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Cable Update (GBPUSD)

  • #471,701
  • Dec 6, 2018 6:22am Dec 6, 2018 6:22am
I expect a little retrace not reaching 30. weŽll see
POSTMASTER
  • #471,702
  • Dec 6, 2018 6:24am Dec 6, 2018 6:24am
Quoting Hickson
{quote} Good day E lol ... time for lunch soon.
  • #471,703
  • Dec 6, 2018 6:26am Dec 6, 2018 6:26am
Quoting Ill-b-back
{quote} Nice work. Putting it more accurately on candle point, it is within the pattern {image}
Nice lines as always as we seem to draw them the same way . Wil it break or fold again this time tho .2760 resistance is touching at the same place as the tl . Regards E
  • #471,704
  • Dec 6, 2018 6:31am Dec 6, 2018 6:31am
We need sell right?? I'm just asking
  • #471,705
  • Dec 6, 2018 6:32am Dec 6, 2018 6:32am
Quoting elbert3
{quote} Nice lines as always as we seem to draw them the same way . Wil it break or fold again this time tho .2760 resistance is touching at the same place as the tl . Regards E
2752 short 1st trade today
  • #471,706
  • Dec 6, 2018 6:34am Dec 6, 2018 6:34am
Quoting elbert3
{quote} 2752 short 1st trade today
Target 2738
  • #471,707
  • Dec 6, 2018 6:35am Dec 6, 2018 6:35am
big hands coming in against Bankers and retailers going short. Retailers represent only 10% of whats being traded. Checking the balance between longs and shorts amongst retailers is not indicative
POSTMASTER
  • #471,708
  • Dec 6, 2018 6:40am Dec 6, 2018 6:40am
Its going to take some time to exchange hands
POSTMASTER
  • #471,709
  • Dec 6, 2018 6:44am Dec 6, 2018 6:44am
Quoting elbert3
{quote} Target 2738
2745 seems to be holding hedge in place in case of break out
  • #471,710
  • Dec 6, 2018 6:45am Dec 6, 2018 6:45am
Quoting Mayly-May
We need sell right?? I'm just asking
Better is to wait.
Fix up, trade sharp ...
  • #471,711
  • Dec 6, 2018 6:51am Dec 6, 2018 6:51am
I just bought 1.2747 looking for 1.2795/1.2810
  • #471,712
  • Dec 6, 2018 6:58am Dec 6, 2018 6:58am
Not much analysis is needed to trade this 100/200 pips range, ... whatever fantastic strategy one is using might not be sustainable for bigger moves. Such ranges give a good trading confidence, but in reality, a super dangerous one. I mainly look to predict when moves start to happen and scalp on them.
  • #471,713
  • Dec 6, 2018 7:01am Dec 6, 2018 7:01am
Quoting aa4fx
Not much analysis is needed to trade this 100/200 pips range, ... whatever fantastic strategy one is using might not be sustainable for bigger moves. Such ranges give a good trading confidence, but in reality, a super dangerous one. I mainly look to predict when moves start to happen and scalp on them.
Nice. In my opinion no range trading anymore. switch to pyramiding unless you are really good going back and forth
POSTMASTER
  • #471,714
  • Dec 6, 2018 7:01am Dec 6, 2018 7:01am
Quoting aa4fx
I just bought 1.2747 looking for 1.2795/1.2810
out 1.2765 ... I might re-enter if possible.
  • #471,715
  • Dec 6, 2018 7:02am Dec 6, 2018 7:02am
Quoting akim0895
{quote} noted mate.. my tP at 7725(500pips) profit now lock 300pips so..let its fly
tP hits
party on me today
just for a cup of coffee...
  • #471,716
  • Dec 6, 2018 7:04am Dec 6, 2018 7:04am
Quoting Robinhood1
{quote} Nice. In my opinion no range trading anymore. switch to pyramiding unless you are really good going back and forth
Specially when breaking 1.2798
POSTMASTER
  • #471,717
  • Dec 6, 2018 7:06am Dec 6, 2018 7:06am
Quoting Hickson
{quote} Better is to wait.
Thank you you save my money
  • #471,718
  • Dec 6, 2018 7:09am Dec 6, 2018 7:09am
Range traders are fine for a few days at GA till it spikes to around 1.7750 and then reversal.
POSTMASTER
  • #471,719
  • Dec 6, 2018 7:10am Dec 6, 2018 7:10am
Quoting Mayly-May
{quote} Thank you you save my money
Do not risk it if you do not know what to do by yourself, practice a demo until you do, just my experience.
Fix up, trade sharp ...
  • #471,720
  • Dec 6, 2018 7:12am Dec 6, 2018 7:12am
Quoting akim0895
{quote} tP hits party on me today
Brilliant Aki. I just posted inf for GA thinking about you I knew you were trading that pair
POSTMASTER
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