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

knkie Feb 27, 2020 9:23am | Post# 512741

knkie i closed all orders in 85 now with one fake news it could jump to the daily pivot so thats why i closed orders with huge retrace happened in new York session is not normal - i was expecting 1.28230 but failed it may go down up to that or more but very slowly like yesterday NY session - take care more profit to you guys
i hear ya.
Im keeping a tight stop on this
thank you for the heads up

Samirmirzad Feb 27, 2020 9:25am | Post# 512742

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not good in drawing but here is what confusing me ! see the pic
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fabert Feb 27, 2020 9:25am | Post# 512743

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In H4 could be a Head & Shoulders..1st attempt to neckline has been rejected.. I'm short with average 1.29033
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shahab8b Feb 27, 2020 9:27am | Post# 512744

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GBPUSD
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Name: GBPUSD-5H1 2272020 k.png
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Samirmirzad Feb 27, 2020 9:35am | Post# 512745

nice Shahab - yesterday i had sell in 1.30 - 6 lots i closed to early lol but got only 2000 - today my
entry was at 1.2945 from where it fall but this big correction during NY opening killed me lol
lets get less every day than losing much with GPB pairs we cant go for longer term
because of brexit , virus now and trade deals thats too risky

knkie Feb 27, 2020 9:46am | Post# 512746

{quote} im gonna try it ... SELL 2889
exit +10 on a trailing stop

Samirmirzad Feb 27, 2020 9:48am | Post# 512747

nice knkie in 10mins the news any up move is good sell opportunity but cautions !

pipfarm Feb 27, 2020 9:53am | Post# 512748

For now looks like i have taken profit in the right place

Samirmirzad Feb 27, 2020 9:55am | Post# 512749

For now looks like i have taken profit in the right place
same here pip nice job bor

pipfarm Feb 27, 2020 9:55am | Post# 512750

nice Shahab - yesterday i had sell in 1.30 - 6 lots i closed to early lol but got only 2000 - today my entry was at 1.2945 from where it fall but this big correction during NY opening killed me lol lets get less every day than losing much with GPB pairs we cant go for longer term because of brexit , virus now and trade deals thats too risky
Good job

Do you trade any other pairs , i usually scan every available pair twice a day, top down

Found a gold long trade not long ago, already in profit

Samirmirzad Feb 27, 2020 9:56am | Post# 512751

{quote} Good job Do you trade any other pairs , i usually scan every available pair twice a day, top down
before 2018 i was only with EU after that i am trading only crazy GBPUSD nothing else

pipfarm Feb 27, 2020 10:04am | Post# 512752

not good in drawing but here is what confusing me ! see the pic {image}

One of my rules is if confused , stay out, never try and make it fit to what you want

pipfarm Feb 27, 2020 10:06am | Post# 512753

Momentum rises at the bottom of the swing, thats the first clues get out

Samirmirzad Feb 27, 2020 10:06am | Post# 512754

{quote} One of my rules is if confused , stay out, never try and make it fit to what you want
your right pip 100%, its testing back NY high !

fabert Feb 27, 2020 10:09am | Post# 512755

{quote} One of my rules is if confused , stay out, never try and make it fit to what you want
I closed

navk Feb 27, 2020 10:14am | Post# 512756

{quote} I closed
this is why I trade Asia, frankfurt and London open.

NY usually confuse me.

navk Feb 27, 2020 10:15am | Post# 512757

the best way to trade NY is after 1 pm est, last 4 hr candle.... counter trade.

pipfarm Feb 27, 2020 10:19am | Post# 512758

the best way to trade NY is after 1 pm est, last 4 hr candle.... counter trade.
Dangerous game taking counter trades , best opps are with the main drag that is where the money is

navk Feb 27, 2020 10:32am | Post# 512759

{quote} Dangerous game taking counter trades , best opps are with the main drag that is where the money is
not dangerous after 1 pm EST.

The pair might pull another 20 pips ...max after this time. watchout.

pipfarm Feb 27, 2020 10:41am | Post# 512760

{quote} not dangerous after 1 pm EST. The pair might pull another 20 pips ...max after this time. watchout.

Well good luck with that , i don't think of trading as based on times of the day but if it works for you good, personally i would not recommend it to others for the sake of a few pips , i can wait for more action going with the flow rather than against.

On another note i was just looking at the indexes and there seems to be no end to the downside

Gold is now up 7 dollars from my entry , might hit 1700 soon


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