Cable Update (GBPUSD)
{quote} how u holding up bro? ..u ok
{quote} @nAVIN2007
Poll of the day: Since the price close to the gap area. What do you think about the gap? 1. Price will fill it and move higher. 2. Price will fill it and move down heavily. 3. Price never touch gap area until next week. 4. Price will move the way he like and don’t care about gap exist or not. {image}
I am really tired of this HDA battering from some members here...the long trade was a good probability trade for a position trader...the one only reason its gone a bit skewed is because of a poll of a thousand people that say Scotland will like to destroy the UK....on the basis of the trade it fell almost 600 pips from the highs of 1.71...any positional trader worth his or her salt would have traded a retrace of about 86%.... so please get of your high horses that is made of ' I told you so' and analyse the trade for what it was....shhchhh....and...
I am really tired of this HDA battering from some members here...the long trade was a good probability trade for a position trader...the one only reason its gone a bit skewed is because of a poll of a thousand people that say Scotland will like to destroy the UK....on the basis of the trade it fell almost 600 pips from the highs of 1.71...any positional trader worth his or her salt would have traded a retrace of about 86%.... so please get of your high horses that is made of ' I told you so' and analyse the trade for what it was....shhchhh....and...
{quote} one u have your view it was a good trade because u are in the same trade
ok lads , .1.6270/80 are offer levels , a break above may target 6320 which is the 0.236% retest of the overall 1.7192-1.6051 range. The next referendum poll is due out at 21:00 GMT , so pay attention to it.
{quote} They don't mean anything, they might not even be real. And even if they are and some companies post their orders, its millions...it means 0.0000000000001% of the forex market, they have no power to move the price.
{quote} believe or not , informations upon some big frims , hedge funds positions are no secret to anybody nowadays . exemple , lot of big firms took a long position on UJ weeks ago when price was @103 level , they set up targets of 106 and above , same for euro . so if retail traders followed them , wuoldn't it be profitable to anyone . I am not saying that they should , but think about the information posted publicly . another exemple , I have been focused on USDCAD lately as I got the info that 1.1000 is a big option barrier , since then price...
