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Cable Update (GBPUSD)

  • #472,441
  • Dec 11, 2018 4:36am Dec 11, 2018 4:36am
Uptrend trades from this morning. Just following the price.

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The biggest risk is not taking a risk.
  • #472,442
  • Dec 11, 2018 4:46am Dec 11, 2018 4:46am
Quoting navk
bought GJ. 142.00 STOP.
my entry was correct. But out of fear I closed it with 1 pip.

hmmm.....
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Intraday only.
  • #472,443
  • Dec 11, 2018 5:05am Dec 11, 2018 5:05am
Quoting aeternum
{quote} If they are really playing this game, you could probably expect more uncertainty for them to push it down before they finally agree on something so it shoots up. I think we've seen this many times and we could probably term is as market manipulation, or in other words, where we see fundies finally line up with tech analysis but end of the day, big boys will still win. Now we just have to wait for fundies to line up and we will be in business.
Well, finally see some good push downwards followed by possible profit taking. This is interesting PA, but weekly divergence can be seen right now.
A 1 pip gain is better than a 1 pip loss.
  • #472,444
  • Dec 11, 2018 5:22am Dec 11, 2018 5:22am

Quoting cat
{quote} I don't engage in tittle tattle with people, so I'll just say that there is no such thing as a right or a wrong chart. If you are right and it does break lower at some point, and by the way, I never said that it wouldn't, then you can give yourself a big pat on the back and feel mighty pleased with yourself. Now back to the charts.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,445
  • Dec 11, 2018 5:23am Dec 11, 2018 5:23am
post the chart then

Quoting cat
{quote} I never speak with such certainty when referring to price movement...a more humble countenance serves me well.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,446
  • Dec 11, 2018 5:42am Dec 11, 2018 5:42am
PM May will meet Cabinet on Wed and vote will be before 21 Jan!
  • #472,447
  • Dec 11, 2018 5:48am Dec 11, 2018 5:48am
Im a little worried about whats next...elliot wve target was reached...on fibos i get what price did here...it broke the 123% of the last climb up, and it reached the 123% of the previous last clumb up(larger one)...at that poibt it reacted and bounced up...i was waiting price below of 2604, on closing candle, lets see...if the bear move is done, we will get 2760 for sure, the 88% from the large move, and after resume the downtrend...but i want it below 123% acelerating to 161%...lets see...
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  • #472,448
  • Dec 11, 2018 5:49am Dec 11, 2018 5:49am
Quoting Bones
{quote}
oh dear...petulant child springs to mind.
  • #472,449
  • Dec 11, 2018 6:04am Dec 11, 2018 6:04am
The 1hr rejection PA heading into NY session indicates more bears to sit on the Pound
Come with me if you want to live....
  • #472,450
  • Dec 11, 2018 6:39am Dec 11, 2018 6:39am
Quoting Ill-b-back
The 1hr rejection PA heading into NY session indicates more bears to sit on the Pound
EU just below the good limit, gu trying but still not reach to good limit 2658,anither leg wating above 2581 or may do with eu, hope not thru now play different times. So gu still may test try 2658 before tanking. Let's see, afterall corrected perfect so far.eu may fall to 1.1310/1285,.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,451
  • Dec 11, 2018 7:36am Dec 11, 2018 7:36am
Hi

While my advice is always the same - wait ,sell, I'd say wait more

From Sunday.

Quoting Not-KPMG
Expect again 200-300 pips spike. Just put handful orders, 100 TP. Easiest trading week. ....spikes no end
Not bad, not bad
And Monday....

Quoting Not-KPMG
While i don't believe a word of any political animals... It's interesting price action.
Call me stupid, but GU is pushed down (by liars Robbing Banks) and next spike up is coming soon. Today?
Tomorrow??
In 6 hours?? Don't know but will be up.
No, it's not advice!!! LOL
Not bad at all

These pound crooks pound trading seems so easy, but beware
Beware of robber banks (RB), bad advisors.
  • #472,452
  • Dec 11, 2018 8:19am Dec 11, 2018 8:19am
all I said is post your chart to back up the reasoning, let's discuss it then

Quoting cat
{quote} oh dear...petulant child springs to mind.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,453
  • Dec 11, 2018 8:21am Dec 11, 2018 8:21am
no doubt you read ego , but that's not the fact
frustration more like
Quoting Hickson
{quote} No need to turn trading into an ego thing when you are able to read chart probabilities, as you said. That is enough to trade well already. I also sometimes get s/o of a trend trade, so at that time I was obviously wrong. But who cares? It works more than not for me at the end of the day ...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,454
  • Dec 11, 2018 8:21am Dec 11, 2018 8:21am
no chart chit chat

Quoting cat
{quote} oh dear...petulant child springs to mind.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,455
  • Dec 11, 2018 8:27am Dec 11, 2018 8:27am
Quoting Bones
no doubt you read ego , but that's not the fact frustration more like {quote}
Who is frustrated and why?
Fix up, trade sharp ...
  • #472,456
  • Dec 11, 2018 8:28am Dec 11, 2018 8:28am
people see what they want to see high tfs are not consolidating anymore
unless you change the weekly =unlikly = 2500 will not hold
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,457
  • Dec 11, 2018 8:30am Dec 11, 2018 8:30am
The emergency debate is providing lots of entertainment guys
Inserted Video
A 1 pip gain is better than a 1 pip loss.
  • #472,458
  • Dec 11, 2018 8:33am Dec 11, 2018 8:33am
Quoting Bones
people see what they want to see high tfs are not consolidating anymore unless you change the weekly =unlikly = 2500 will not hold
Agreed on the technical side, there is no reliable support left.
Fix up, trade sharp ...
  • #472,459
  • Dec 11, 2018 8:39am Dec 11, 2018 8:39am
wheres Robin =so much confidence
deep red now never had weekly at that time with no stop , def doesn't have weekly now
this is fresh ground with a fundamental giant backing it up
what was it at least 60 a pip with 500 stop penciled in

Quoting Bones
note traders that say something backed up by a chart, disregard all else, I've looked at these forums many years now don't go HDA way
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,460
  • Dec 11, 2018 8:49am Dec 11, 2018 8:49am
Quoting Bones
wheres Robin =so much confidence deep red now never had weekly at that time with no stop , def doesn't have weekly now this is fresh ground with a fundamental giant backing it up what was it at least 60 a pip with 500 stop penciled in {quote}
He said he was only trading demo ... It is easier to piss against the wind there. Or maybe that was his excuse, but what does this all have to do with professional trading ...
Fix up, trade sharp ...
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