I expect another round of USD strength across board in this current hour.
Cable Update (GBPUSD)
- #557,001
- Nov 4, 2020 10:09am Nov 4, 2020 10:09am
- Joined May 2013 | Status: Trader | 1,684 Posts | Online Now
- #557,003
- Nov 4, 2020 10:16am Nov 4, 2020 10:16am
- Joined May 2012 | Status: Senior Member | 3,108 Posts
- #557,005
- Nov 4, 2020 10:37am Nov 4, 2020 10:37am
- Joined May 2012 | Status: Senior Member | 3,108 Posts
Crazy sell limits? Yes but Im going to sleep and if biden wins we could see massive moves!
probability of reaching to those levels are less than 2%, however, if this 2% came in action I will be ready for it
probability of reaching to those levels are less than 2%, however, if this 2% came in action I will be ready for it
- #557,007
- Nov 4, 2020 10:58am Nov 4, 2020 10:58am
- | Membership Revoked | Joined Oct 2020 | 1,823 Posts
fasten the seat belts the show is about to begin..
I will tear the world apart for you.
- #557,008
- Nov 4, 2020 11:00am Nov 4, 2020 11:00am
- Joined Oct 2020 | Status: Trader | 14,050 Posts
{quote} Ok captain, I'm ready, which way!
Insane in the Brain..
- #557,009
- Nov 4, 2020 11:02am Nov 4, 2020 11:02am
- | Membership Revoked | Joined Oct 2020 | 1,823 Posts
I will tear the world apart for you.
- #557,010
- Nov 4, 2020 11:03am Nov 4, 2020 11:03am
- Joined Jan 2015 | Status: Trader | 1,293 Posts
{quote} Ok captain, I'm ready, which way!
- #557,011
- Nov 4, 2020 11:04am Nov 4, 2020 11:04am
- | Membership Revoked | Joined Oct 2020 | 1,823 Posts
{quote} All the way...
I don't board ships whereby the course isn't chartered!
I will tear the world apart for you.
- #557,012
- Edited 11:27am Nov 4, 2020 11:15am | Edited 11:27am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #557,013
- Nov 4, 2020 11:27am Nov 4, 2020 11:27am
- Joined Oct 2011 | Status: Lost.... | 2,384 Posts
Lost....
- #557,015
- Nov 4, 2020 11:37am Nov 4, 2020 11:37am
- Joined Jan 2015 | Status: Trader | 1,293 Posts
{quote} to....? I don't board ships whereby the course isn't chartered!
- #557,016
- Nov 4, 2020 11:50am Nov 4, 2020 11:50am
- Joined Apr 2020 | Status: Trader | 8,806 Posts
Trader with an Edge.
- #557,017
- Nov 4, 2020 11:56am Nov 4, 2020 11:56am
- Joined Sep 2017 | Status: Trader | 4,364 Posts
[quote=gespiri;13245720]
Hi Gespiri,
Let me give you a brief indication of how I trade. When I have a direction I try and get in as low as possible and lock in quickly. If my trail stops are taken out I move on and look for a better price to enter. If it does not come I move on for the next cycle. I do scalp eitherway inbetween cycles and make my quick cash off that. which I don't post here. I just do not have the time to do that all day long, and don't want to confuse traders here. My core trades are what I post here. This is very important to me as it builds a solid foundation in the direction I am at. Trail stops get taken out but usually I get left with a trade or two at the bottom. These trades are what I term " Survivors ". I do not look for a target because I know the markets can change in an instant, but always by hook or crook I end up with trades in the direction that no one expected. After all, this is what makes trading so difficult. I simply piggy back the trends and try and get in at high and lows in ranging periods and the winner of the range, the high or low becomes my next trade direction. GU weekly is at the 5th consecutive week above 1.28772 (Blue horizontal line) on my chart and also my weekly 240 lwma and if we do not get a weekly close below 1.28772 soon I am afraid 1.33864 ish and above could be in the pipeline. The US elections of course need to be finalized, so it is load and lock in quick as anything can happen.
Cheers.
{quote} Hi Guys, Seeing that I am in a cyclic uptrend my strategy has been to buy a low as possible. Elections or not. The idea is to lock in quickly and hopefully when the results come out, there will be a spike in the right direction with some surving trades, even if some some trail stops are taken out . So far working for me and of course I am not greedy.
Let me give you a brief indication of how I trade. When I have a direction I try and get in as low as possible and lock in quickly. If my trail stops are taken out I move on and look for a better price to enter. If it does not come I move on for the next cycle. I do scalp eitherway inbetween cycles and make my quick cash off that. which I don't post here. I just do not have the time to do that all day long, and don't want to confuse traders here. My core trades are what I post here. This is very important to me as it builds a solid foundation in the direction I am at. Trail stops get taken out but usually I get left with a trade or two at the bottom. These trades are what I term " Survivors ". I do not look for a target because I know the markets can change in an instant, but always by hook or crook I end up with trades in the direction that no one expected. After all, this is what makes trading so difficult. I simply piggy back the trends and try and get in at high and lows in ranging periods and the winner of the range, the high or low becomes my next trade direction. GU weekly is at the 5th consecutive week above 1.28772 (Blue horizontal line) on my chart and also my weekly 240 lwma and if we do not get a weekly close below 1.28772 soon I am afraid 1.33864 ish and above could be in the pipeline. The US elections of course need to be finalized, so it is load and lock in quick as anything can happen.
Cheers.
Trade to trade another day
- #557,018
- Nov 4, 2020 12:04pm Nov 4, 2020 12:04pm
- Joined Jan 2019 | Status: Trader | 2,845 Posts
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
- #557,019
- Nov 4, 2020 12:07pm Nov 4, 2020 12:07pm
- Joined Oct 2011 | Status: Lost.... | 2,384 Posts
Lost....