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ChiForex replied Oct 14, 2020After the spike above 1.2950 to 1.2977, although retreated but took 20 pips and increased my sell entry to 1.3015-25 as I see it might come, better positioning for me.
Cable Update (GBPUSD)
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ChiForex replied Oct 14, 2020Tp2 met, despite a move to 1.2820s is possible but am sticking to my plan and took big profit @1.2875 Who want to buy, don't do before 1.2820s while for bears wait on side line for now but around 1.2950(today's high) seems good.
Cable Update (GBPUSD)
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ChiForex replied Oct 13, 2020A word of advice for confused traders and they are the most here! Mentality is what makes you successful not skills. You should set a day/week/month plan and stick to it, not change your mind on buys or sells many times per day. Without good ...
Cable Update (GBPUSD)
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ChiForex replied Oct 13, 2020Tp1 met, trailing stop on if Tp2 not targeted before..
Cable Update (GBPUSD)
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ChiForex replied Oct 12, 2020Back to my words..GU failed to base above 1.3070 but exactly under it, targetting 1.3030 to decide if will base below or bounce to 1.3070 for another try..
Cable Update (GBPUSD)
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ChiForex replied Oct 12, 2020The pair holds on major S/R but many days it get stuck in irrelevant range and if you enter at high level you might get stuck for days..so best to keep buying lower as daily movement analysis give signs of possible down move. However, some days like ...
EUR/CHF
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ChiForex replied Oct 11, 2020Short entered on Friday @1.3045 have first Tp @1.2975, second Tp @1.2875 and SL @1.3105, with trailing stop according to price action. Generally, a base above 1.3030 necessary to start bullish movement to 1.3070 that needs another base above for ...
Cable Update (GBPUSD)
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ChiForex replied Oct 9, 2020GU will find resistance just below 1.3050, only a daily close above 1.3050 may make the pair rally 200pips upward..
Cable Update (GBPUSD)
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ChiForex replied Oct 8, 2020Now focus turning back to 1.2850-60s to Tp, a break below will target 1.2750s-80s, on upside no other than trailing stop for now
Cable Update (GBPUSD)
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ChiForex replied Oct 7, 2020Failing to base below 1.2850 is switching my attention to shorting 1.2970s as possible bullish movement next, hopefully before FOMC.
Cable Update (GBPUSD)
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ChiForex replied Oct 6, 2020Good news for $, less printing the more valuable $ becomes.
Cable Update (GBPUSD)
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ChiForex replied Oct 6, 2020GU have the potential to fall further around 100pips down to the conflict support zone 1.2750s-1.2790s
Cable Update (GBPUSD)
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ChiForex replied Oct 1, 2020GU fall to 1.2800s seem quicker than expected, a break there will target 1.2750s-60s that should hold the pair from further decline
Cable Update (GBPUSD)
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ChiForex replied Oct 1, 2020EU looking to target 1.08-1.0850 Medium term selling zone for bears good positioning. Only a base above the latter might change this fact. On downside, a base below 1.670s might make the pair slide down to 1.1380s, below there we may see 1.1330s but ...
EURUSD only
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ChiForex replied Oct 1, 2020GU looking to target 1.3020s that's a Medium Term good positioning for bears. Only a base above there may change this fact. On downside, a base below 1.29 necessary to target 1.28 down to 1.2750s that if price bases below, weakness will extend ...
Cable Update (GBPUSD)
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ChiForex replied Sep 29, 2020Bad, his main problem not knowing to lock profits, he keep on dreaming/stuck minded at some levels, watching 50+ become -50pips! *Market no longer moving smoothly like years ago, a swing might not continue, a breakout might mostly be fake.. Briefly, ...
Cable Update (GBPUSD)
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ChiForex replied Sep 29, 2020Party time

I have pending sell @1.2948, come on Mrs. market show us one of your beautiful fake 1 second spike then fall down

Cable Update (GBPUSD)
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ChiForex replied Sep 29, 2020Nothing to trade for, waiting time right now. Only if EU have the power to reach 1.1770s by tomorrow and it must first break 1.1720 and base above, by so..GU might reach up to 1.2950 by first removing 1.2920s too. Briefly, much resistances on ...
Cable Update (GBPUSD)