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Cable Update (GBPUSD)

  • #465,701
  • Oct 12, 2018 10:55am Oct 12, 2018 10:55am
Quoting waky
{quote} Oh how did u get 3154?

It can fail. Most of times , I find success. No patience though.
Intraday only.
  • #465,702
  • Oct 12, 2018 11:00am Oct 12, 2018 11:00am
Quoting navk
{quote} It can fail. Most of times , I find success. No patience though.
how your coffee and donut today mate?
just for a cup of coffee...
  • #465,703
  • Oct 12, 2018 11:03am Oct 12, 2018 11:03am
Quoting akim0895
{quote} how your coffee and donut today mate?
I gave up part of my salary. Atleast 10 % of my salary I gave up. But I am not worried as 90 % of my salary is in the pocket.
Intraday only.
  • #465,704
  • Oct 12, 2018 11:05am Oct 12, 2018 11:05am
Quoting akim0895
{quote} how your coffee and donut today mate?
Right now one long trade is going in GU.

3150 IS MY STOP.
Intraday only.
  • #465,705
  • Oct 12, 2018 11:06am Oct 12, 2018 11:06am
Quoting navk
{quote} Right now one long trade is going in GU. 3150 IS MY STOP.
GL buddy️
just for a cup of coffee...
  • #465,706
  • Edited 11:40am Oct 12, 2018 11:13am | Edited 11:40am
Quoting waky
{quote} If it closes with a red candle today, will it be bearish? Do you only use fib to gauge levels?
For technical method: Main GU Daily Res is 1.3297. GU today can't reach this level, and down about 100+ pips (still running). Daily GU, under EMA 200
For fundamental: Brexit still on the boxing ring, 2 more raise rate of Fed will come, Hike Statement of US Monetary Policy maker, DXY, and specially Mnuchin said "Yesterday USD was correction" and many news today USD strengthen.

The main GU Daily support is: 1.2921 and then next 1.2660. GU should on this progress.
  • #465,707
  • Oct 12, 2018 11:15am Oct 12, 2018 11:15am
I must stop doing this kind of trading though I booked 50 $ profit.

This is counter trend trading for this day.

I must stop.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 48 KB
Intraday only.
  • #465,708
  • Oct 12, 2018 11:16am Oct 12, 2018 11:16am
Quoting akim0895
{quote} i trading all kind mate short,middle n long term i still have another 2 entry at 3250 mate all the way i will add short or long for scalps(coffee&donut) i’m full time trader mate,so everyday i must make some income while waiting the middle or long term cash out️
Good job man....
  • #465,709
  • Edited 12:14pm Oct 12, 2018 11:19am | Edited 12:14pm
Quoting akim0895
{quote} how your coffee and donut today mate?
Haaa...hhaaa..... He got a basket of and few cups of , But good job and nice man
  • #465,710
  • Oct 12, 2018 11:59am Oct 12, 2018 11:59am
Today Pound sterling is loosest currency in the market (Finviz).
  • #465,711
  • Oct 12, 2018 12:55pm Oct 12, 2018 12:55pm
Quoting akim0895
waiting to tP +100 at 3150 finger cross.. please don’t pullback yet
are you holding the price 1.3150 mate lol It wont come down!!
POSTMASTER
  • #465,712
  • Oct 12, 2018 1:00pm Oct 12, 2018 1:00pm
Quoting navk
I must stop doing this kind of trading though I booked 50 $ profit. This is counter trend trading for this day. I must stop. {image}
This is a bit risky. Every time I´ve done it 9 out of 10 lost. Its a human behaviour hard to control. By now i´ve come over it.
POSTMASTER
  • #465,713
  • Oct 12, 2018 1:33pm Oct 12, 2018 1:33pm
Quoting Robinhood1
{quote} This is a bit risky. Every time I´ve done it 9 out of 10 lost. Its a human behaviour hard to control. By now i´ve come over it.
Emotion. seeing 3150 number.
Intraday only.
  • #465,714
  • Oct 12, 2018 1:55pm Oct 12, 2018 1:55pm
Quoting navk
{quote} Emotion. seeing 3150 number.
Well, I closed some positions and we might have a second time to short. I am watching GBP/CAD and looks like there´ll be a triple top. So correlation could happen
POSTMASTER
  • #465,715
  • Oct 12, 2018 2:15pm Oct 12, 2018 2:15pm
I´ve decided to close my short position. 35 pips profits. Slow downtrend. Maybe at Monday i open another short.
  • #465,716
  • Oct 12, 2018 3:02pm Oct 12, 2018 3:02pm
Quoting navk
{quote} Emotion. seeing 3150 number.
3135 is crucial figure!!!
  • #465,717
  • Oct 12, 2018 3:20pm Oct 12, 2018 3:20pm
Quoting Dr.Zain
{quote} 3135 is crucial figure!!!
There might be some strong points (bounce) along the way but it will travel to 12430 for sure and will not break 3258
POSTMASTER
  • #465,718
  • Oct 12, 2018 4:39pm Oct 12, 2018 4:39pm
Bull/Bear battle continues.
Reaction zone to watch on the daily.

Wouldn't it be wonderful and wouldn't we all be so rich, (if only) "assurances" in Forex always came true

Like we haven't seen it all before
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 24 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 27 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Come with me if you want to live....
  • #465,719
  • Oct 12, 2018 4:47pm Oct 12, 2018 4:47pm
Quoting Robinhood1
{quote} Well, I closed some positions and we might have a second time to short. I am watching GBP/CAD and looks like there´ll be a triple top. So correlation could happen
Why on earth would you close some of your short positions if we are heading all the way down to "12430 for sure"?
Come with me if you want to live....
  • #465,720
  • Oct 12, 2018 5:15pm Oct 12, 2018 5:15pm
GBP/Usd is consolidating lower to 1.3150 level, I'm expecting the pair would fall further on Brexit disappointment, the negotiations between the UK and EU are slower than expected.
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