I have some short signals coming up, holding a short from 1.1773 I'm thinking of adding at 1.1768-70 again and let them

The Swamp

wish you are right, to buy lower

The Swamp

Its almost a sure thing

The Swamp

1.2905-1 coming

Cable Update (GBPUSD)

Still, you imagine a very low price of commodities with a low dollar value? how the producers in south america or asia are doing? they will all go broke

The Swamp

its not a suprise to see the dollar being devaluated. But now, risk is heavy. Who's selling the dollar after such a big drop ahead of the FED event ? I am thinking some traders will get caught with the pants off

The Swamp

its a dollar play, only about it with a 10% devaluation of the dollar, its a surprise commodities are not surging higher

The Swamp

question for the bulls, will they make a lot of profits if they buy now 1.2983 ?

The Swamp

more at 1.2976 and 1.2983

Cable Update (GBPUSD)

yes, its a rip off their fund you can't trade during news, you can't hold during news, you can't hold on week ends, you need low DD, high Reward

Cable Update (GBPUSD)

50% DD on a single thread is not making you a trader, it makes you a gambler Big diff

Cable Update (GBPUSD)

retailers are usually wrong, or maybe the whole thread is right?

Cable Update (GBPUSD)

a lot of traders here are watching above 1.30-1.31 i don't like that

Cable Update (GBPUSD)

Of course, like everybody But i'm not letting go 20/30% of my equity in a single position. If i see a move of 3 to 5% away from my BE, i'm sweating....so imagine 25%. As you said, you are relying on hope at the moment, and not based on an ...

Cable Update (GBPUSD)

Ok, good stats, but stats are meant to be broken You are already losing 20-25% of your account now, what if we spike to 1.32 tonight? you'd be losing 50% What's next then? when will you stop your short? or you will stay short until you are right? I ...

Cable Update (GBPUSD)

only a finger worst case scenario ^^

The Swamp

I don't think your range stats work maybe you should do something more technical than statistical

Cable Update (GBPUSD)

short 1.2961

Cable Update (GBPUSD)

short 1.1751

The Swamp

now for the max pain for bulls...break below short bottom now?

The Swamp