Disliked{quote} when GU and USDX trade in the same direction When that happens, take a look at EURUSD and EURGBP. If EURUSD is running opposite to GU/USDX, then it is highly likely that EURGBP is the preferred pair at the moment.Ignored
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} when GU and USDX trade in the same direction When that happens, take a look at EURUSD and EURGBP. If EURUSD is running opposite to GU/USDX, then it is highly likely that EURGBP is the preferred pair at the moment.Ignored
DislikedWith volatility like this, it's a paradise for pips scalpers. I just tried that, to make sure I still remember how to do it. I almost do not do it since the beginning of trading. I know scalping can be profitable, but I also know the cost, both mentally and physically, as well as the tangible costs that you can end up paying more, than just paying swap fees (if holding in reverse carry direction). That was a quick 20 pips scalp. It felt electric. Just to kick start the new Fed-shock season. {image} {image}Ignored
Disliked{quote} yes, all the answers are on the chart, to use the GU chart for GU, the UJ chart for UJ, the DXY chart for DXY good luck!Ignored
Disliked{quote} Hi Iddd, I take it, you fall in the group of naked traders {image}A quick little story from the school of hard knocksIgnored
Disliked{quote} TP hit +85p UJ done for today. waiting for FOMC FOMC Price action preview!: {image}Ignored
Disliked{quote} FF traders donīt get rich. Sorry to disagree. Its more likely to be the other way no matter which pair is traded. Traders who know how to trade can trade any pair. What is surprising to find so many just stuck to cable. Cheers buddyIgnored
Disliked{quote} Of course every pair that includes USD is affected by the strength of USD. But you've oversimplified it by neglecting to include the strength of the other currency in each pair. Look at GBPUSD and EURUSD this week. Look at M15 and H1 and see how many times they were moving in opposite directions, TELLING you to trade EURGBP because EUR was kicking USD's ass.Ignored
Disliked{quote} If you are good at one thing and it will serve to achieve what you are looking for, why doing more? Greed? Too much time? Seen a Messi suddenly start playing Tennis?Ignored
DislikedAnother follow-up to my GBPJPY and USDJPY trades. Previously, here. Closed three more positions: 2 on GBPJPY and 1 on USDJPY, bringing active trades on each pair, down to 4 and 1. {image} {image} {image}Ignored
DislikedWhat is the minimum lower wick even when candle is bullish. For Feb and all months? Fun trade short @1.2335Ignored