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Cable Update (GBPUSD)

  • #543,361
  • Aug 19, 2020 10:45am Aug 19, 2020 10:45am
i think USD have one more last push down and then bull will attack very hard and go up
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  • #543,362
  • Aug 19, 2020 10:50am Aug 19, 2020 10:50am
I had placed the GU shorts on the premise of ""reaction"". Very unscientific, I know. LOL.
Oh, small position. Dangerous to guess the top. LOL

I like to see reactions of price when it hits a milestone. Could be ""rejection" or "euphoria".
When Majors like GU, EU and AU broke above long consolidation, and yet no fanatic follow thru to rally to the heavens even when NY session comes, it looks strange.
Maybe waiting for FOMC minutes at 2pm?
Nevertheless I placed a small short, and was kindda spooked when GU sink.

That said, IMO this rejection cannot be singly viewed as reversal until more evidence is observed, maybe next few days worth.
  • #543,363
  • Aug 19, 2020 10:54am Aug 19, 2020 10:54am
When GU was making top in Asia, some here were talking..bears will learn lesson.

If 3260 was shorted, 85 pips today.

Anyways, no one is guru..and just follow the PA instead of predicting.

IMO
Intraday only.
  • #543,364
  • Aug 19, 2020 11:09am Aug 19, 2020 11:09am
Quoting vowan4ik
{quote} {quote} moved sl at BE {image}
seem to will hit my sl at BE...
wait price lower
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,365
  • Aug 19, 2020 11:12am Aug 19, 2020 11:12am
Quoting Moty
when you go with the trend , even the crooks can't hurt you {image}
forget about the crooks.
its about your own decisions.
Something is wrong with your trend determination.
Youre on the wrong side every time.

Try to determine trend without an indicator. see what happens.
in wondering about yourself, you forgot what you came here to be part of
  • #543,366
  • Aug 19, 2020 11:13am Aug 19, 2020 11:13am
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yes yes yes
  • #543,367
  • Aug 19, 2020 11:13am Aug 19, 2020 11:13am
Quoting vowan4ik
{quote} seem to will hit my sl at BE... wait price lower
i am surprised you didn't run away when it went 20 or more pips in your favor.
  • #543,368
  • Aug 19, 2020 11:18am Aug 19, 2020 11:18am
Quoting knkie
{quote} forget about the crooks. its about your own decisions. Something is wrong with your trend determination. Youre on the wrong side every time. Try to determine trend without an indicator. see what happens.
He need only stop buy top n sell bottom
buy retrace , not keep buy at critical resistance or sell support
PA Return Today: na
  • #543,369
  • Aug 19, 2020 11:34am Aug 19, 2020 11:34am
Quoting msniper
i think USD have one more last push down and then bull will attack very hard and go up {image}
I don't know why you against MOTY
Normally his trades make sense, hitting SL is part of the trade
I always follow him
So many many times if hit SL , why we don't give appreciation when we got TP on his views, just because we never wanna see loss???? If u can see loss get off of this trade son
  • #543,370
  • Aug 19, 2020 11:34am Aug 19, 2020 11:34am
I'm waiting for spikes...
before reversing the trend they tire everyone, buyers and sellers.
  • #543,371
  • Aug 19, 2020 11:41am Aug 19, 2020 11:41am
Quoting Marcieny
I'm waiting for spikes... before reversing the trend they tire everyone, buyers and sellers.
Wait sis, as MOTY said
Luring sellers
So buy is on the way , depends if you have enuff to hold your buy
In my view 3154 is still a buying point
Below that sharp fall to 3100 and below can be seen
Else we may see GU 3300++ very soon
  • #543,372
  • Aug 19, 2020 11:43am Aug 19, 2020 11:43am
Quoting epzero
{quote} i am surprised you didn't run away when it went 20 or more pips in your favor.
MOTY
I've been your follower, even though hot many SL
But many many TP also
And here I agree
DX false ballooning
  • #543,373
  • Aug 19, 2020 11:43am Aug 19, 2020 11:43am
Quoting epzero
{quote} i am surprised you didn't run away when it went 20 or more pips in your favor.
no big deal mate)
i wait a big movement on 100 or 200 pips, but i want 300 pips movement
ha ha ha
i'll buy from 1.305, 1.30
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,374
  • Aug 19, 2020 11:51am Aug 19, 2020 11:51am
reverse ?
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  • #543,375
  • Aug 19, 2020 11:58am Aug 19, 2020 11:58am
Quoting The Magician
{quote} That was a lovely lil drop wasn't it. I did the same - but have held half the position in at BE+10. Done for the day and cup of tea time! GL!
Profit locked in at 22 pips and left to run - net 60 for the day. Out of curiosity, do you guys come out of your positions or do you use trailing stops once you've locked in a nice profit in case it goes further??
  • #543,376
  • Edited 12:16pm Aug 19, 2020 12:05pm | Edited 12:16pm
Quoting navk
When GU was making top in Asia, some here were talking..bears will learn lesson. If 3260 was shorted, 85 pips today. Anyways, no one is guru..and just follow the PA instead of predicting. IMO
This is why I wish to avoid reading here while trading.

Just scan thro asian posts, you will know.

Clue : 10 likes for that post.

Intraday only.
  • #543,377
  • Aug 19, 2020 12:16pm Aug 19, 2020 12:16pm
Beginning of the end for pound
Patience.....
  • #543,378
  • Aug 19, 2020 12:17pm Aug 19, 2020 12:17pm
Quoting pipcenturion
{quote} Greetings everyone, GBPUSD did a higher value for it cumulative buy volume. The new level of interest for BUYERS is now at 1.31452 Cheers! {image}
one bottle of cold beer for you for the bear run
  • #543,379
  • Aug 19, 2020 12:17pm Aug 19, 2020 12:17pm
Quoting Fredo219
Beginning of the end for pound
yes. looks like.
Intraday only.
  • #543,380
  • Aug 19, 2020 12:22pm Aug 19, 2020 12:22pm
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yes yes yes
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