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Cable Update (GBPUSD)

  • #488,801
  • Aug 9, 2019 3:19am Aug 9, 2019 3:19am
Focusing on the Pitchfork and circles.
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  • #488,802
  • Aug 9, 2019 3:20am Aug 9, 2019 3:20am
Quoting Theoak
short in at 1.2125 target 10 pips
+ 7 pips getting out of this before news. I think the news might give this pair a kick up the ar*e it needs!!!!
Don't trade what you think. Just what you see!!!
  • #488,803
  • Aug 9, 2019 3:21am Aug 9, 2019 3:21am
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  • #488,804
  • Aug 9, 2019 3:22am Aug 9, 2019 3:22am
Bulls beware, as Brexit news right now still favors Bears
If only our Eurocrats were not so stubborn, sigh

Quoting navk
{quote} I can tell you, the longs will go on increase. It is one way, yeah currently one direction.
yakinaja.hajarblehh
  • #488,805
  • Aug 9, 2019 3:23am Aug 9, 2019 3:23am
Quoting modalyakin
Nahhh.. just guessing your position Better wait until news release before trade {quote}
Nah, I trade low leverage...and I am not worried about this trade at all, not even a little bit.
Everyone can see the chart, but only a few can actually read it.
  • #488,806
  • Aug 9, 2019 3:25am Aug 9, 2019 3:25am
Quoting mbrown
Focusing on the Pitchfork and circles. {image}
Closed for a few. I'll recommence the intraday endeavours after the news, looking for intraday sells at 2140-50 area.
  • #488,807
  • Aug 9, 2019 3:26am Aug 9, 2019 3:26am
That's a strong psychological traits you have
Seeking to learn a lot from you too, when possible

Quoting OnlineAddict
{quote} Nah, I trade low leverage...and I am not worried about this trade at all, not even a little bit.
yakinaja.hajarblehh
  • #488,808
  • Aug 9, 2019 3:31am Aug 9, 2019 3:31am
This could go deep!!!
Don't trade what you think. Just what you see!!!
  • #488,809
  • Aug 9, 2019 3:33am Aug 9, 2019 3:33am
Quoting OnlineAddict
News coming on GU in 3 hours. They will be positive. GU up, EG down.
Stats surprisingly shitty, good opportunity for bulls to get in below 2100. Even these numbers won't help bears...daily chart won't let them go much lower.
Everyone can see the chart, but only a few can actually read it.
  • #488,810
  • Aug 9, 2019 3:33am Aug 9, 2019 3:33am
Quoting Moty
{quote} Yesterday i went long , you said short . Today i say short , you say long. What change from yesterday? Noting . We broke down Asian session low , we Are below weekly and daily pivot , dx is positive. Prediction are berrish .and my equity is low , when this happens i am always hit
Nice!

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For me it has to close below 2095 on the H1 for immediate downside otherwise I'm expecting 2140-50 but no long for me, I'm not going to trade against the direction of the Pitchfork. The last time I traded against the direction of the Pitchfork, I ended up praying to Boris.

For me, a H1 close below 2095 simply means I'll move my sell limit to 2097.
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  • #488,811
  • Aug 9, 2019 3:33am Aug 9, 2019 3:33am
Drop drop and away
yes yes yes
  • #488,812
  • Aug 9, 2019 3:34am Aug 9, 2019 3:34am
Bad numbers for UK
Good support levels though, so I'm seeing a bounce higher for the pair, maybe

Quoting Theoak
This could go deep!!!
yakinaja.hajarblehh
  • #488,813
  • Aug 9, 2019 3:35am Aug 9, 2019 3:35am
Quoting navk
{quote} I can tell you, the longs will go on increase. It is one way, yeah currently one direction.

Eventually my friend but not just yet,
  • #488,814
  • Aug 9, 2019 3:38am Aug 9, 2019 3:38am
wow easypeecee
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #488,815
  • Aug 9, 2019 3:40am Aug 9, 2019 3:40am
Bought @1.2089 tp 1.2208

pending sell @ 1.2208
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #488,816
  • Aug 9, 2019 3:41am Aug 9, 2019 3:41am
this is the end of the week, usually prices will move in one direction, hopefully
  • #488,817
  • Aug 9, 2019 3:42am Aug 9, 2019 3:42am
That's a bold move I may say

Quoting sgkrishn
Bought @1.2089 tp 1.2208 pending sell @ 1.2208
yakinaja.hajarblehh
  • #488,818
  • Aug 9, 2019 3:45am Aug 9, 2019 3:45am
Get ready for 35 pips move down
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yes yes yes
  • #488,819
  • Aug 9, 2019 3:49am Aug 9, 2019 3:49am
not so fast

this could pull back up to the 1.2160 area once again and fall again from up there till sub 1.2100
  • #488,820
  • Aug 9, 2019 3:50am Aug 9, 2019 3:50am
Quoting modalyakin
That's a bold move I may say {quote}
Agreed my friend, money management is the key to a successful trader, the 3 full pips should be broken up into 0.50 lots x6 , and keep entering into the trade as it improves in the direction of your choice, one at a time. IMHO
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