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Cable Update (GBPUSD)

  • #538,801
  • Jul 28, 2020 12:20pm Jul 28, 2020 12:20pm
Quoting Georginson
{quote} I still stick to my sell and even here at 1.2940 I still say it. Yeah it's really gone high but money management saved the equity... Average sell level at 1.2680 which I believe uptrend can't last till 1.31 without retracing at least 350 pips from high. I know I will get a lot of sticks for this but I say it anyways. I will wait for retracement and not panic close transactions. Worst case scenario I will close all at 1.2600 level which is 340 pips away at the moment. Peace
i never named you but it is interesting and quite telling that you felt the post was adressing you.

you have a scary form of cognitive dissonance btw.
in wondering about yourself, you forgot what you came here to be part of
  • #538,802
  • Jul 28, 2020 12:21pm Jul 28, 2020 12:21pm
where is the short my friends ?
,maybe in my mind .
so stupid of me to take trade against the trend , every single time .
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yes yes yes
  • #538,803
  • Jul 28, 2020 12:21pm Jul 28, 2020 12:21pm
If we just stick to respect and freedom of analysis expression this thread that is already good can even be better.
Data + Stat + Risk/Emotions Management
  • #538,804
  • Jul 28, 2020 12:22pm Jul 28, 2020 12:22pm
Yummmyyyyy!!!
Attached Image
Don't compare your trades to others. Most often the masses are the asses
  • #538,805
  • Jul 28, 2020 12:24pm Jul 28, 2020 12:24pm
good work by the 4 week chart, its not possible to call it with timed ranges or low tf

Quoting donfriday
{quote} this weekly candle or next weekly candle is very important right now anyone using price may want to short 1.30 and 1.32 but candle stick user will still wait for some reversal pattern
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #538,806
  • Jul 28, 2020 12:24pm Jul 28, 2020 12:24pm
Quoting Sunnyland
The next way is 1.30. {image}
Congrats for being a pure gambler
GU more probable targeting 1.2900s and 1.2880s than 1.30.
But even even even if if if GU reach 1.30..buying at 1.2950 when the pair barely tested it and DIDN'T penetrate it way up then came back is again BS Trading u do..Pure GAMBLING!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #538,807
  • Jul 28, 2020 12:26pm Jul 28, 2020 12:26pm
Quoting Moty
where is the short my friends ? ,maybe in my mind . so stupid of me to take trade against the trend , every single time . {image}
Tomorrow will be a better day and the folowing ones too
Dont go down
  • #538,808
  • Jul 28, 2020 12:27pm Jul 28, 2020 12:27pm
Quoting Moty
where is the short my friends ? ,maybe in my mind . so stupid of me to take trade against the trend , every single time . {image}
MOTY, I advise you to trade based on previous day candle.
Intraday only.
  • #538,809
  • Jul 28, 2020 12:27pm Jul 28, 2020 12:27pm
The dollar is gaining some traction for the first time in a while.. could be a direction change soon
  • #538,810
  • Jul 28, 2020 12:28pm Jul 28, 2020 12:28pm
Quoting Georginson
If we just stick to respect and freedom of analysis expression this thread that is already good can even be better.
yes the freedom of speech to critique others that are wrong.

It works both ways.

not just: i get to say what i want and others do not have the right to be critical.

if you post on an open thread, be ready to be critisized if you are wrong.
in wondering about yourself, you forgot what you came here to be part of
  • #538,811
  • Jul 28, 2020 12:29pm Jul 28, 2020 12:29pm
Quoting navk
{quote} MOTY, I advise you to trade based on previous day candle.
or maybe just on a demo until one is profitable in consistent fashion
in wondering about yourself, you forgot what you came here to be part of
  • #538,812
  • Jul 28, 2020 12:30pm Jul 28, 2020 12:30pm
same stuff day in day out.
Blessed that the guys who joined the group caught NY buys!!
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  • #538,813
  • Jul 28, 2020 12:30pm Jul 28, 2020 12:30pm
May 17 2020 (1.2073) - (1.2812 ) June 10 2020 = 739 pips

June 10 2020 (1.2812) - (1.2250)June 29 2020 = 562 pips

June 29 2020 (1.2250) - (1.2951)July 28 2020 = 701 pips

July high is asterisked as the high (1.2951) is not yet confirmed.

I will less at least 350 pips from whichever high it touches as the possible minimum retracement level.

As it stands 1.2951 - 350 = 1.2601.

Note: Please no obligation to follow, it is just my thought and analysis process at this point in time.
Data + Stat + Risk/Emotions Management
  • #538,814
  • Jul 28, 2020 12:30pm Jul 28, 2020 12:30pm
Quoting knkie
{quote} if you post on an open thread, be ready to be criticized if you are wrong.

correct
Intraday only.
  • #538,815
  • Jul 28, 2020 12:34pm Jul 28, 2020 12:34pm
Quoting knkie
{quote} or maybe just on a demo until one is profitable in consistent fashion
I demo regularly .... after 10 years of trading in live.

I gone to demo desk many times in the past.
Intraday only.
  • #538,816
  • Jul 28, 2020 12:35pm Jul 28, 2020 12:35pm
Quoting ChiForex
{quote} Congrats for being a pure gambler GU more probable targeting 1.2900s and 1.2880s than 1.30. But even even even if if if GU reach 1.30..buying at 1.2950 when the pair barely tested it and DIDN'T penetrate it way up then came back is again BS Trading u do..Pure GAMBLING!
thanks to your critical view, I will think about it.
  • #538,817
  • Jul 28, 2020 12:35pm Jul 28, 2020 12:35pm
Quoting navk
{quote} I demo regularly .... after 10 years of trading in live. I gone to demo desk many times in the past.
agreed its a great way to practice and try out new strategies.
in wondering about yourself, you forgot what you came here to be part of
  • #538,818
  • Jul 28, 2020 12:35pm Jul 28, 2020 12:35pm
Quoting knkie
{quote} yes the freedom of speech to critique others that are wrong. It works both ways. not just: i get to say what i want and others do not have the right to be critical. if you post on an open thread, be ready to be critisized if you are wrong.
WHY? Why does one need to be ready for CRITICISM? Are you saying that we can not be adults, and amicably disagree?

Example. "I see something different... THIS is what I see. What are your thoughts on my opinions" VS. "Hahaha.... You are an idiot.... anyone doing so n so is stupid..."

Is THAT not the premise behind a forum?
Don't compare your trades to others. Most often the masses are the asses
  • #538,819
  • Jul 28, 2020 12:37pm Jul 28, 2020 12:37pm
I see 1.30 as the first target for this move, 1.32 will be next, maybe after some retracement. https://www.forexfactory.com/thread/...3#post13079233
Attached Image (click to enlarge)
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  • #538,820
  • Jul 28, 2020 12:38pm Jul 28, 2020 12:38pm
Quoting OBsayMkMoney
{quote} WHY? Why does one need to be ready for CRITICISM? Are you saying that we can not be adults, and amicably disagree? Example. "I see something different... THIS is what I see. What are your thoughts on my opinions" VS. "Hahaha.... You are an idiot.... anyone doing so n so is stupid..." Is THAT not the premise behind a forum?
criticism is different from abusive words.
Intraday only.
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