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Cable Update (GBPUSD)

Quoting navk
{quote} I closed my shorts for a full day salary. Now I will look to have Timhortans coffee and donut in NY session.
My salary getting big...and big because I hold it
Quoting conglomerate
{quote} My salary getting big...and big because I hold it
what is your short next target?
Quoting waky
{quote} Do you think it can go lower? Or will it try 3250 again?
Navk went for a , he want answer lol
I say whatever, its your problem if not happy
Quoting waky
{quote} Do you think it can go lower? Or will it try 3250 again?
I don't know what happen next or future. No sign of reversal, I hold my short. I'm swing trader. Often I harvested my profits in few days, weeks and even months.
Quoting conglomerate
{quote} I don't know what happen next or future. No sign of reversal, I hold my short. I'm swing trader. Often I harvested my profits in few days, weeks and even months.
Thanks for ur reply! I'm a newbie. How do u tell when there is a reversal? I realised diff people have diff methods.
Quoting Robinhood1
{quote} Navk went for a , he want answer lol
lol. Pl. some one answer pls.
Quoting conglomerate
{quote} I don't know what happen next or future. No sign of reversal, I hold my short. I'm swing trader. Often I harvested my profits in few days, weeks and even months.
if I can get hold of 3263,i will hold to 2500,just jealous now
Quoting waky
{quote} Do you think it can go lower? Or will it try 3250 again?
daily is still bullish. And it is Friday.

Up and down can happen. 3191 to 3154 may be the target. After up....
taken long EJ. STOP just 10 pips.
Quoting navk
{quote} daily is still bullish. And it is Friday. Up and down can happen. 3191 to 3154 may be the target. After up....
3194/3154 then a retest to 3225 but never 3251 again
Quoting Robinhood1
{quote} Navk went for a , he want answer lol
️
green pips 2 all✌🏻
Quoting waky
{quote} Thanks for ur reply! I'm a newbie. How do u tell when there is a reversal? I realised diff people have diff methods.
If GU moving up and move above 61.8 fib from "Daily Higher High" 1.32567, that's reversal or still bullish Daily
Quoting LeongPuiy
{quote} what is your short next target?
My target? If GU can not over 1.32972 (Daily Res), and than moving lower and lower, the target is around Daily support at 1.2660.

But, please understand about target step:
1. 1.31810
2. 1.31310
3. 1.30270
4. 1.29210
5. 1.27840
6. 1.26600

Trade on Daily and H4, when the price consolidation, watching this until where the price moving. Add new entry/position if the price continue running that way.

This is for the sample: https://www.forexfactory.com/showthr...6#post11576326
Quoting navk
taken long EJ. STOP just 10 pips.
s/o
here we go️
green pips 2 all✌🏻
Quoting LeongPuiy
{quote} what is your short next target?
This a sample I added a new buy entry for UCAD just now (0.4 lot at 1.3009). UCAD moving test to next Res 1.30811. UCAD need 1 more Wave Up (Elliot Wave).

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4-04.png Size: 74 KB


GU just broke support 1.3181 (first target), wait.....Re-test candle on H4 (consolidation), if GU continue moving down, I will add a new short entry. Yes so simple like that.
Why the heck still sell waiting from 1.3239 down to 1.3018...
Support 1.3181 just broke. Next target 1.3131. But must wait US data release
Quoting Robinhood1
{quote} Another scenario has just come into play. If price reaches 1.3039 Ill be switching to long till 1.3628. I will close my shorts around 1.3070 and wait
Ok. for some reason my chart provider keeps displaying slightly different quotes on my chart and again I am short till 1.2500. Target is 124.33 at least but 1.2500 will do for me.
I say whatever, its your problem if not happy
Quoting conglomerate
Support 1.3181 just broke. Next target 1.3131. But must wait US data release
What time US Data will be released ??
Muhammad Kashif
Muhammad Kashif All Time Return: 35.2%
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