{quote} Maybe I will fall in love with this position if a large drop will be made of the day candle
very enjoyable Quickie , 10 pips and i'm out
yes yes yes
Cable Update (GBPUSD)
- #519,303
- May 7, 2020 2:24pm May 7, 2020 2:24pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
{quote} don't fall in love with your position i'm also PLANING short for 15-20 pips {image} {image}
I really like watching your analysis Moty
I would add, don't fall in love with our analysis.
When market gives us hints we are wrong, accept the correction rather than adjusting our analysis to keep the "dream" alive, is it can turn into a nightmare
Compulsions can be hard to resist
- #519,304
- May 7, 2020 3:04pm May 7, 2020 3:04pm
{quote}
- #519,305
- May 7, 2020 3:10pm May 7, 2020 3:10pm
- Joined Apr 2011 | Status: Trader | 2,433 Posts
{quote}
- #519,306
- May 7, 2020 3:17pm May 7, 2020 3:17pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
{quote} well, you can fall in love with your trade if you dont want to be stuck to a screen for 12-15 hours a day. But right now during lockdown, its a good reason to be stuck to the screen i guess. Certainly could not do it in normal life. and theres definitely a better way of living than stuck to a screen making money
At which point, I just move onto the next hot move...
Compulsions can be hard to resist
- #519,307
- May 7, 2020 3:35pm May 7, 2020 3:35pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote}
- #519,309
- May 7, 2020 3:59pm May 7, 2020 3:59pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #519,311
- May 7, 2020 4:18pm May 7, 2020 4:18pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
- #519,312
- May 7, 2020 4:32pm May 7, 2020 4:32pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #519,314
- May 7, 2020 5:14pm May 7, 2020 5:14pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Its a very long wick on h4 you have also d1 is bullish at the bottom of a box
but box can make life hard ,it could go to 11983 and I would still be bullish until I see the test of the break down
monthly can print bullish like that and still break to the downside ,but that long wick before, it can take time, that's the problem with high tf
I wouldn't trade against that h4,in that location, also the red line on your chart I think comes from another location.
morning star h1 ,but to be fair only partly in space ,maybe it can't enter it
but box can make life hard ,it could go to 11983 and I would still be bullish until I see the test of the break down
monthly can print bullish like that and still break to the downside ,but that long wick before, it can take time, that's the problem with high tf
I wouldn't trade against that h4,in that location, also the red line on your chart I think comes from another location.morning star h1 ,but to be fair only partly in space ,maybe it can't enter it
{quote} I see u r still bullish even after 300pips drop I agree with u that we will head up to 1.27 and 1.30 also but don't u think cable can make one more drop before flying ? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #519,315
- May 7, 2020 5:16pm May 7, 2020 5:16pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #519,316
- May 7, 2020 5:17pm May 7, 2020 5:17pm
This is where we are now.
GBPUSD is going to pass through 50% MAJOR and if the lockdown easing message for the British economy will be solid, then we are breaking out of the swing. My prediction is to reach 61% MAJOR - 1.27160
GBPUSD is going to pass through 50% MAJOR and if the lockdown easing message for the British economy will be solid, then we are breaking out of the swing. My prediction is to reach 61% MAJOR - 1.27160
WT
- #519,317
- May 7, 2020 5:30pm May 7, 2020 5:30pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
{quote} I see u r still bullish even after 300pips drop I agree with u that we will head up to 1.27 and 1.30 also but don't u think cable can make one more drop before flying ? {image}
off bottom of box /pivot zone-daily bullish long legged doji into NFP
I don't know about the long green but it does add something
Red one is ok through close on a tweezer
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #519,318
- May 7, 2020 5:44pm May 7, 2020 5:44pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} Your transaction will become profitable Wednesday or Thursday. (Check me on that if you like.)
regards E
- #519,319
- May 7, 2020 6:09pm May 7, 2020 6:09pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea