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Cable Update (GBPUSD)

  • #472,661
  • Dec 13, 2018 2:57am Dec 13, 2018 2:57am
My thoughts is 1.27200 and move back down
  • #472,662
  • Dec 13, 2018 3:00am Dec 13, 2018 3:00am
More Shake, then Bake...
Come with me if you want to live....
  • #472,663
  • Dec 13, 2018 3:00am Dec 13, 2018 3:00am
Not safe on BUY.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #472,664
  • Dec 13, 2018 3:10am Dec 13, 2018 3:10am
In all the brexit excitement/drama yesterday forgot I'd put on a buy order at 1.2688 and got caught by the spread. Should hit at least 1.2700 sometime today but looks like rally is over for a while, traders having a morning cuppa...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 34 KB
Don't Leave Money on the Table
  • #472,665
  • Dec 13, 2018 3:20am Dec 13, 2018 3:20am
Quoting Ill-b-back
More Shake, then Bake...
Baking temperature not reached yet I guess ...
Fix up, trade sharp ...
  • #472,666
  • Dec 13, 2018 3:23am Dec 13, 2018 3:23am
If price can get above and stay above 200 MA on hourly I think theres going to be more upside....
Don't Leave Money on the Table
  • #472,667
  • Dec 13, 2018 3:23am Dec 13, 2018 3:23am
Quoting HaLBot
In all the brexit excitement/drama yesterday forgot I'd put on a buy order at 1.2688 and got caught by the spread. Should hit at least 1.2700 sometime today but looks like rally is over for a while, traders having a morning cuppa... {image}
Buy 2688 is too high price
PA Return Today: 0.3%
  • #472,668
  • Dec 13, 2018 3:29am Dec 13, 2018 3:29am
Quoting LeongPuiy
{quote} Buy 2688 is too high price
maybe but that was yesterday when who knows where it could have got to....thinking possibly 2810

Through all that action yesterday I had a crap day, closed a buy just before the rally.......sheeeeeez

I've been out of action for a couple of years, hit a solid brick wall in my mind with trading so backed of, so hey making some mistakes getting back in the groove
Don't Leave Money on the Table
  • #472,669
  • Edited 4:01am Dec 13, 2018 3:38am | Edited 4:01am
Quoting fontu
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...
It take the 2nd option to Carry on bull but not so like it as may further tank to bottom without notice, that is if not able to look after my long they be at risk! So scalping short accumulation above 2671 to high any to see 2580/60 or lows if run next to join bull again .
Same for EU also.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,670
  • Dec 13, 2018 3:44am Dec 13, 2018 3:44am
Quoting HaLBot
{quote} maybe but that was yesterday when who knows where it could have got to....thinking possibly 2810 Through all that action yesterday I had a crap day, closed a buy just before the rally.......sheeeeeez I've been out of action for a couple of years, hit a solid brick wall in my mind with trading so backed of, so hey making some mistakes getting back in the groove
Need to be patient
PA Return Today: 0.3%
  • #472,671
  • Dec 13, 2018 3:44am Dec 13, 2018 3:44am
1.2640 is buying time for me, started sooner from this now 1.2658.
  • #472,672
  • Dec 13, 2018 3:46am Dec 13, 2018 3:46am
Quoting LeongPuiy
{quote} Need to be patient
Don't Leave Money on the Table
  • #472,673
  • Dec 13, 2018 3:48am Dec 13, 2018 3:48am
Quoting Hickson
{quote} Baking temperature not reached yet I guess ...
Yeah, it's a perfect ABCD reversal pattern to the pip, but that is a lot of consolidation above to overcome, particularly when there has been no real consolidation to speak of at the bottom to provide the fuel for a sustained, long term up move.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 28 KB
Come with me if you want to live....
  • #472,674
  • Dec 13, 2018 4:01am Dec 13, 2018 4:01am
What chop shit is that?! Barely escaped BE on the short .. bet it goes now (always easy betting and bragging if you have nothing at risk lol)
Fix up, trade sharp ...
  • #472,675
  • Dec 13, 2018 4:11am Dec 13, 2018 4:11am
Quoting OAPDave
What range in pips in store for us today I wonder ? {image}
Can u pls share the indicator...
  • #472,676
  • Dec 13, 2018 4:16am Dec 13, 2018 4:16am
Quoting aa4fx
1.2640 is buying time for me, started sooner from this now 1.2658.
out now @ 1.2667, maybe it will make that 1.264
  • #472,677
  • Edited 5:57am Dec 13, 2018 4:23am | Edited 5:57am
We have been to hell but still ok. No retrace and almost direct to 1.3200.
POSTMASTER
  • #472,678
  • Dec 13, 2018 4:33am Dec 13, 2018 4:33am
Quoting t76_ahmed
{quote} Can u pls share the indicator...
It is just the mt4 standard Gann Grid, I just set it in my own way, do not think it's technically correct but it does for me
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 92 KB
  • #472,679
  • Dec 13, 2018 4:40am Dec 13, 2018 4:40am
Quoting aa4fx
{quote} out now @ 1.2667, maybe it will make that 1.264
we are getting in there, meanwhile took the 1.2652
  • #472,680
  • Dec 13, 2018 4:54am Dec 13, 2018 4:54am
Quoting aa4fx
{quote} we are getting in there, meanwhile took the 1.2652
don't be shy! ... I'll be out pretty soon, now is your time! ...
crazy movements are treated with pending buy @ 1.2557
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