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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

chess king Nov 13, 2019 10:52am | Post# 503481

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THIS triangle must decide the way!




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sunnym Nov 13, 2019 10:52am | Post# 503482

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You might have squeezed a few pips out of Cable but not the best trading day,both currencies strength and weakness was very close to each other.
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thevisitor Nov 13, 2019 10:54am | Post# 503483

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perfect target would be 1.2940
also 1.2880 -1.2900

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Zuhdi Nov 13, 2019 10:54am | Post# 503484

short 1.28404 targeting 20-30 pips

buddha- Nov 13, 2019 11:03am | Post# 503485

add $ more long

fontu Nov 13, 2019 11:16am | Post# 503486

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if m30 close over 98.18 this times may take a spike up to get 98.25+ and may hold also, already 4/5 times tested ,so more bear in others possible , care
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knkie Nov 13, 2019 11:17am | Post# 503487

add $ more long
`which timeframe are you focusing on for triggers?

donfriday Nov 13, 2019 11:22am | Post# 503488

Nearly tp hit 2 more pips... Edit: finished day good one... recovered 2 weeks of losses... {image}

how do you sleep trading 50 lots

buddha- Nov 13, 2019 11:32am | Post# 503489

weekly

meborn2win Nov 13, 2019 11:42am | Post# 503490

try it {file}
Hi Buddha,

This is repainting.

Thanks,
Raja

buddha- Nov 13, 2019 11:51am | Post# 503491

i told you before, repainted

meborn2win Nov 13, 2019 11:54am | Post# 503492

{image}{image}
Hi Moty,
can you share the indicators please.
Thanks,
Raja

Moty Nov 13, 2019 12:00pm | Post# 503493

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use as much as you please
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$_CC_Cloud_2.ex4
nez_Alert.ex4
Auto Pivots.mq4
PIVOT.tpl

fontu Nov 13, 2019 12:03pm | Post# 503494

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good luck usdx m30 tf , others not seems feeling the heat , should eventually if it success over higher tf . take care
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meborn2win Nov 13, 2019 12:09pm | Post# 503495

use as much as you please {image} {file} {file} {file} {file}
Thank you so much for sharing.
Regards,
Raja

navk Nov 13, 2019 12:10pm | Post# 503496

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Bit improved in Gold account only.

Bye guys, Good night.
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montygoldy Nov 13, 2019 12:14pm | Post# 503497

{quote} how do you sleep trading 50 lots
thats dow and dax scalping.... in my words 50 lots in them is equivalent to 10lots scalping in currency... my tp is very tight with super tight sl.. entries are based on 1 min charts.... no room to breathe....

pipfarm Nov 13, 2019 12:17pm | Post# 503498

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Update,

i really hate triangles but the reality is that this what cable is in at the moment as i mentioned in a previous post when the 3rd leg was forming due to the lack of momentum and the way it was taking shape, so i can only conclude that as the daily is in down looks like a correction the 4 hour is up in a correction to the daily down.

After looking at cable chart for about the 50th time or more i conclude short is the answer and to back my claim i entered short with one lot off the bounce of the upper trendline, its a live trade 1 standard lot, will add in more when the lower trend line breaks and if and when any further retracements develop along the way .

There is always a chance im wrong so copy my trade at your own risk.

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Leodgreat Nov 13, 2019 12:18pm | Post# 503499

perfect target would be 1.2940 also 1.2880 -1.2900 {image}
How do u come up to that Target point.
Can u pls, explain further. Would be very grateful.

thevisitor Nov 13, 2019 1:38pm | Post# 503500

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{quote} How do u come up to that Target point. Can u pls, explain further. Would be very grateful.
hello,
we are in consolidation mode.
current move is (probably) a corrective 3 wave A-B-C
target for "C" is 1.618 from wave 2 ~ 1.2940
this i not a must!!

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