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Reverso replied Aug 31, 2022ADP non farm was really bad for USD (good for GU to go up), but the bullish momentum was short lived, leaving a long up wick behind in current candle. Not sure why, but I will take it, down it goes.
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Reverso replied Aug 31, 2022no bull my lord wizard, boy sminem is locked up now, sacrifice your blood to blockchain brothers to enjoy his blessings down only.
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Reverso replied Aug 31, 2022Short is doing well, candles after my entry has long up wicks and test the previous support as resistance repeatedly, increasing confidence in the trade. With little doubt, the price indeed moved downwards. Trade is already "no regret" status upon ...
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Reverso replied Aug 31, 2022Short entry 1.16388, SL 1.16820, TP 1.15739. DUMP IT.
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Reverso replied Aug 30, 2022TP hit, ending the day with net positive. This trade is like a phoenix risen from the ashes, super near SL then reverse all the way to TP.
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Reverso replied Aug 30, 2022I have a support zone too drew at the lowest low 1.16487 - 1.16557. To hit the TP, this support needs to be broken and create a new low, what is a trend if there are no HH/LL? This day onwards I will trade like a machine, only strictly follow rules, ...
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Reverso replied Aug 30, 2022Thanks to the blockchain brothers driving the price down for all of us! By their grace, I was just a hair away from hitting SL, they bring my Short trade back from near-death to now in 50% TP profit!
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Reverso replied Aug 30, 2022Both high impact news for USD are green (better than forecast quite a lot, not just marginal), also aligned with GU's long term down trend, DUMP IT.
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Reverso replied Aug 30, 2022LOL, market flirts with my mental again, very nearly hitting my SL, then reversed sharply, now close to my entry point. USD high impact news in less than 10 mins, will this drive me to TP?
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Reverso replied Aug 30, 2022Broke daily pivot and closed below lower key level, entered a valid Short, final trade for the day. Entry 1.16911, SL 1.17230, TP 1.16433.
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Reverso replied Aug 30, 2022Upside momentum lost steam, then go all the way down, nearly hitting my SL but not hitting it, reverse bullishly, then finally hit my SL after a few candles.
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Reverso replied Aug 30, 2022That's the way my man, slow and steady wins the race, survive to trade another day. Set your TP higher than your loss, every time you win more and lose less, in the long run, you still win even if you are right only 50% of the time. I used to keep ...
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Reverso replied Aug 30, 2022The Long trade is going well. At the time of entry, the price actually closed above my upper key level marginally, so there was a slight discomfort but technically still a valid entry as long as closed beyond that upper key level. After 2 candles, ...
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Reverso replied Aug 30, 2022Long scenario materialized, closed above upper key level. Entry 1.17367, SL 1.17102, TP 1.17765.
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Reverso replied Aug 30, 2022Daily pivot near lower key level, signaling bullish bias for the day, unless pivot broken then will Short. Price held up well, maybe this retrace isn't done yet, 1 more wave of retrace before resuming the true direction (down)? Let's see.
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Reverso replied Aug 29, 2022When Monday opens, the straight line down continues like an unstoppable force. What goes down must come back up, after London Open the price structure finally present itself a bullish reversal structure, it was a no-brainer trade, but I didn't take ...
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Reverso replied Aug 27, 2022Nope, I am the type who keep things simple, I just manual backtested for Aug today, and reached a conclusion that this month should be a 81% return instead of a pathetic 12% return now. My strategy is simple, bias is guided by placement of daily ...
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Reverso replied Aug 27, 2022As prophesized my lord, dump it is, that will be the theme for next week's GU pair, DUMP IT.
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