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Cable Update (GBPUSD)

Quoting navk
long GU for another9 push up. At 2870
what’s your reason for going long
Quoting epzero
{quote} what’s your reason for going long
my CCI hit 200 level and R2 hit.

added another long at 2864

My stop 2859
Intraday only.
M 5 trend line break to 1.28410 could pick up
Quoting greengp
M 5 trend line break to 1.28410 could pick up
CHART M 5
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Quoting navk
{quote} my CCI hit 200 level and R2 hit. added another long at 2864 My stop 2859
Oh wow, that's a very tight stop.
Quoting larrychew
{quote} Oh wow, that's a very tight stop.
see the bounce above my stop.

Intraday only.
Never have been good in predictions, but a mirror-like development seems not just optional, to me.
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Maadik Hugiis. IQ 69.
Quoting navk
{quote} see the bounce above my stop.
Damn that was close. Lol
Quoting Suj
{quote} talk about negative interest rates can take it down now

https://www.actionforex.com/action-i...tocks-rebound/
Sterling Jumps on BoE Comments, Dollar Softens as Stocks Rebound.
Sterling rises broadly today after BoE Deputy Governor indicated that negative interest rate is not imminent.
He said, “for me, I see the effective lower bound still at 0.1 which is where Bank Rate is at present”. Negatives rates are “in the toolbox” and BoE is just “duty bound” to explore in more details the operational considerations. Engagement with banks on negative rates will “take time”.
Quoting navk
long GU for another9 push up. At 2870
I added an other long from there too. My tp 1.2940 tomorrow. Then will look for 1.2865 again to long.
it will retrace at least to 1.28450
target was the twice the height of Friday candle
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yes yes yes
Quoting Moty
it will retrace at least to 1.28450 target was the twice the height of Friday candle {image} {image}
It will go 1.26 haha
added a buy trade at 1.28504. Cheers
Trade to trade another day
Gbp downhill now?
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yes yes yes
so much time to revisit 1.28410
Quoting Georginson
Now for anyone who cares to apply, take a sell here at 1.2900 and second sell limit at 1.2960 then target 1.2570. allow for 10 - 12 trade days. Stay patient and trade with good money management.
You are best.
thanks buddy.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #550,359
  • Quote
  • Edited 1:36pm Sep 28, 2020 11:59am | Edited 1:36pm
Quoting MoneyZilla
{quote} I wish you are absolutely right about 1.33! The sooner and faster, the better!
Salam Aleikum brother,

I don't know if we get there, but I won't short before (I'm greedy ) Just wanted to warn all counter traders ...The blue ones are important

Dollar got bought immediately, if we break 94.50 we will go up more, maybe even a lot more.

What does your wife say about the Dollar?
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
you ready to load? we were told 13 weeks ago where she is headed

check gann thread if there is any doubts
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