DislikedPretty much how I'm seeing it - we are right of the downtrend resistance line here {image}Ignored
You mean that it will be downward? To where?
Cable Update - Continued 102 replies
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cable short for gbpusd? 6 replies
DislikedPretty much how I'm seeing it - we are right of the downtrend resistance line here {image}Ignored
Dislikedhi guys I am new here. GBP made me lost 6K and now I am trying to recover. I have a 2 short position at 1.2192 and 1.2087 with SL 1.2270. any chances of seeing 1.2000 today or at least 1.2050 before reaching 1.2270 Thanks very muchIgnored
Disliked{quote} I see it as consolidation pre breakup but then I'm trading it from the long side and taking entries accordingly. For me, the 240 min chart has triggered a 'Buy' and I'm feathering in Longs. - If it drops below 1.2155 I will add in to Longs For example, if my entries were where RagstoRiches has placed his (excellent execution there) - I would probably cover here as there are sellers residing here but that is just my method as I scale in and out and lever up and down. I'm not an 'all in or all out trader' - its okay to 'build a position' over...Ignored
Disliked{quote} Thanks for your answer. I already have a short position to 21500. Good luck friend!Ignored
DislikedPretty much how I'm seeing it - we are right of the downtrend resistance line here {image}Ignored
Disliked{quote} I trade technical, but for now lets go fundamental. What amount of people? Everyone is short. The herd is short. I am long from 1.20 zone+, so quite happy here at 1.23 zone anyway. Even if we hit 1.10 I'll be buying xxx I am holding long. I traded the last crash in 08/09, and heard this same shit before. If I'm wrong, then it's my money gets added to yours, if right, I take your money and enjoy (thanks Goldman Sachs (just like when Oil was 40 and you said 20 lol), but your're wrong this time against Bank of America, JP Morgan , Morgan Stanley... Some things you forget from history:
1st F**k the Germans
2nd F**k the French
3rd F**k the EuroIgnored