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Real Trading

  • #3,061
  • Dec 12, 2019 7:27am Dec 12, 2019 7:27am
Quoting Mitiblotch
{quote} Hi Post. How do you see this election with regards to GBP? Trading anything GBP these days is high stakes.

Hey Buddy...

My thoughts for GBP
Cable it's win -win situation anyway....
Scenarios:
Tory wins---- --GBP race to 1.35..then 1.40 in 3-6 months
Corbyn wins--- GBP Down to sub 1.25 then UP towards 1.40 or even more cause Brexit might not happen at all....GBP could get back to pre-Brexit levels 1.45--1.5 in 12-18 months

Hung Parliament--- I will close my longs and would switch to Short targeting 1.20...

Happy Trading
Trades technical moves enforced by fundamentals
  • #3,062
  • Dec 12, 2019 7:28am Dec 12, 2019 7:28am
Long USDCAD 1.3178.
SL 30 pips.
TP open.
  • #3,063
  • Dec 12, 2019 8:24am Dec 12, 2019 8:24am
Quoting Mitiblotch
Long USDCAD 1.3178. SL 30 pips. TP open.
10 pips profit. Out! I trade patterns these days and that W on the 15min-1hr worked irrespective of the blood red US data.
  • #3,064
  • Dec 12, 2019 12:03pm Dec 12, 2019 12:03pm
Long GU 1.3121.
SL 1.3080.
TP Open.
  • #3,065
  • Dec 12, 2019 12:26pm Dec 12, 2019 12:26pm
Quoting Mitiblotch
Long GU 1.3121. SL 1.3080. TP Open.

Hit stop before I could blink.
  • #3,066
  • Dec 12, 2019 1:56pm Dec 12, 2019 1:56pm
Long EU 1.1111
SL 1080
TP Open.
  • #3,067
  • Dec 12, 2019 2:26pm Dec 12, 2019 2:26pm
Quoting Mitiblotch
Long EU 1.1111 SL 1080 TP Open.
Closed part for 10 pips at 1.1121. Leaving one to run. I mentioned earlier that I currently trade patterns. It was a W on the 15minutes chart.
Attached Image (click to enlarge)
Click to Enlarge Name: PSX_20191212_212752.jpg Size: 110 KB
  • #3,068
  • Dec 12, 2019 4:38pm Dec 12, 2019 4:38pm
Quoting Mitiblotch
{quote} Closed part for 10 pips at 1.1121. Leaving one to run. I mentioned earlier that I currently trade patterns. It was a W on the 15minutes chart. {image}
Jackpot!
Attached Image (click to enlarge)
Click to Enlarge Name: PSX_20191212_232906.jpg Size: 111 KB
  • #3,069
  • Dec 12, 2019 4:57pm Dec 12, 2019 4:57pm
Quoting Mitiblotch
{quote} Jackpot! {image}
Nice call.

What Broker are you with? Mine had a huge down spike across alot of pairs.

E/U:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB


U/J:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 19 KB
  • #3,070
  • Dec 12, 2019 5:00pm Dec 12, 2019 5:00pm
Quoting post
{quote} Hey Buddy... My thoughts for GBP Cable it's win -win situation anyway.... Scenarios: Tory wins---- --GBP race to 1.35..then 1.40 in 3-6 months Corbyn wins--- GBP Down to sub 1.25 then UP towards 1.40 or even more cause Brexit might not happen at all....GBP could get back to pre-Brexit levels 1.45--1.5 in 12-18 months Hung Parliament--- I will close my longs and would switch to Short targeting 1.20... Happy Trading
Here we go

Enjoy
Trades technical moves enforced by fundamentals
  • #3,071
  • Dec 12, 2019 5:04pm Dec 12, 2019 5:04pm
Anyway..

EU sold 1.1194, SL & TP open

GBP sold 1.3506, SL & TP open.

Happy Trading
Trades technical moves enforced by fundamentals
  • #3,072
  • Dec 12, 2019 5:38pm Dec 12, 2019 5:38pm
Quoting post
Anyway.. EU sold 1.1194, SL & TP open GBP sold 1.3506, SL & TP open. Happy Trading
Is GBP not worth buying. Is it not going to keep going up?
  • #3,073
  • Dec 12, 2019 10:34pm Dec 12, 2019 10:34pm
Quoting bigiivan
Ok, fellas, it is time. I am starting to buy EU. I think the moment has come. I expect a very high target that's why I will buy again if the market kick me out. Now: BUY EU AT 1,1050. SL AT 1,1000. TP AT 1,150000000000000000.
Out + 130 pips.
  • #3,074
  • Dec 13, 2019 2:22am Dec 13, 2019 2:22am
Quoting mw108
{quote} Nice call. What Broker are you with? Mine had a huge down spike across alot of pairs. E/U: {image} U/J: {image}
Thank you. I'm with FXTM (forex time). Your broker did that just to take out SL of buyers before moving up, I guess.
  • #3,075
  • Dec 13, 2019 2:42am Dec 13, 2019 2:42am
sold 1.11683

sl,tp open
  • #3,076
  • Edited 3:17am Dec 13, 2019 3:06am | Edited 3:17am
Quoting HumzahJ
{quote} Is GBP not worth buying. Is it not going to keep going up?
The million dollar question. But since it is Friday and after such a big move, we will probably see a lot of profit-taking. A substantial pullback wouldn't be unusual, probably to the 1.337 - 1.333 area.

Quoting Mitiblotch
{quote} Your broker did that just to take out SL of buyers before moving up, I guess.
I checked other brokers. There are quite a few with such spikes and then others who don't have it. Spikes are on Global Prime, ICMarkets, FXCM, Forex.com, ... Even on IDC (which is just a data provider). Then Oanda, Saxo or your broker don't have a spike.
  • #3,077
  • Dec 13, 2019 3:19am Dec 13, 2019 3:19am
Quoting post
Anyway.. EU sold 1.1194, SL & TP open GBP sold 1.3506, SL & TP open. Happy Trading
Out Cable 1.3393, EU running

Happy Trading
Trades technical moves enforced by fundamentals
  • #3,078
  • Dec 13, 2019 3:21am Dec 13, 2019 3:21am
Quoting HumzahJ
{quote} Is GBP not worth buying. Is it not going to keep going up?
Heyy Buddy... wait for the dust to get settled...... cable could go to 1.4 in near future depending on Brexit & Free trade deal confirmation... 1.35 could cap GBP for the time being...


Happy Trading
Trades technical moves enforced by fundamentals
  • #3,079
  • Dec 13, 2019 3:29am Dec 13, 2019 3:29am
Quoting post
{quote} Heyy Buddy... wait for the dust to get settled...... cable could go to 1.4 in near future depending on Brexit & Free trade deal confirmation... 1.35 could cap GBP for the time being... Happy Trading
Solid advice!

Please bring EU back to 1.1200 I want to join the sell train.
  • #3,080
  • Dec 13, 2019 3:34am Dec 13, 2019 3:34am
Sold US oil 5960, SL & TP open..

Happy Trading
Trades technical moves enforced by fundamentals
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