Dislikedvery nice rejection and another proof that bulls will surrender very soonIgnored
Cable Update (GBPUSD)
{quote} Hi Jonstaples, Out of interest, how long are you hoping/expecting to hold your trade for until it reaches targets 1 and/or 2? I have been looking at a similar long trade, with a target of 1.52062.
Also i would like a close above the 10-day moving average to give enough momentum to rise.
This week we will have also the nonfarm payrrols that might turn the table
or help us 
.
- #421,603
- Dec 2, 2015 1:49am Dec 2, 2015 1:49am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Good opportunity for sell (if the price rise, I will adjust the SL level according to new informations that arise)
Money moves the market, not an indicator.
- #421,607
- Dec 2, 2015 3:30am Dec 2, 2015 3:30am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} I hope so too
Money moves the market, not an indicator.
- #421,608
- Dec 2, 2015 3:35am Dec 2, 2015 3:35am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} I hope so too
Money moves the market, not an indicator.
- #421,609
- Dec 2, 2015 3:44am Dec 2, 2015 3:44am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #421,613
- Dec 2, 2015 4:15am Dec 2, 2015 4:15am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} Man...... seems we got in at the same level
This trade is covered. If price turn against and rise, we should lose 0% . Give him a chance to develop, we now are placed on important zone for massive move. USD/CAD and EUR/USD are in the same situation. I missed the drop of EUR , ehhh I was reading the news on media. Hope I'll get in with tight SL before 1.05555 breakout wich may attract huge amount of money *all money flows from intermediate and minor trends*. Now, it's about risk management and HOPE for bigger profit . Nobody know the future.
Money moves the market, not an indicator.
- #421,614
- Dec 2, 2015 4:18am Dec 2, 2015 4:18am
{quote}
Making money feels easy when you covered yourself 
- #421,615
- Dec 2, 2015 4:21am Dec 2, 2015 4:21am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote}
This negate all emotions from ecuation .
Money moves the market, not an indicator.
- #421,616
- Dec 2, 2015 4:29am Dec 2, 2015 4:29am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} Thinking of selling the EURUSD too
.If the price start decline again, they become optimistic, "phew, I thought I will lose again, God" , imagine their emotions .
Another sell opportunity, some risky I will look exit before it turn against me if there are signs of strenght :
Another sell opportunity, some risky I will look exit before it turn against me if there are signs of strenght : {image}
Exit or go for trailing stop :
Money moves the market, not an indicator.
- #421,617
- Dec 2, 2015 5:11am Dec 2, 2015 5:11am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Update : New SL for trailing stoppers :
Money moves the market, not an indicator.
- #421,618
- Dec 2, 2015 5:15am Dec 2, 2015 5:15am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} Cover your trade now : {image}
Money moves the market, not an indicator.
- #421,619
- Dec 2, 2015 5:27am Dec 2, 2015 5:27am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Long term view for GBP . {image}
{quote} Long term view for Brirtish Pound Update: {image} {image} {image}
Money moves the market, not an indicator.
- #421,620
- Dec 2, 2015 5:59am Dec 2, 2015 5:59am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored