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Cable Update (GBPUSD)

  • #465,661
  • Oct 12, 2018 6:40am Oct 12, 2018 6:40am
Quoting conglomerate
{quote} My salary getting big...and big because I hold it
what is your short next target?
  • #465,662
  • Oct 12, 2018 6:47am Oct 12, 2018 6:47am
Quoting waky
{quote} Do you think it can go lower? Or will it try 3250 again?
Navk went for a , he want answer lol
POSTMASTER
  • #465,663
  • Oct 12, 2018 6:49am Oct 12, 2018 6:49am
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.
  • #465,664
  • Oct 12, 2018 7:06am Oct 12, 2018 7:06am
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.
  • #465,665
  • Oct 12, 2018 7:09am Oct 12, 2018 7:09am
Quoting Robinhood1
{quote} Navk went for a , he want answer lol
lol. Pl. some one answer pls.
Intraday only.
  • #465,666
  • Oct 12, 2018 7:10am Oct 12, 2018 7:10am
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
  • #465,667
  • Oct 12, 2018 7:12am Oct 12, 2018 7:12am
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....
Intraday only.
  • #465,668
  • Oct 12, 2018 7:19am Oct 12, 2018 7:19am
taken long EJ. STOP just 10 pips.
Intraday only.
  • #465,669
  • Oct 12, 2018 7:19am Oct 12, 2018 7:19am
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
  • #465,670
  • Oct 12, 2018 7:22am Oct 12, 2018 7:22am
Quoting Robinhood1
{quote} Navk went for a , he want answer lol
️
just for a cup of coffee...
  • #465,671
  • Oct 12, 2018 7:27am Oct 12, 2018 7:27am
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
  • #465,672
  • Edited 8:20am Oct 12, 2018 7:31am | Edited 8:20am
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
  • #465,673
  • Oct 12, 2018 7:35am Oct 12, 2018 7:35am
Quoting navk
taken long EJ. STOP just 10 pips.
s/o
Intraday only.
  • #465,674
  • Oct 12, 2018 7:39am Oct 12, 2018 7:39am
here we go️
just for a cup of coffee...
  • #465,675
  • Edited 8:22am Oct 12, 2018 8:02am | Edited 8:22am
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.
  • #465,676
  • Oct 12, 2018 8:24am Oct 12, 2018 8:24am
Why the heck still sell waiting from 1.3239 down to 1.3018...
  • #465,677
  • Oct 12, 2018 8:53am Oct 12, 2018 8:53am
Support 1.3181 just broke. Next target 1.3131. But must wait US data release
  • #465,678
  • Oct 12, 2018 9:07am Oct 12, 2018 9:07am
Quoting Robinhood1
{quote} Another scenario has just come into play. If price reaches 1.3039 IŽll 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.
POSTMASTER
  • #465,679
  • Oct 12, 2018 9:10am Oct 12, 2018 9:10am
Quoting conglomerate
Support 1.3181 just broke. Next target 1.3131. But must wait US data release
What time US Data will be released ??
  • #465,680
  • Oct 12, 2018 9:19am Oct 12, 2018 9:19am
We had a breakout from my trend at 3225 target 3152to3130
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