NCM Conservative (Od icmfund)
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Jul 14, 2021 at 13:41
Uczestnik z Jul 17, 2016
46 postów
drayzen posted:Fourth rejected😉Kn0rtzsch posted:Third rejection at 1.732, so upside is no certainty.
I think waiting for the pullback is the worst now. Prices making higher lows and higher highs, there will be a breakout to the upside and put the account into a bigger DD.
Uczestnik z Jun 24, 2020
5 postów
Jul 14, 2021 at 14:42
(edytowane Jul 14, 2021 at 14:48)
Uczestnik z Jun 24, 2020
5 postów
Just my 2 cents...
The more rejections there are, the weaker is the level.
Still one more FIB target above @ 1.73855 . Then no more FIB targets. There should be a retracement till 1.72937
Problems are GBPUSD and USDCAD that are soooo bullish!
The more rejections there are, the weaker is the level.
Still one more FIB target above @ 1.73855 . Then no more FIB targets. There should be a retracement till 1.72937
Problems are GBPUSD and USDCAD that are soooo bullish!
Jul 14, 2021 at 16:50
Uczestnik z May 14, 2021
12 postów
Perfect example of a whipsaw earlier. A major bank or dark pool is manipulating GBPCAD pricing. When this happens, there is no overbought or oversold and no such thing really as support and resistance. the Whipsaw went into full daily range and broke up into H4 support which immediately failed. Has confirmed my view that possibly only manually trading on higher time frames with SL is probably the best fit for most. OK, NCM may end up back at BE or close but with 1:500 leverage, no SL, it's a recipe for sleepless nights.
Uczestnik z Mar 26, 2017
7 postów
Uczestnik z Jun 24, 2020
5 postów
Jul 15, 2021 at 17:37
Uczestnik z Jun 24, 2020
5 postów
jimbobule posted:
Perfect example of a whipsaw earlier. A major bank or dark pool is manipulating GBPCAD pricing. When this happens, there is no overbought or oversold and no such thing really as support and resistance. the Whipsaw went into full daily range and broke up into H4 support which immediately failed. Has confirmed my view that possibly only manually trading on higher time frames with SL is probably the best fit for most. OK, NCM may end up back at BE or close but with 1:500 leverage, no SL, it's a recipe for sleepless nights.
To me, there is no central bank and/or dark pool. USDCAD changed to a bullish trend. Check out the weekly chart. We cannot fight the trend. We hope the GDPUSD gets somehow bear to compensate the bull USDCAD.
Averaging up in a bull trend is suicide.
Jul 15, 2021 at 20:40
Uczestnik z Oct 22, 2012
48 postów
I appears that GBP gets is strength from Covid.
More Covid cases = stronger GBP... 🙄
Maybe GBP has received it's Moderna shots and is infecting others, because it's currently toxic to anything that goes near it.
While I expected GBP to be forming new averages post-Brexit, this current strength against everything else just makes so sense.. 🤷♂️
At least we've now reached a point of multiple historical highs. Given this, personally I'd only be considering small closely-monitored hedges or you might bind yourself up.
More Covid cases = stronger GBP... 🙄
Maybe GBP has received it's Moderna shots and is infecting others, because it's currently toxic to anything that goes near it.
While I expected GBP to be forming new averages post-Brexit, this current strength against everything else just makes so sense.. 🤷♂️
At least we've now reached a point of multiple historical highs. Given this, personally I'd only be considering small closely-monitored hedges or you might bind yourself up.
..the alien does not concern itself with the opinions of humans..
Uczestnik z Dec 21, 2018
117 postów
Jul 16, 2021 at 05:16
Uczestnik z Dec 21, 2018
117 postów
It looks like the system is in disaster.
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