5184, 1.5071, 1.5002
Supports: 1.4777, 1.4708, 1.4596
Pivot: 1.4890