Dxy ready for fresh leg up new high incoming….. on daily high possibility of decent length candle
Extreme gut feeling trader
Cable Update - Continued 118 replies
Cable Update (GBP/USD) without Idiots 25 replies
cable short for gbpusd? 10 replies
Why is GBPUSD called cable? 76 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
DislikedYesterday was great, it was a huge harvest of green pips. You may refer to my post of GU yesterday and my entry point was perfect. Let me share my opinion on GU today. From yesterday low, it has retraced almost 38.2 Fibo level which is at 1.24376 and daily pivot is also at 1.2438 area. The bears presence is noticed on 1 hourly. chart, so I short GU @ 1.4221 and stop loss is @ 1.2445 while take profit is @ 1.23721( just 50 pips) because today is Friday. If psychological level 1.2400 is successfully broken today, the target is a sure hit . {image}...Ignored
Disliked{quote} I'll short CHF/JPY next week and will hold until 145. TP-ing there after which I'm done. Earned money will go into Gold (good part of it). Gold am waiting for 1865. Monthly S2 (yellow line). Weekly zone line on 1865. Daily to confirm short today or tommorow, for which reason I believe one more is coming on Gold and GBP/USD as well before reversal.Ignored
Disliked{quote} That is why market exists in the first place, all can be buyers at a time neither can all be sellers at a point in time. There must exist buyers and sellers at a time and the imbalance between them determines the direction of the market. We are less likely to see an object the same way all the time and no one can be right hundred percent all the time. What matters is to manage the risks of trading properly because he who fights and runs live to fight some other timeIgnored
Disliked{quote} Gold may reach 1955/6. I closed gold with profits and went long usdcad. They both have similar patterns. There is a possibilty that gold drops to1893 before reaching 1955.
Ignored
DislikedHad this buy during Asia. still holding for TP. hopefully it shoots soon. got my payout way too early yesterday. The grind continues{image}
Ignored
Disliked{quote} Congrats mate, 35 pips profit is enough to enjoy weekend with. Withdraw your profit and bid market farewell till next week . That's the way I normally handle things on Friday.Ignored
Disliked{quote} had my prop payout yesterday. And I’m starting the account with 2% up already. it’s going to be a great week ahead. thanks mate.Ignored