The pound is on demand by dragon fly, if the reaction of the dragon is respected @ equilibrium of it's channel, i would deflect to support, if support is respected reflecting back toward the dragon demand i would check the upper leg of it's channel..... by the way it would be oversold by then.....
Lefy's Blog
I been out of dukascopy contest for some time
i felt the war last year losing all contest, being a man of war, i went and prepare myself, to cause chaos within a war, as it was cause unto me, for the whole year, i am ready, and better prepared, here is what i am bringing to the war....
Life Is Too Short....live Your Dream...
There power within our Instincts goes beyond limits,do you have them(limitations)...?
"Life is short and it is here to be lived", a way that may be too short is to be spending 50 hours a week making someone else's dream come true..........It's kind of fun to do the impossible..! The bad news is time flies,the good news is you're the pilot..,"Being Rich is a Choice", the average millionaires has seven sources of income.If you're not a millionaire,focus on one source so it makes you a million...If …
GBP//USD Produced a very nice rejection @ fib23.6
I am hoping to experiment this bullish rejection for some time, until new retracement is formed, normally when it get rejected @ fib fiscal 6 :: @ 1.5613 it somehow do new retracement and start again
GBP/USD Post fears
i don't know when i will ever follow my plans, i thinks it is the fear i have in me....
Forex is fair,look how the bulls getout
look how the bulls are told to get out of this pair, before London session start, it is sometimes not fair, especially when Prices have to wait for London session...
GBP/USD According To Lefy's Rand Index Sentiment
According to Lefy's Rand Index Study, versus the Pound/Usd, the index shows ascending(up) triangle, while GBP/USD sell angle is greater than a buy angle, the lime colour shows descending pair, I am confident I can run this pair for a month of two, starting from yesterday, without worried about news, and noise of who is to raise interest rate first.... According to Index value taken yesterday @ 7911, the sample taken today is 8748, which has produced results of -837, on selling(in Profit), I will…
GBP/USD is just miles aways to enter 360 degrees
This Pair is just miles, away to enter third quadrant @ 360 degree, the entry is superb for a long and wide downtrend, considering a hammer formation in july, I don't know how many bulls this hammer intend to kill in months to come, having closed below 61.8 Fibonacci in july, demonstrate to vulnerable the bulls will be, in months to come... my linearity study demonstrate consolidation @ the moment, it looks as if bulls are fighting back this hammer, but I don't know for how long they can withsta…
Fibonacci analysis is not good enough for me....
i have to admit that Fibonacci is not easy to trade with, so i did some upgrade again,now every info is purely visible in a blink of an eye, i never seen the eur/usd frizzing like it did,last week, i had to do something about that, as this is one of those opportunities that comes once in a lifetime........please note the mini chart on the right is compressed but is fine on my MT4
Dear Community, i am very pleased
After being a very bad order placer, without you guys, i wouldn't have been so proud,i have been able to configure many things,and this is one of them, Many Gurus won't please with a junior like me,who has after many years of failed attempts, finally comes out, a real product of effort, i am ready to be an investor now..........