DislikedNo but 1.63 need to b touch as i plan when enter this trade
we will cIgnored
i doubt it bro!! need to break 1.64 first
stop playing with the trend
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedNo but 1.63 need to b touch as i plan when enter this trade
we will cIgnored
Disliked...
My analysis for today (18 Aug):
The bull trend seems to be 'almost running out of gas' but can still make one last shot towards 6700 (Mar 2011 S/R).
We can expect for a moderate retracement towards 6470 or even 6420 before NY open before continuing its up trend....Ignored
Dislikedi'll let it jerk out and come to the trendlines, the lower the better.Ignored
Dislikedwe'we got 115 pips actually from that point
done, bought them both. now, let's see if we reconquer 6482 and 6505 and check the weekly TL again.
aud plummets, gold soars, eur has its own trouble, so clear risk-off but chf & jpy caught in CB fears traps; money could flow to GBP instead. some say it could be a new safe haven
or, just another bunch of b/e trades, lol.. perhaps i'll scale out something to have pocket pips at leastIgnored
Dislikedtheres a reason why i swing trade..1 decision..stick to it
just need to get in the right place..need to know how market moves inside out to recognise the setups
otherwise it really is all about scalpingIgnored
DislikedGood for you.
Im starting to have a good sense of the market movement now (damn it feels good). But im still not sure about my strategy..
Would you mind sharing your strategy?Ignored
Dislikedu see on my charts
i look at monthly..look for a pattern..i wait for price to reach an extreme..and pull the trigger..I need at least 3 things
1) always enter with a trend no matter what
thats the hardest..once u can do that..the rest will happen with time as u expose yurself to market u will just do it instinctly
a bit like driving a car..at first u just try to remember after a while it all come together without thinking
my best advise to u is work on yur head..market now has no effect on me..i dont get nervous or scaredIgnored
DislikedI am still in that phase... 'think and pull the trigger'
Do you have a fixed SL/TP or depending on the S/R? or you calculate your % of risk to determine your SL and lot?Ignored
DislikedWhat do you mean?
If you risk USD100, then your reward is 80% = USD80?Ignored
DislikedWhat do you mean?
If you risk USD100, then your reward is 80% = USD80?Ignored
Dislikeddo u think this will restest and continue its uptrend or go down to 1.62500Ignored
DislikedMay be my dream coming true , bought this pair today near low with eu also to see how far it can go .no scalping ones.
fontuIgnored
Dislikedu going to get very good surprise tomorrow..i think cable will go throw the roof and euro as wellIgnored
Dislikedmorning
or... evening!
TP 6415?
could be a dump ride.
im waitin 6470 test first. could also never happen until september....Ignored
Dislikedi don't think so dude ... did u checked today us CPI and yesterdays data all is Green better then forecast i think GBP and Euro will drop like a Stone!
do you know the current situation of UK protests and all that ? if yes then you should not ignore it.
Forex market is very dodgy it will make traders to buy at the TOPs and then it takes U-Turn
There is a simple theory in forex "Buy Low and Sell High"
Usd is already at its lowest levels while Euro and GBP are still high as per my views.
but that's just me, time will clear everything....Ignored