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Cable Update (GBPUSD)

Quoting hoanglegend
price didn't break ema 55 in weekly candle, there is also the divergence on rsi in 1h tf. I shorted here with 20 pips stoploss {image}
daily:38%
h4
200%
touched
NEW-RESSISTANCE:1.375(H1)
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ForexSignalsz All Time Profit: $9,791
Quoting Peace-maker
{quote} but dollar away new low i don't see away way to may gbp down before 1.312 maybe they can recovery but next time it up more to
Dx at support zone
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don't try to tell the market where to go , let him tell you
Quoting essei
{quote} Thank you How I could make my own system, Psychologically, I'm a nasty and stressful (during last week I can not sleep for 5 days and nights) person. is this Personality psychology proper for working in FOREX?
Hi Essei, I know you don't want to hear this, but If I was you I'd walk away from all this for a few weeks. Close the computer off and get out of the routine. Your health is more important than anything! You can not buy your health! You can not make sensible decisions when you are in the place you are.
Play it by beer!!!
hope on one thing fed news is make this down that you will lose more i think sorry to my word but i see it away this move before news when news coming she don't move anymore just 1 up 1 down and standing
gbpsgd
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MT4, QChartist, Stooq, Alpha Vantage, TC 2000, TradingView, Yahoo Finance
Quoting tatianah
buy on GBPUSD ≧◠‿◠≦✌ {image}
Buy Trade TP 60pips profit! TY POUND

[̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅]
[̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅]
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Quoting Peace-maker
hope on one thing fed news is make this down that you will lose more i think sorry to my word but i see it away this move before news when news coming she don't move anymore just 1 up 1 down and standing
?????

Sorry, what???

By the way, does anyone know why the rally for cable? All i see on the fundamental side is Labor agreeing to a possible seocond referendum, but is that really enough to contribute to this large jump over 2 days?
Looking to sell it back to 2935 possible 2880 plug might get pulled around here 3090 3120
Quoting elbert3
Looking to sell it back to 2935 possible 2880 plug might get pulled around here 3090 3120
Agree, waiting and watching!
50%correction-1.30040
61%=1.29791
h1
ForexSignalsz All Time Profit: $9,791
Quoting Theoak
{quote} Hi Essei, I know you don't want to hear this, but If I was you I'd walk away from all this for a few weeks. Close the computer off and get out of the routine. Your health is more important than anything! You can not buy your health! You can not make sensible decisions when you are in the place you are.
Thank you very much for your suggestion. I will walk away from FOREX for a few weeks until became more stable. despite all my loses I love FOREX in my heart.
I am short GBP at 1.30817 TP target area 1.28850, Just be careful there can be small push up here, My trading style allows for a bit of a draw down.
Sold @ 1.3082 Target 1.2925
Forex Learner
Quoting Henry2501
I am short GBP at 1.30817 TP target area 1.28850, Just be careful there can be small push up here, My trading style allows for a bit of a draw down.
Be careful, depending on FOMC, it will break 1.3082 and go above 1.31 if FOMC is dovish
Looking at D and 4H, the bulls still have a little fight in them!
Attached Image (click to enlarge)
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MT4, QChartist, Stooq, Alpha Vantage, TC 2000, TradingView, Yahoo Finance
Quoting essei
{quote} Thank you very much for your suggestion. I will walk away from FOREX for a few weeks until became more stable. despite all my loses I love FOREX in my heart.
Dont give up Essei but like Theoak said. Walk away for now. Reset your emotions and start again. We all fall in that emotional trap believe me it never goes away. Thats just what we as humans do we get emotional. That is normal. With trading you just need to learn to push that aside and trade the charts not your emotions and understand why you are trading a specific trade.

Make yourself a journal of every trade you do. Wright down you emotions at that point and explain why you taking the trade. for instance is there resistance levels, , is the market over sold and so on. Just helps you build a nice emotional journal to teach yourself to make decisions and push the panic emotions to the side. Ones you trade on the charts not on news or emotions then things also get easier.
Quoting sadeghi
{quote} Be careful, depending on FOMC, it will break 1.3082 and go above 1.31 if FOMC is dovish
Did not know there is FOMC meetings.
I dont trade the news only charts but thanks for the heads-up.
Might be an interesting outcome. A quick profit taking scenario.
Quoting ChiForex
GU will move btw Buy 1.2970s and sell 1.3090s..Enjoy
Here we go..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Quoting asnan7
{quote} this is forum to share everything about cable, you dont have to follow with it, everyone has different analysis, and i believe everyone always trade with hope, why???? because they all hoping their analysis is correct and make profit. there is no right or wrong. ur trade is ur risk. just use other analysist to compare with ur analysist, not to judge everyone right ot wrong. u can see every MOTY's post, right or wrong he always post and that very helpful for me. even sometimes different with my analysist, and i use it for precaution to make...

You are missing the point. Read his post which I quoted and you will understand why I wrote what I wrote.
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