{quote} Makes you wonder. The German Auto makers cannot get enough of the right parts out of China currently. Some are on two day working weeks currently. I know production is cancelled on some models.. The ECB has bags of make believe euros to keep pumping into it though.... suppose we'll see if there are real buyers at 1.12000 for EurUsd or not?
{quote} Hi PC New to this tread but not a newbie. Being trading The Captains Fox hunt fore some time with good results. I dont understand you going short on gbp/usd. I unnderstand you are doing the daily but why. Being long from the buttom of jail/contraction number one jail. I´m long from green cirkel. {image}
you have caught the trend in hourly chart.
unless Dollar are strong then both pairs will be up.{quote} Welcome Downey50, Not long ago I once used the 1 hour chart until one day I had a pair not reverse and it almost ate up all of my margin. I learned that the daily chart was the true guide for direction. I use the 4 hour for entry. I have a large margin that I use as insurance when I get stuck in a trade. I will not close out any trade because of the size of my margin. I went short on GBP/USD because I believe in my jail break system. It's my opinion that this pair is moving lower because the market maker has tricked all of these buyers into...
Me too ha ha..and always we cannot win them all. At times hourly is good at times Daily is good at times H4 is good so which one.. we trade different timeframes different entries and exits.. so again individual.{quote} Well said bud.
My last levels calling short for EURUSD and GBPUSD below. Not going to add any more positions leaving it to run till my take profits. Simple... Sold EURUSD at 1.12024. Sold GBPUSD at 1.29360. I will add more short for EURAUD at 1.70000. Set pending sell limit. Nothing can be done when you’re in losses just have to sit back relax and wait for price come to you. Waiting is brutal no choice that is the game of trading.. yawning away... Closed my computer and off to bed.
I have bought 10 positions for USDCAD at 1.33950. Target will be at 1.34500.
big waves are coming..
Hi PokerChip thanks for the great thread im new to the trading world with real money and after reading your tread with all the traders on it I feel ready to take the next step I hope I can get some advice on the in's and outs
Thank you for reply TC & TR. I will follow this thread and comment if it is ok. Looking for stage 3 on the GBPUSD on the 1H. TP locked ad 1,294 - lets see.
