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Cable Update (GBPUSD)

  • #486,401
  • Jul 23, 2019 9:13am Jul 23, 2019 9:13am
uhulll eur usd sinking and GU rising
  • #486,402
  • Jul 23, 2019 9:14am Jul 23, 2019 9:14am
Quoting mbrown
{quote} I'm still laughing!!! Man, that long was such a howler!!!!
me too dude
?
  • #486,403
  • Jul 23, 2019 9:14am Jul 23, 2019 9:14am
Quoting Theoak
{quote} Lost your account on one trade! You mean you lost the trade?
I lost the trade and I lost the account, you read it right, cause the deposit was only $10
It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #486,404
  • Jul 23, 2019 9:15am Jul 23, 2019 9:15am
Quoting mbrown
{quote} I'm still laughing!!! Man, that long was such a howler!!!!
Shit happens... no risk, no reward
?
  • #486,405
  • Jul 23, 2019 9:17am Jul 23, 2019 9:17am
Quoting Coreg2004
{quote} no personal viewpoint, just the charts... {image} {image}
Spooky! You posted your charts at exactly the same time I requested your view.
  • #486,406
  • Jul 23, 2019 9:20am Jul 23, 2019 9:20am
Quoting Marcieny
{quote} I'm ready
Not so sure it will be 'wild' but next target will be 1.2485 then 1,25
  • #486,407
  • Jul 23, 2019 9:22am Jul 23, 2019 9:22am
Quoting directxxx
{quote} Not so sure it will be 'wild' but next target will be 1.2485 then 1,25
eur / usd may have its biggest downfall .. i don't know if it will affect GU...

I see many possibilities ... I hope I'm on the right side.

Maybe I have a purchase in Eur / usd at 1.07
  • #486,408
  • Jul 23, 2019 9:30am Jul 23, 2019 9:30am
uhulll nice purchase gbp/chf
  • #486,409
  • Edited 12:10pm Jul 23, 2019 9:34am | Edited 12:10pm
Hi, I didn't go over the close to 1/2 million posts, current 24321 pages and 1878 Volatility entries in this Calbe thread, and maybe the answer was already given, if so please stay kind with me!

Following the "election" of Boris "Dude" Johnson as new UK prime minister, my baseline scenario is an increase of volatility into GBPUSD.

Here my question: if I want to do non-directional trades, what is the best instrument? Options? Futures? The FX market? Anything else?

Were some of the members successful in such trades, if so in which case?

Thanks.
  • #486,410
  • Jul 23, 2019 9:36am Jul 23, 2019 9:36am
Quoting Giusto
Hi, I didn't go over the maybe 120k posts, current 24321 pages and 1878 Volatility entries in this Calbe thread, and maybe the answer was already given, if so please stay kind with me! Following the "election" of Boris "Dude" Johnson as new UK prime minister, my baseline scenario is an increase of volatility into GBPUSD. Here my question: if I want to do non-directional trades, what is the best instrument? Options? Futures? The FX market? Anything else? Were some of the members successful in such trades, if so in which case? Thanks.
Comodities and indices I think are better than forex.
  • #486,411
  • Jul 23, 2019 9:43am Jul 23, 2019 9:43am
eurgbp hope it will prove me right.
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  • #486,412
  • Jul 23, 2019 9:52am Jul 23, 2019 9:52am
some of you trust gbp too much, Brexit has caused so much uncertainty, the GBP keeps crashing even after bad news for USD. Start Believing in 1.22 before the end of the summer.
KEK
  • #486,413
  • Jul 23, 2019 9:52am Jul 23, 2019 9:52am
show me your EW.
  • #486,414
  • Jul 23, 2019 9:52am Jul 23, 2019 9:52am
IMO, Buyers fueled the pressure down to daily trendline, dumping their longs quickly, so..
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Be a spectator, not a player
  • #486,415
  • Jul 23, 2019 10:01am Jul 23, 2019 10:01am
Hi Guys,
Right now I see pure Dollar strength leading the pack with the Pound stronger than the Euro. Dollar index futures ascending trend line from march 2018 could be a catalyst sitting at 97.412 ish and for arguments sake will near it to the round number 97.500. If it holds we could see a period of Us dollar weakness. We shall see.
Cheers
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Trade to trade another day
  • #486,416
  • Jul 23, 2019 10:03am Jul 23, 2019 10:03am
Quoting mbrown
{quote}2434 was taken out with ease.

Rejection at 2434...up up and away!!!

Tiny longs so they don't count!
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  • #486,417
  • Edited 10:16am Jul 23, 2019 10:04am | Edited 10:16am
Gu didn't test diverging resistance 1.26108 this week ... I'd only sell there if it doesn't turn reversal if it goes up ... and see if diverging resistance turns divergent support.
  • #486,418
  • Jul 23, 2019 10:25am Jul 23, 2019 10:25am
Quoting birdland
prepare for a wild upswing in the next two hours...
next attempt
trading is like dancing, don't think and just listen to the music!
  • #486,419
  • Jul 23, 2019 10:27am Jul 23, 2019 10:27am
V
V
V


1.2417

1.2381

1.2360
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #486,420
  • Jul 23, 2019 10:27am Jul 23, 2019 10:27am
I sold usd/dkk lots 0.02...
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BugattiBoy