DislikedI will use the next 15 minutes to confirm my bullish bias. If price goes down, i wont be buyingIgnored
Cable Update (GBPUSD)
{quote} Aha hmm nice. But for me looks too complicated.What I see is my sell signal: bearish divergence and double top on H4. Shorts placed @1.3175, SL 1.3300. First target 1.3030 (may be revised). {image}
Second, thanks god I didn't place a Sell stop, cause I should have been stopped out, cause I would have placed that SL a lot closer.
{quote} I've been waiting for this, I hope not to be sleeping if it develops. Volume decreased seriously on last top. I don't wanna place a sell stop in case it is filled by a weak movement
A good strategy for trading is... the opposite of having a bad strategy.
- #437,685
- Aug 24, 2016 7:04am Aug 24, 2016 7:04am
- Joined Jul 2016 | Status: Trader | 3,318 Posts
trading is simple but is simple is not easy.
- #437,688
- Aug 24, 2016 7:23am Aug 24, 2016 7:23am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Hunting High and Low
- #437,690
- Aug 24, 2016 7:37am Aug 24, 2016 7:37am
{quote} I agree... I shorted 1.3250 before and closed for scalp... now trying the same on retesting; TP as you said 1.3200 or slightly above. I hope it will play out nicely
Hope this is the final destination for the bulls today.
- #437,691
- Edited 8:00am Aug 24, 2016 7:38am | Edited 8:00am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Hunting High and Low
- #437,695
- Aug 24, 2016 8:08am Aug 24, 2016 8:08am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
Don't Leave Money on the Table
- #437,696
- Aug 24, 2016 8:10am Aug 24, 2016 8:10am
- Joined Nov 2015 | Status: I'm hungry | 4,034 Posts
Guys, be careful with longs now; The today's upgoing potential for cable is running out. We will be coming back to 3200 soon (Today or tomorrow). Best D.P.
U.S. Guys might do it , hoping anyway
gotcha!! +356 pips taken at 3252 - my sweet spot... Short @ 3253, T/P @ 3197 (Today's open price) Best D.P. {image}
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I have a little more than a year here and I've learnt a lot, I want to keep learning.
While I'm waiting for short opportunities, all of you are taking advantage of the last bits of power that longs have.
Maybe it's because I'm yet a 9-5er, but I hope to achieve the same as you are achieving guys.
Kudos!
A good strategy for trading is... the opposite of having a bad strategy.
- #437,700
- Aug 24, 2016 8:20am Aug 24, 2016 8:20am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
{quote}
I must say GU is a new pair to me; I like trade EU mostly.
I have found that succesfully trading both pairs, doing it intraday, is impossible.
Right now I have a difficult situation on EU, so I must dissolve it out.
Best
D.P.
Hunting High and Low