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- forex_dimi replied Jul 10, 2019
PS till now "copy-paste" last month's movement? (forget the actual price, see the movement) If FOMC good..
Cable Update (GBPUSD)
- forex_dimi replied Jul 10, 2019
GDP was my main concern. Came as expected, but have read that market would prefer something better to overcome lost months. Pound is "good" today, usd is the "problem"
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- forex_dimi replied Jul 10, 2019
Closed at 70, when saw bad data
With good data, I was expecting around 1.25, now will see.Cable Update (GBPUSD)
- forex_dimi replied Jul 10, 2019
Market seem to wait for the Manufacturing,GDP etc figures in about 1hour.
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- forex_dimi replied Jul 10, 2019
long at 50, sl 35 (depends on price action maybe much less), tp 70-75 Edit: Took 2nd long at 45 (it was about 1-2min before London open-counted to that), closed previous one at be+1, same tp/sl (Normally don't do that, but my price was 45 earlier ...
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- forex_dimi replied Jul 9, 2019
Sorry for the late respond. Used to trade with fibos in the past, now just drawing them (not to often). I am using various systems and decide which to choose that moment (prefer 1min charts for the entry, but the decision comes from other tf's) I ...
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- forex_dimi replied Jul 9, 2019
Don't know what had happened. Might be only time of the day. Don;t forget that price has already moved 82pips today. Nevertheless that movement destroyed my trade too.
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- forex_dimi replied Jul 9, 2019
It was a good call, had the same short at 66, at the break of 58, thought market would go down to 45, and at the retracement saw this (not sure if this fibo is in efect-have various in other charts) Powell didn't say anything about rates and Fed's ...
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- forex_dimi replied Jul 9, 2019
Be careful, the 75lvl might be the re-test of the previous s/r and price go down
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- forex_dimi replied Jul 9, 2019
I mean why waited so long (since I see you are scalper), your signal should have come earlier
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- forex_dimi replied Jul 9, 2019
You are right about that, BUT (only my view) gu is short from EU open and that continued in London open too, without retracement. From the past movements that (for me) implies carry trades. That is why I prefer to see a range of +10pips (of average) ...
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- forex_dimi replied Jul 9, 2019
Till now market has made a range of 64 pips. Personally I believe that another 10 pips are feasible.
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- forex_dimi replied Jul 9, 2019
Tomorrow is the big day to see the picture. Red news for pound and off course FOMC.
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- forex_dimi replied Jun 19, 2019
out at 1.2670 as mentioned earlier, even if with such FOMC pair can reach today 1.27
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- forex_dimi replied Jun 19, 2019
That would be my target (more or less, prefer 70lvl) only if FOMC would be "good"
BUT don't underestimate that short would come into play againCable Update (GBPUSD)
- forex_dimi replied Jun 19, 2019
Are you referring to the large one? This was downloaded yesterday (don't recall where), shows the different prices supports-resistance.
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- forex_dimi replied Jun 19, 2019
I think there was a rumor that Tramp was looking a way to sack Powell, that is why e/u raised 20pips, the same time.
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