Bearish for today.. no deal brexit .. no mercy
1
Cable Update (GBPUSD)
- #481,202
- Jun 12, 2019 10:48pm Jun 12, 2019 10:48pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
TOOK SHORT 
yes yes yes
- #481,203
- Jun 12, 2019 10:51pm Jun 12, 2019 10:51pm
- Joined Nov 2013 | Status: Trader | 2,387 Posts
TOOK SHORT
- #481,205
- Jun 12, 2019 10:54pm Jun 12, 2019 10:54pm
- Joined Mar 2018 | Status: Trader | 1,529 Posts
{quote} How about your long positions at top yesterday ? Cut your loss or hold or blow another account ?
- #481,207
- Edited Jun 13, 2019 12:05am Jun 12, 2019 10:56pm | Edited Jun 13, 2019 12:05am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
{quote} Yups, need strong bull to get there.
Time will reveal all my friend
It is below my channel in the/my hourly chart, but it has not closed just yet still 30 min to go, this is why I said we need to watch this area,
once the drop has completed it should retrace and then retest the channel trend line, ??????? and this could confirm the continuation for the bears.
If not then the bulls are still in there with a chance. again ????
- #481,208
- Edited 11:50pm Jun 12, 2019 11:40pm | Edited 11:50pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #481,209
- Jun 12, 2019 11:54pm Jun 12, 2019 11:54pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
{quote} Ssssttt. I think you know what happend with his account.
Lost 20 % from my initial last deposit
yes yes yes
- #481,211
- Jun 13, 2019 12:09am Jun 13, 2019 12:09am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
We need to get above the 1.2763 in order to take out/ touch the high of 1.2865 area then see a strong reversal that should retest the low at 1.2559 area, As you can see it is retesting the new channel i posted the other day, and this is an area to keep an eye on, IMHO Just my best guess folks so please trade wisely. {image}
In the hourly chart It has closed above the channel trend line so It Is now a buy and my call earlier has now got a chance to be for filled.
{quote} Uselly that what happens to me . In those situations i stayes and look how my account is blowing up . Becouse i am in full levarage. I prefer to stay and wait for 20 pips back to a correction in full levarage instead of get out and catch the right move with half of it for double the pips to get the loss back. But this is stupid. Staying in a bad trade and hoping is the worse case . Now i am in the driver seat.. 0.8 of my last deposite in full levarage in the right direction, all i need is 35 pips and i am back to the beginning. {image}
- #481,217
- Jun 13, 2019 1:34am Jun 13, 2019 1:34am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #481,219
- Jun 13, 2019 1:38am Jun 13, 2019 1:38am
- Joined Apr 2019 | Status: Trader | 5,796 Posts
Don't trade what you think. Just what you see!!!