Cable Update (GBPUSD)

you are going from open, he is counting the low.

The bulls won't even let the bears have a sniff of 2725. Pivot WR 100 at 2757 now on the danger of being taken out

Dude, I've moved on...tx

As Everyone (and that equates to normal) who has replied to you has pointed out, no matter what he has said, suggested, recommended or posted, the POINT is he didn't make you do anything. It's not a sheep flock here. Use your own brain. Think about it. Take some time off. You honestly can not do this by following like a sheep. If you can't make your own trades without asking somebody else if it's a good idea, you need to do a lot of studying these forums, watching and learning. Get a demo account and practice with an account equal to the size of the account you can afford to trade with. Come back one day when you're ready.

your call indeed if it pertains to your own trades.
But you are telling others in the thread not to buy this bull run.
https://www.forexfactory.com/showthr...13070762#reply

thats just irresponsible.

Totally agree. This forum has opinions, charts and all that. At the end of the day you have you use your own strategy, judgement and risk /reward tolerance in your trade. It's your real money you are risking.

i will start posting chart soon... but i knew this would happened because all AUD pairs are due for Reversal. example just look at AUD/USD ? AUD/USD & GBP/USD are correlation paris ....and look at OIL and stocks they are dealing with the $$$

Oil will impact the dollar, stocks will impact the dollar etc....

S&P500 is going up, cooper is going up . copper is AUD , OIL is CAD

So you understand why its making such an aggressive move now?

Hi guys, very rarely do I comment or post on this forum yet I follow threads everyday, however I feel its time to attempt to contribute something beneficial. Firstly Epzero it is inappropriate and flat out offensive to make such a comment about another individual who while I don't agree with Georgeinson's current analysis or way he goes about sharing his analysis (I feel for his own benefit he should try to come across a little less bias when sharing his thoughts) I respect the fact that he has his own method and system of analyzing and entering trades. I also respect you (Epzero) and understand that you are coming from a place of frustration and emotional stress (common when you find yourself on the losing side of a trade), what I don't respect however is when a trader has no system or technical/fundamental qualifications to enter a trade, additionally traders without a proper understanding of risk management and lack of discipline to close a trade by themselves (because thats what their analysis and trading system tells them to do, whether it be manually or with a stop loss). What makes this worse is when traders then blame other traders for their loses. My advice to all traders on this forum is this "YOU MUST HAVE YOUR OWN SYSTEM OR CHECKLIST OF MET REQUIREMENTS TO ENTER A TRADE, YOU YOURSELF AND ONLY YOURSELF ARE RESPONSIBLE FOR THE OUTCOME OF THAT TRADE (not someone else, not the market or the latest breaking economic news that sends a currency suddenly 100pips in the opposite direction) AND FINALLY YOU ARE RESPONSIBLE FOR MANAGING YOUR CAPITAL AND HAVING A COMPLETE UNDERSTANDING OF WHAT YOU ARE RISKING (and therefore prepared to lose) BY ENTERING YOUR TRADE (SIZE & POSITION) AT ANY GIVEN PRICE.

If you cannot do that or lack the skill/understanding/confidence to do that then thats totally ok but you should not be trading a live account, if your understanding of the above bold listed items is a little weak then that is when you can follow the advice of other traders on this forum but that should only be done in a demo account and used to test, back test and ultimately develop your own trading system (copying or adopting someone else proven system is also fine but there is a big difference between following someones system and following someones trades, if you blindly take positions because someone on this forum says to do so then you deserve to lose your money (sorry if thats harsh but it is the honest truth).

Once you have your system developed you can of course refine it and modify it, I suggest doing that over time and with small changes here and there, so don't go out and change your system tomorrow to follow that of someone on this forum who had a win today. I use this forum as a resource or tool, I use it because I know as an individual trader I am not able to process everything that is happening in the market. I use this forum for confluence but also I use it to identify potential points of reversal or trend direction change that other traders may post that I did not recognize in my own analysis. However no trader on this forum has the power to tell me when to enter or exit a trade and which direction the pair is going. Likewise I do not have the power to tell other traders to enter or exit a trade. For example my trading system is indicating to me that this pair is currently moving towards the 1.2950- 1.2975 area, so right now I am using the forum (posts from other traders) as a tool to highlight potential resistance/support zones or reversal points so that I can then decide whether or not my trading system has failed at a particular price and if so if I wish to close my trade or risk letting it continue (I use the forum to discover and highlight potential technical indicators that are relevant to my system to tell me this)

Which brings me to my final point (which I know is wishful thinking). If you have taken the time to read this post I thank you and I also would like you all to consider the following. Personally I find there is too much ego in this forum, whether it be people posting their profits in a gloating manner or others strongly telling people to buy or sell at a certain price point and then gloating when their analysis is right or ridiculing someone else when their analysis is wrong. Guys I ask of you please when you post to consider other traders and their feelings. Im sure when this forum was created nearly some 27k pages ago it was done so with the intention of sharing trading ideas, trading indicators and helping each other develop their own trading style and system with the common goal to make each individual trader as successful as they can be. I don't believe it was created to hype up your ego when you made a correct call or to gloat about profit while others are licking their wounds from the loss they have just endured, likewise it shouldn't be used to ridicule one another instead guys I plead with you to use it as a resource to help one another, to educate one another and to support one another during good (wins) times and bad (losses). Guys that is my 2c but after rereading it and realizing how long it is its more like 3-5c worth of opinion, regardless if you made it this far I thank you and wish you all the best on your forex trading journey. Good day!!!!

you are right, your call was the best.
but you are saying every hour the same words.
this post is much better, useful for the thread

tx

EURUSD has broken the 1.15 mark. What is happening to USD

Your post are really funny haha

Bro dont blame the $$ blame it on the OIL . i think they are trying to compensate the investors for the crash of last time .

Final support for $$$ 95.xxx if it fails then there will be major crash on most of the pairs

I ussualy skip this long comments but this time i read everything
Very good and human response hope u have a good day

There is nothing irresponsible in what I typed mate ... Face your work mate... It is swing approach deal with it and get off my back. 200 pips up and it's like 1000 pips up, if swing traders can't Tolerate floating of such pips then money management has not been diligently used.

Do you start preaching to swing traders to start buying at a high price? I said it as I saw it, if you are not 18 years you shouldn't trade forex, we are all adults here and sensible enough to decipher if an information being passed aligns or not.

I did not give the instruction to scalpers or intra day traders as they have every right to follow the trend or make use of their stop losses if need be.

Push your ignore button on me if am being stupid to you.

Thank you and same to you!

I maintain my view. Currently the GU Daily trend is still long, what we saw today was a fight at a major level...that is normal. Interestingly though, today was also about dollar weakness, and not pound strength. Looking forward, it is clear that the pound will need very good fundamentals to push it higher to the levels some posted here. Bottom line, the market during Covid has kicked major ass, for both bulls and bears...today you are on the winning side, just to lose tomorrow.

I'll hold onto my short entries at 1.2750, and will trade it as a retrace. If the market turns further south, I'll adjust accordingly.

Guz

enough is enough

My D chart view
Lets see how it plays the lvl still can retrace to the last trend line if not, expecting D candle to break that lvl