I am currently buying it and with all the bearish sentiment I read I am so scared that I can't hold a profitable trade for more than 5 pips 
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Cable Update (GBPUSD)
- #463,362
- Aug 6, 2018 2:42am Aug 6, 2018 2:42am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
take small long 2975 risk 35pips
wait for good place to short later
wait for good place to short later
just for a cup of coffee...
- #463,363
- Aug 6, 2018 2:44am Aug 6, 2018 2:44am
- Joined Jun 2018 | Status: Trader | 1,035 Posts
I am currently buying it and with all the bearish sentiment I read I am so scared that I can't hold a profitable trade for more than 5 pips
- #463,364
- Aug 6, 2018 3:57am Aug 6, 2018 3:57am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Thought I'd post a few thoughts for everyone to think about. I have plenty of margin at the moment as I have been on the sidelines during the boring and confused year. Europe and the U.K. in a stalemate "Mexican stand off" can only be bad for Gbp and Eur.
Here is a chart:
Easy isn't it? Finally the year low to trade off of at 1.2950. (Is off of American English?) Anyway, dear traders, there is hope after all. There may be a trend to trade. Personally, I'd be looking at 1.2 as a target but I am often wrong.
Here is a chart:
Easy isn't it? Finally the year low to trade off of at 1.2950. (Is off of American English?) Anyway, dear traders, there is hope after all. There may be a trend to trade. Personally, I'd be looking at 1.2 as a target but I am often wrong.
Gone to a better place
- #463,365
- Aug 6, 2018 4:12am Aug 6, 2018 4:12am
- Joined Dec 2015 | Status: Trader | 8,751 Posts
Good to be cautious. But if in doubt you may check an htf one or two levels higher than your setup time frame.
Trade safe and prosper.
KP
Trade safe and prosper.
KP
I am currently buying it and with all the bearish sentiment I read I am so scared that I can't hold a profitable trade for more than 5 pips
Do your homework, follow the footprints of smart money
- #463,366
- Aug 6, 2018 5:12am Aug 6, 2018 5:12am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #463,367
- Aug 6, 2018 5:22am Aug 6, 2018 5:22am
- Joined Jun 2018 | Status: Trader | 1,035 Posts
{quote} next potential buy I see is 1.2960...but if this move is strong enough 1.2940 should do it...and as you always say.."let's see"
1.2920 then?
- #463,369
- Aug 6, 2018 5:48am Aug 6, 2018 5:48am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #463,371
- Edited 8:08am Aug 6, 2018 6:46am | Edited 8:08am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #463,375
- Aug 6, 2018 8:29am Aug 6, 2018 8:29am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #463,377
- Aug 6, 2018 8:45am Aug 6, 2018 8:45am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} Closed. Scary, I see 2850 on Daily.
i already try earlier mate
shorts is good for today
i always wrong
just for a cup of coffee...
- #463,378
- Aug 6, 2018 9:22am Aug 6, 2018 9:22am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
{quote}
Average long entry is 1.2970.
Intraday only.
- #463,379
- Aug 6, 2018 10:52am Aug 6, 2018 10:52am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} I am 30 pips ( average ) down, still holding. Average long entry is 1.2970.
just for a cup of coffee...
