i am excepting more fall for gbp , bad data , & too adp & nfp will come good
NidalDarawsheh
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more to the downside i guess before it shoots
Gbprider
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wave theory is very risky , it will ruin the account in no second , better dont follow it simple logic do u think gbp is stronger to rise ? pmi data will be bad & tomorrow nfp will be read . so what next?it will move down more !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
njdfj
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it's probably the trader's trading strategy or poor risk management is risky to his/her account balance. no analysis will be right 100% of time mate.
anilmangal
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No one trades wave theory (such statement show an ignorance of the concept of "wave theory") You should use wave to analyze the chart and make forecast. To trade you need a tested strategy which should be based on the analysis you do. You should also use good money management and good risk management. Ignorance is what will ruin your account.
Gbprider
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Agreed . Good money management will survive the Account , but structural wave will be invalid today when gbp pmi data release
VijaySanghishetty
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Anil.., Please ignore the Trolls..,
Lot of us agree with your Idea.., and most importantly.., lot of us "Understand" your charts.
We respect your skill set and your work.
anilmangal
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I am optimistic he will learn something :)
Gbprider
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lol i am been trading gbp/usd for years as of now, Mark my words today it will move down more my tp 1.4860 tomorrow after nfp gbp/usd total death