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Cable Update (GBPUSD)

Anyone for shorts , LOL
Follow The Markets Structure - Patience and Discipline
Quoting knkie
i bought 3096 just in tme it seems {image}
its probably not done but i have to go out so im closing this trade with 20 pips.
Amazing day: 136 total

trade safe guys & gals....
in wondering about yourself, you forgot what you came here to be part of
Quoting Army50000
{quote} I Have a loyal Suggestion for you based on my calculations.... Sell GBP / JPY....

Lucky i did not take your advice as it was wrong, i only trust my own analysis.
Follow The Markets Structure - Patience and Discipline
Quoting knkie
{quote} its probably not done but i have to go out so im closing this trade with 20 pips. Amazing day: 136 total trade safe guys & gals....
well done very well done

cheers budd
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
The Z Legend All Time Return: -42.1%
relentless buying...

hmmm

stooped out many times
Intra day only.
Quoting pipfarm
{quote} Lucky i did not take your advice as it was wrong, i only trust my own analysis.
He is a longer term trader friend. Do not be so rash. I agree with his sentiment on bearish GBPJPY for the next 2 months (counting this one). Slice the markets anyway you see fit. The more profits the better! That is the only condition! Do as you see fit.
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-04 17.30.47_1.jpg Size: 108 KB
don't try to tell the market where to go , let him tell you
The market is up, why everyone is selling?
Double the account
Quoting navk
relentless buying... hmmm stooped out many times
yes crazy day, dont see todays target, 1.33? Massive loss today, 70, pips.

And all large GBP pairs today have almost 100% correlation, while monday it was completely opposite.

still naive and shorting at 3105.
Quoting krst8
{quote} yes crazy day, dont see todays target, 1.33? Massive loss today, 70, pips. And all large GBP pairs today have almost 100% correlation, while monday it was completely opposite. still naive and shorting at 3105.
Yeah one can not buy at this price
Intra day only.
short taken to see signal 3085/63 breaks for limit 2949 test/ 2977 tp areas if .3085 not broken yet though!
Attached Image (click to enlarge)
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Quoting navk
{quote} Yeah one can not buy at this price
yeah, of same idea, but the mass appears to disagree.

Today happing on the European nato summit that lead Trump to leave the nato meeting prematurely i thought to have some more impact also...
for me shorts only..
In 2021 trading in Germany will be dead..
Quoting WhipKream
{quote} He is a longer term trader friend. Do not be so rash. I agree with his sentiment on bearish GBPJPY for the next 2 months (counting this one). Slice the markets anyway you see fit. The more profits the better! That is the only condition! Do as you see fit.
Sentiment means nothing, you can have all the sentiment for a particular direction as much as you like, the markets do not care about yours or my sentiment, when the market turns bearish chart wise , price wise. thats the time to short ,forget news, forget gurus , forget fundamentals, forget tweets and all the rest of the bs, i learnt that a long time ago and its stood me in good stead.
Follow The Markets Structure - Patience and Discipline
Quoting thevisitor
for me shorts only..
i had same sentiment yesterday and burned today, what is your stategic view else than two days upp should lead to correction?
Quoting zghnno
The market is up, why everyone is selling?
The pound is riding the Boris election polls wave, nothing to do with economic indicators. Services PMI data from earlier today shows that the UK economy contracted to the lowest levels in 8 months. So, I hold my view that only positive election news and a majority win for Boris will sustain the pound.
Charts don't drive price, market conditions drive price...
Quoting krst8
{quote} i had same sentiment yesterday and burned today, what is your stategic view else than two days upp should lead to correction?
look fontus chart above
my view is similar
In 2021 trading in Germany will be dead..
Quoting StallionF
Its better to stay away from short cable.. It will only burn your hands. Post 12th December would be safer to trade. Cable is going to hit 1.35xx after elections & post Brexit.
Best time to long would be post election.
Quoting pipfarm
{quote} Sentiment means nothing, you can have all the sentiment for a particular direction as much as you like, the markets do not care about yours or my sentiment, when the market turns bearish chart wise , price wise. thats the time to short ,forget news, forget gurus , forget fundamentals, forget tweets and all the rest of the bs, i learnt that a long time ago and its stood me in good stead.
Check your monthly chart then on GJ. It still says down. As I said, slice it in whichever way you see fit. I don't trust gurus nor Trump, but I do trust fundamentals, price action, and above all else, myself. I'm sure you do as well. May you earn many profits in my DD.
Quoting zghnno
The market is up, why everyone is selling?
I am a proud seller
The drop is here
Attached Images (click to enlarge)
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don't try to tell the market where to go , let him tell you
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