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Cable Update (GBPUSD)

  • #467,721
  • Nov 5, 2018 8:35am Nov 5, 2018 8:35am
Quoting Trade-G
{quote} Big picture summary

That's the right term .. thanks

but we can still catch a few pips here and there while looking at the big picture
  • #467,722
  • Nov 5, 2018 8:40am Nov 5, 2018 8:40am
Quoting JayBag
{quote} lol I think so... However, do you see bear as a major move? we can both buy and sell but im talking something more sustainable
Bear only trade one way i would
POSTMASTER
  • #467,723
  • Nov 5, 2018 8:52am Nov 5, 2018 8:52am
Quoting Robinhood1
{quote} Bear only trade one way i would
Just as I also wish for a bigger retrace, H4 is displaying a compression for a strong move. All lower timeframe is bullish with exception of D1 and above. Last weeks upswing is a prep for the larger timeframe players.
  • #467,724
  • Nov 5, 2018 8:57am Nov 5, 2018 8:57am
Quoting Robinhood1
{quote} Bear only trade one way i would
Fair enough.,
I will see when you join the BULL side (only a matter of time lol)
  • #467,725
  • Nov 5, 2018 9:20am Nov 5, 2018 9:20am
still consolidation zone
PA Return Today: na
  • #467,726
  • Nov 5, 2018 9:33am Nov 5, 2018 9:33am
tp 1.37
sl 1.29
Attached Image (click to enlarge)
Click to Enlarge Name: tp 1.368.jpg Size: 223 KB
  • #467,727
  • Nov 5, 2018 9:33am Nov 5, 2018 9:33am
  • #467,728
  • Nov 5, 2018 9:38am Nov 5, 2018 9:38am
Will R1 Zone be turned support?
  • #467,729
  • Nov 5, 2018 9:38am Nov 5, 2018 9:38am
Quoting conglomerate
PA Return Today: na
  • #467,730
  • Nov 5, 2018 9:49am Nov 5, 2018 9:49am
still holding my shorts️
just for a cup of coffee...
  • #467,731
  • Nov 5, 2018 10:57am Nov 5, 2018 10:57am
time to go down.
POSTMASTER
  • #467,732
  • Nov 5, 2018 11:30am Nov 5, 2018 11:30am
Quoting Robinhood1
time to go down.
time to go to bed
just for a cup of coffee...
  • #467,733
  • Nov 5, 2018 12:00pm Nov 5, 2018 12:00pm
Quoting akim0895
{quote} time to go to bed
POSTMASTER
  • #467,734
  • Nov 5, 2018 1:06pm Nov 5, 2018 1:06pm
been adding shorts from 1.3028. Lets see
POSTMASTER
  • #467,735
  • Nov 5, 2018 1:42pm Nov 5, 2018 1:42pm
Quoting Robinhood1
time to go down. ...." />
We don't know that.
US$$ is carp, EU fly... so can GU.

Brexit lies will come, sell AFTER
PATIENCE!!!!!
Beware of robber banks (RB), bad advisors.
  • #467,736
  • Nov 5, 2018 7:22pm Nov 5, 2018 7:22pm
Starting to look a little bullish.
I'm wondering if that weekly ascending TL will play any significant part at all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 25 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 24 KB
Come with me if you want to live....
  • #467,737
  • Nov 5, 2018 7:58pm Nov 5, 2018 7:58pm
Quoting akim0895
still holding my shorts️

ha ha
wake up and see stop hit -25
just for a cup of coffee...
  • #467,738
  • Nov 5, 2018 10:03pm Nov 5, 2018 10:03pm
hey guys,

this type of trades, never loose. But it might take upto 1 day or more to get into profit.

Important, the corelation must be positive and above 90 % as in the chart.

AU, and NU have positive corelation above 90 % as you see in chart.

One sell trade and another one long trade. It will turn into profit some time. Hedging technic.

This is demo.
Attached Image (click to enlarge)
Click to Enlarge Name: TradePro MT4.png Size: 104 KB
Intraday only.
  • #467,739
  • Edited 11:58pm Nov 5, 2018 10:22pm | Edited 11:58pm
Hmm, an ambiguous situation, the pound yesterday showed so many false movements on candlestick combinations, absorption models, divergences, trend lines and moving averages on the M30-M1 and just knocked out stop-loss players, this has not been seen for a long time. After this usually goes a good move.

https://wmpics.pics/di-7W76.png
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot11.png Size: 112 KB
A whop bop-a-lu a whop bam bam!
  • #467,740
  • Nov 5, 2018 10:40pm Nov 5, 2018 10:40pm
So I am closing this. Reasonable profit.
Attached Image (click to enlarge)
Click to Enlarge Name: TradePro MT4.png Size: 104 KB
Intraday only.
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