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Cable Update (GBPUSD)

  • #565,881
  • Dec 16, 2020 3:04am Dec 16, 2020 3:04am
Quoting Sang.Real
Hi. Newbie here. An opinion to trade set up. Any comments and view are welcome for learning purposes. Thank you. {image}

Newbie Scalping again.

Any comment are welcome
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  • #565,882
  • Dec 16, 2020 3:05am Dec 16, 2020 3:05am
Quoting Steamroller
This is my Sterling prediction for the week. M T W T F
Who needs fundamental and technical analysis when you have emojis!
  • #565,883
  • Dec 16, 2020 3:06am Dec 16, 2020 3:06am
Quoting Georginson
{quote} Then few days later crashed to 1.29...
keep selling

see you above
Make money by doing the opposite of Giveachance aka loser
  • #565,884
  • Dec 16, 2020 3:12am Dec 16, 2020 3:12am
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yes yes yes
  • #565,885
  • Dec 16, 2020 3:12am Dec 16, 2020 3:12am
bulls very confidence.. but on the other hand bears still wait to strike back..
bears wait till bulls over confidence and not aware they open position in dangerous place..
they forgot GU is wild zone and situation can flip in second, then bears start to roar but thats to late for bulls to defence bears move..

coming soon..if we see rejection ofc.. haha cheers..
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Trade what you see, not what you think.. react and stay sharp..
  • #565,886
  • Dec 16, 2020 3:24am Dec 16, 2020 3:24am
Many are still selling a pair that's on uptrend
If you wanna sell at least wait to do it at highs not midway, how many times should I repeat this for you to understand

GU can head up to around 1.36 where real resistance starts, by basing first above 1.3520
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #565,887
  • Dec 16, 2020 3:27am Dec 16, 2020 3:27am
Quoting ChiForex
Many are still selling a pair that's on uptrend If you wanna sell at least wait to do it at highs not midway, how many times should I repeat this for you to understand GU can head up to around 1.36 where real resistance starts, by basing first above 1.3520
if you want to see the worst traders you have a few names here who keep shorting

go against all the guys who said 1.30 or 1.29

easy win
Make money by doing the opposite of Giveachance aka loser
  • #565,888
  • Dec 16, 2020 3:30am Dec 16, 2020 3:30am
Quoting shahab8b
{quote} Coreg2004, it seems like an impulsive wave. What do you think? {image}
GU
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  • #565,889
  • Dec 16, 2020 3:35am Dec 16, 2020 3:35am
Quoting Moty
drop it mf {image} {image}
3483 is a bullish price so far, if you are interested in real market info
Always Defend your investment 1775
  • #565,890
  • Dec 16, 2020 3:44am Dec 16, 2020 3:44am
How deluded can someone be? risking a buy to 1.36 just 100 pips away ahead of possible mammoth drop to 1.29... is it not obvious we are trading at a yearly high which usually corrects by 500 - 800 pips? See September 2020 and December 2019 for clues.

My candid advise to newbies do not follow blindly and be caught buying at a top or selling at a bottom.

Follow simple money management rules of modest stakes and never buy at a top or sell at a bottom.

Only very few traders are sincere in this thread.
Data + Stat + Risk/Emotions Management
  • #565,891
  • Dec 16, 2020 3:47am Dec 16, 2020 3:47am
100 pips drop to go please
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yes yes yes
  • #565,892
  • Dec 16, 2020 3:51am Dec 16, 2020 3:51am
Quoting Moty
100 pips drop to go please {image}
I will tell when a true seller can appear, or will give the sell price when appears, don't see shorters so far
Always Defend your investment 1775
  • #565,893
  • Dec 16, 2020 3:52am Dec 16, 2020 3:52am
lets go again short at 1.35000 ... the market continues to ignore any -ve brexit headlines ...
  • #565,894
  • Dec 16, 2020 3:53am Dec 16, 2020 3:53am
Quoting gettoefl
{quote} locking in 100
closing long +200, looking for shorts here or little higher
twitter: @gettoefl
  • #565,895
  • Dec 16, 2020 3:55am Dec 16, 2020 3:55am
I will stay long till 1.3620-40
Always Defend your investment 1775
  • #565,896
  • Dec 16, 2020 3:59am Dec 16, 2020 3:59am
Quoting Georginson
How deluded can someone be? risking a buy to 1.36 just 100 pips away ahead of possible mammoth drop to 1.29... is it not obvious we are trading at a yearly high which usually corrects by 500 - 800 pips? See September 2020 and December 2019 for clues. My candid advise to newbies do not follow blindly and be caught buying at a top or selling at a bottom. Follow simple money management rules of modest stakes and never buy at a top or sell at a bottom. Only very few traders are sincere in this thread.
yes keep selling
and let your followers follow you and lose all

price keeps making new highs and you keep selling

smart trader
Make money by doing the opposite of Giveachance aka loser
  • #565,897
  • Dec 16, 2020 4:00am Dec 16, 2020 4:00am
Quoting Georginson
How deluded can someone be? risking a buy to 1.36 just 100 pips away ahead of possible mammoth drop to 1.29... is it not obvious we are trading at a yearly high which usually corrects by 500 - 800 pips? See September 2020 and December 2019 for clues. My candid advise to newbies do not follow blindly and be caught buying at a top or selling at a bottom. Follow simple money management rules of modest stakes and never buy at a top or sell at a bottom. Only very few traders are sincere in this thread.

Hi Georginson,

You are sharing some very good advice there. Im trying to do better - thanks for keeping me on my toes.

Yes this place is brilliant for anyone interested in GBP trade... the advice given by some members is exceptional.
  • #565,898
  • Dec 16, 2020 4:01am Dec 16, 2020 4:01am
Long. TP set 3540
Emotional Control. Process, not outcome.
  • #565,899
  • Dec 16, 2020 4:03am Dec 16, 2020 4:03am
Quoting Georginson
How deluded can someone be? risking a buy to 1.36 just 100 pips away ahead of possible mammoth drop to 1.29... is it not obvious we are trading at a yearly high which usually corrects by 500 - 800 pips? See September 2020 and December 2019 for clues. My candid advise to newbies do not follow blindly and be caught buying at a top or selling at a bottom. Follow simple money management rules of modest stakes and never buy at a top or sell at a bottom. Only very few traders are sincere in this thread.
issue is dollar index is making a new low every hour. so there is still some upside left. 1.3560 is entirely possible
  • #565,900
  • Dec 16, 2020 4:04am Dec 16, 2020 4:04am
#GBPUSD / Weekly, Daily & H4
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