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Cable Update (GBPUSD)

  • #547,401
  • Sep 10, 2020 10:06am Sep 10, 2020 10:06am
i got stopped out

i will be away from gbp these days not easy
  • #547,402
  • Sep 10, 2020 10:06am Sep 10, 2020 10:06am
Quoting VM.
{quote} Brexiters say that hard Brexit would benefit UK and hit Europe. Markets don't quite agree...
Positives and negatives to both. Tariff's can help domestic producers and the government increase revenue however consumers and foreign producers lose out and a portion is lost through decreases in demand etc meaning tariff's result in a net loss. Good for UK business though, its just dependant on if we can specialise well enough in order to increase economic efficiency.
  • #547,403
  • Sep 10, 2020 10:07am Sep 10, 2020 10:07am
Quoting epzero
{quote} You are clearly not a trader you have changed your mouth again , I tot you said it will go to 1.35 before coming down again ? You need to learn how to trade because you clearly don’t
Silly you, if you have assimilation problem go back to kindergarten school and start from basics...
Data + Stat + Risk/Emotions Management
  • #547,404
  • Sep 10, 2020 10:07am Sep 10, 2020 10:07am
Quoting Georginson
Long re entered 1.2858... extremely tight stop 1.2849
Are you sure your a swing trader or your just trading candlestick ?
  • #547,405
  • Sep 10, 2020 10:08am Sep 10, 2020 10:08am
Quoting Georginson
{quote} Silly you, if you have assimilation problem go back to kindergarten school and start from basics...
So far everything I’ve said has happened and all you have said has gone wrong so stop posting for now
  • #547,406
  • Sep 10, 2020 10:11am Sep 10, 2020 10:11am
Quoting Georginson
Long re entered 1.2858... extremely tight stop 1.2849
This is for medium term keeps... I will hold till 1.33/1.35 level except stopped out at 1.2849.
Data + Stat + Risk/Emotions Management
  • #547,407
  • Sep 10, 2020 10:12am Sep 10, 2020 10:12am
Quoting Georginson
{quote} This is for medium term keeps... I will hold till 1.33/1.35 level except stopped out at 1.2849.
swing trade with 10 pips stop? please
Make money by doing the opposite of Giveachance aka loser
  • #547,408
  • Sep 10, 2020 10:13am Sep 10, 2020 10:13am
Quoting Georginson
Long re entered 1.2858... extremely tight stop 1.2849
I am 100% sure you will loss this trade
  • #547,409
  • Sep 10, 2020 10:13am Sep 10, 2020 10:13am

add $ for long
  • #547,410
  • Sep 10, 2020 10:14am Sep 10, 2020 10:14am
Quoting nessus94
{quote} swing trade with 10 pips stop? please
If stopped out I will re enter at 1.2750 area...
Data + Stat + Risk/Emotions Management
  • #547,411
  • Sep 10, 2020 10:16am Sep 10, 2020 10:16am
Quoting nessus94
{quote} swing trade with 10 pips stop? please
Someone should pls check on Moty he has stopped posting , it’s funny how people think they can predict the market with all the negative news going on about brexit , today sell was a gift to us but some people who call themselves guru traders kept shouting buy and lead the crowd with them , I’ve made so much money this month just from selling gu
  • #547,412
  • Sep 10, 2020 10:18am Sep 10, 2020 10:18am
come on guys & gals
Do Not Buy This Falling Knife.

the news is terrible for GBP
TA does not come into play now.
Its tanking on news.
in wondering about yourself, you forgot what you came here to be part of
  • #547,413
  • Sep 10, 2020 10:18am Sep 10, 2020 10:18am
Quoting WhipKream
{quote} i think pound is overvalued, but still, EU in no better shape, its like germany thinks italy and spain dont exist...
Europe is relatively better for now, they won't be hit as badly by Covid and definitely not by Brexit.

But EUR will have its fall later, I believe, and probably soon. And if/when the European sovereign debt crisis returns (I think next year), it will most definitely be very negative for EUR.
  • #547,414
  • Sep 10, 2020 10:21am Sep 10, 2020 10:21am
Instead of talking about levels - talk about what is happening in the UK and US economy - and if you agree with the chart
Is the chart right?
Has this move got further to go
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #547,415
  • Sep 10, 2020 10:23am Sep 10, 2020 10:23am
She is in my channel now...
Attached Image(s) (click to enlarge)
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Maadik Hugiis. IQ 69.
  • #547,416
  • Sep 10, 2020 10:27am Sep 10, 2020 10:27am
i want index push up 300 point more, after gbp ur turn
  • #547,417
  • Sep 10, 2020 10:28am Sep 10, 2020 10:28am
Quoting forda
{quote} First part of plan was correct. If second is right to we should be in the end of wave 4. We are in 61.8 of wave 3 so i’ll be looking for longs. Let’s see... {image}
added to my long here.

tp 1.345 but if wave 4 overlap wave 1 i’ll be looking to close about 1.305

trade safe
you can't stop the waves, but you can learn to surf
  • #547,418
  • Sep 10, 2020 10:33am Sep 10, 2020 10:33am
long here
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  • #547,419
  • Sep 10, 2020 10:33am Sep 10, 2020 10:33am
Quoting Georginson
{quote} Mate, I did state the importance of price closing above 1.2980 which add bullish credence. Also, September range already did 597 pips which is 88% of the maximum possible range of the month... Also consider the weekly range which had stretched to 384 pips which is just 9 pips away from the maximum weekly range in the last 10 weeks being 393 pips. Everything points towards up should the price close above 1.2980 which doesn't mean price can't still fall but that is a typical reversal sign... So any fall is now a buy should price close above...
It’s less than 24hrs and your already wrong .
  • #547,420
  • Sep 10, 2020 10:33am Sep 10, 2020 10:33am
Quoting Georginson
Long re entered 1.2858... extremely tight stop 1.2849
Confucius say he who tries to pick bottom gets stinky fingers...
Prices are never too high to begin buying or too low to begin selling.
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