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Majors Active Trading

  • #241
  • Jan 24, 2018 6:59am Jan 24, 2018 6:59am
Quoting mr.brown
{quote} GBPUSD has some 100-200 pips possible range above, however Am strong bearish w it. I might not be right though target 1.2000 ish[will be updated soon]
That's very bearish....

Anyway, we are +150 pips for the day, so I think you would be loading your shorts here?
  • #242
  • Jan 24, 2018 7:37am Jan 24, 2018 7:37am
Short USD has been the theme for the past few days/weeks. When it unwinds it will happen quickly but when? Maybe if jobless numbers are strong on the 25th.
  • #243
  • Jan 24, 2018 7:40am Jan 24, 2018 7:40am
Intraday long XAUUSD setting up.
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  • #244
  • Jan 24, 2018 7:42am Jan 24, 2018 7:42am
Quoting clemmo17
Short USD has been the theme for the past few days/weeks. When it unwinds it will happen quickly but when? Maybe if jobless numbers are strong on the 25th.
Maybe crude later will give a small boost? Lol idk.
  • #245
  • Jan 24, 2018 7:42am Jan 24, 2018 7:42am
+70 Am I allowed to count gold pips?
  • #246
  • Edited 8:23am Jan 24, 2018 7:48am | Edited 8:23am
Going short USDCAD. Target 1.232

-50
Exiting and going long.
  • #247
  • Jan 24, 2018 8:13am Jan 24, 2018 8:13am
Quoting MoneyFocus
{quote} That's very bearish.... Anyway, we are +150 pips for the day, so I think you would be loading your shorts here?
I said Am bearish w it. not said GBPUSD is bearish. Also said there is a possible 100-200 pip up move
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  • #248
  • Jan 24, 2018 8:17am Jan 24, 2018 8:17am
1- u can not pin point big reverses. it happens once or twice in a lifetime
2- being bearish dont mean that Am 100% correct
3- Am almost 70% correct n thats more then enough form me
4- always trade ur own charts
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  • #249
  • Jan 24, 2018 8:21am Jan 24, 2018 8:21am
Quoting MoneyFocus
{quote} That's very bearish.... Anyway, we are +150 pips for the day, so I think you would be loading your shorts here?
Quoting mr.brown
am bullish w Oil starting $50 n yet bullish w it targeting $62 n $66 in 4-8 weeks. can not advise entering rally from actual level

I'll show u nice Oil trade. u might dream of it this evening
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  • #250
  • Jan 24, 2018 8:22am Jan 24, 2018 8:22am
Quoting mr.brown
{quote} I said Am bearish w it. not said GBPUSD is bearish. Also said there is a possible 100-200 pip up move
Yes, exactly. At the point when you made that post, GU then did move up 100-200 pips. So I was just wondering if you would be short from here since the 100-200 pip up move has been done. And yes, of course everyone trades their own charts, but it is always fun to have a second opinion from a good trader. Cheers.
  • #251
  • Jan 24, 2018 8:24am Jan 24, 2018 8:24am
Quoting MoneyFocus
{quote} Yes, exactly. At the point when you made that post, GU then did move up 100-200 pips. So I was just wondering if you would be short from here since the 100-200 pip up move has been done. And yes, of course everyone trades their own charts, but it is always fun to have a second opinion from a good trader. Cheers.
depends on my risk appetite n management
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  • #252
  • Jan 24, 2018 8:31am Jan 24, 2018 8:31am
A bearish chart n being bearish r totally different things. some ppl having difficulties understanding d great difference between two terms.
before criticizing pls do understand 1st
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  • #253
  • Jan 24, 2018 8:35am Jan 24, 2018 8:35am
Quoting mr.brown
A bearish chart n being bearish r totally different things. some ppl having difficulties understanding d great difference between two terms. before criticizing pls do understand 1st
er chill..i wasnt criticizing you...?
  • #254
  • Jan 24, 2018 8:38am Jan 24, 2018 8:38am
Quoting MoneyFocus
{quote} er chill..i wasnt criticizing you...?
hahhaaa no offense taken just clearing d terms for d contributers, trade well
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  • #255
  • Edited 9:44am Jan 24, 2018 8:43am | Edited 9:44am
Quoting mr.brown
US long range heavy B2 bombers deployed to Guam. I can hear war drums n this will probably weaken DXY more
I assume DXY keeps weakening however GBPUSD will weaken more. So Am bearish w GBPUSD n bullish EURUSD
In long-medium term trades, should be taken account into that Central Banks might take action n change things
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  • #256
  • Jan 24, 2018 9:51am Jan 24, 2018 9:51am
Quoting MoneyFocus
{quote} Maybe crude later will give a small boost? Lol idk.
This was a good call. Did you trade it?
  • #257
  • Jan 25, 2018 1:46pm Jan 25, 2018 1:46pm
I feel like I'm monopolizing this thread now.

But there's the first sign of the reversal, GBPUSD confirmed bearish.

The news is blaming it on something Trump said. LOL as the kids say. Will we ever know the real reason the market suddenly decides to turn at a specific moment? It's like a game of liars poker where everyone's watching each other wondering when the first person will crack. One person folds and the rest follow suit.

What matters is the market was ready to turn it just needed a catalyst. If it wasn't ready it would have shaken off Trump's statement as typical nonsense.
  • #258
  • Jan 25, 2018 2:02pm Jan 25, 2018 2:02pm
Quoting clemmo17
I feel like I'm monopolizing this thread now. But there's the first sign of the reversal, GBPUSD confirmed bearish. The news is blaming it on something Trump said. LOL as the kids say. Will we ever know the real reason the market suddenly decides to turn at a specific moment? It's like a game of liars poker where everyone's watching each other wondering when the first person will crack. One person folds and the rest follow suit. What matters is the market was ready to turn it just needed a catalyst. If it wasn't ready it would have shaken...
go on
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  • #259
  • Jan 25, 2018 2:03pm Jan 25, 2018 2:03pm
Quoting mr.brown
EURUSD target {image}
here my EURUSD target was already posted which was 1.2500 - 1.2600 zone hit today. no surprise from my side
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  • #260
  • Jan 25, 2018 2:06pm Jan 25, 2018 2:06pm
Quoting mr.brown
{quote} I assume DXY keeps weakening however GBPUSD will weaken more. So Am bearish w GBPUSD n bullish EURUSD In long-medium term trades, should be taken account into that Central Banks might take action n change things
Expecting EURUSD bullish sideways n GBPUSD strong bearish

GBPUSD strong bearish might sound crazy but having my own reasons for that n might be wrong
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