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Cable Update (GBPUSD)

  • #472,641
  • Dec 12, 2018 2:10pm Dec 12, 2018 2:10pm
Quoting Ill-b-back
{quote} The Pound has humbled traders in here before before and it will humble them again. This should be remembered before we get to cocky, but short memories are common in this place.
What do you expect in a world where people who studied history are frowned upon and can fight for minimum wages jobs in many cases?
Fix up, trade sharp ...
  • #472,642
  • Dec 12, 2018 2:25pm Dec 12, 2018 2:25pm
Lets watch out Brexit news

Attached Image
COT: The precious data ignored
  • #472,643
  • Dec 12, 2018 2:26pm Dec 12, 2018 2:26pm
Quoting Ill-b-back
watching for another 2710 retest, as the Pound says "surprise".... {image}
2710 level was predicted yesterday already by analysts.
Anyone getting margin calls on this up move needs to re-evaluate there trading style.
  • #472,644
  • Dec 12, 2018 2:53pm Dec 12, 2018 2:53pm
Quoting LouiseZA
{quote} 2710 level was predicted yesterday already by analysts. Anyone getting margin calls on this up move needs to re-evaluate there trading style.
Looks like it's not just me who uses fib levels then.

Agreed, either tight stops or don't over leverage.
Can't have both.
Come with me if you want to live....
  • #472,645
  • Dec 12, 2018 3:03pm Dec 12, 2018 3:03pm
Quoting squidster85
GU + EU are setting for down EG is setting up for long.... based on machine learing aglos just my 2 cents.
thank me later... this was clearly priced in the markets..
  • #472,646
  • Dec 12, 2018 3:06pm Dec 12, 2018 3:06pm
Good chop, bastards, good chop ... but I'm gonna survive another day by passing on your crap ...
Fix up, trade sharp ...
  • #472,647
  • Dec 12, 2018 3:07pm Dec 12, 2018 3:07pm
That was a really crazy quote.
  • #472,648
  • Dec 12, 2018 3:11pm Dec 12, 2018 3:11pm
Quoting sgkrishn
{image}

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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #472,649
  • Dec 12, 2018 3:35pm Dec 12, 2018 3:35pm
if price close around here, bullish engulfing there daily. hope straight to 1.35 tmrw london open....hehe
  • #472,650
  • Dec 12, 2018 3:50pm Dec 12, 2018 3:50pm
Quoting Kimjoun
if price close around here, bullish engulfing there daily. hope straight to 1.35 tmrw london open....hehe

yea but we are still below 2700... very tempted to buy this engulfer
  • #472,651
  • Dec 12, 2018 4:02pm Dec 12, 2018 4:02pm
Quoting Kimjoun
if price close around here, bullish engulfing there daily. hope straight to 1.35 tmrw london open....hehe
Or by Christmas
Come with me if you want to live....
  • #472,652
  • Dec 12, 2018 4:04pm Dec 12, 2018 4:04pm
Quoting Ill-b-back
bottom area of current range {image}
2630 area offers some stiff resistance.
Come with me if you want to live....
  • #472,653
  • Dec 12, 2018 6:29pm Dec 12, 2018 6:29pm
Short-term sell GBPUSD at 1.263x-1.262x
sl 1.2680
tp1 1.251x
tp2 1.238x
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  • #472,654
  • Dec 12, 2018 8:23pm Dec 12, 2018 8:23pm
Quoting navk
{quote} You are right. But It needs a catalyst. The catalyst has to be proper agreement by all politically for BREXIT. But I am sure the players would like to play more to push it down then announce something. It is a game. May be long term players may be buying slowly.
So that is that.

Market manipulation.

Most of it are manipulation.

One needs to understand, especially loner term traders.
Intraday only.
  • #472,655
  • Dec 12, 2018 10:57pm Dec 12, 2018 10:57pm
yup that correct manipulation that also my view some will bring the POUND where he should be then one-day bingo the big player will get all our money unless we are smart
  • #472,656
  • Edited 1:24am Dec 13, 2018 12:55am | Edited 1:24am
ok signal / bottom in place but not enough as no confirmation , just relieving a little the bear fear !price correction most probable to reaction low 2591( must )/ simply take the wick tip , bo & hold may dive to 1.2515 as small diamond swing at top now , ok smaller tf diamond not play most times so get the 2553 exact other sr waiting. that id breaks down to up towards 2599 +as real target and last limit up for down to 2810 next target . lows clear to up waiting , if opposite may further crash any time & though high targets may not reach soon!!take care ,
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,657
  • Edited 2:30am Dec 13, 2018 2:17am | Edited 2:30am
Good afternoon traders.
Wait for clear Bull. Before buying more
I'm not sure but I think

Money Management is the games of the winner.
Overtrading is losers games.
  • #472,658
  • Dec 13, 2018 2:28am Dec 13, 2018 2:28am
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job done on that bottom form we have a day bull candle now bit 2700 is coming up
  • #472,659
  • Dec 13, 2018 2:37am Dec 13, 2018 2:37am
What range in pips in store for us today I wonder ?
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  • #472,660
  • Dec 13, 2018 2:47am Dec 13, 2018 2:47am
Waiting to break...
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