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Cable Update (GBPUSD)

  • #493,061
  • Sep 13, 2019 5:39am Sep 13, 2019 5:39am
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  • #493,062
  • Sep 13, 2019 5:48am Sep 13, 2019 5:48am
hit a decent home run with GN longs, was a clean break out.
This was a derivative of the NU short I've posted elsewhere.
300+ points per lot running and will close this before EOD today.
had multiple entries.

Didn't expect a big GU move today, was more expecting a dump in NZDUSD.
But whatever. This works for me.
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  • #493,063
  • Sep 13, 2019 5:52am Sep 13, 2019 5:52am
Quoting BenWarburton
{quote} Feel like this is just a pullback. One more push to 1.25 (or just below) - then the bears will come to play!
Ok,i i couing on apull back to 1.23840 -1.24100 area
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yes yes yes
  • #493,064
  • Sep 13, 2019 5:54am Sep 13, 2019 5:54am
SELL BASED ON M5
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  • #493,065
  • Sep 13, 2019 5:54am Sep 13, 2019 5:54am
anyone interested in a trade with 1400 points upside per one lot?
Here's GBPNZD daily then.
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  • #493,066
  • Sep 13, 2019 6:03am Sep 13, 2019 6:03am
The last bulls candles neck is 1.24521 so i am targeting whether it will trespass . as it stands in m5 the candles are below it some what
  • #493,067
  • Sep 13, 2019 6:12am Sep 13, 2019 6:12am
GBPUSD H4 chart review. Strong channel, BUT.
True test will come near 2500//2540.
Significantly overbought, at least expecting a pullback to re-test mid line.
However, possible downside extension near 2200 also a valid option.

Keep your eyes open. This market could make a major reversal soon.
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  • #493,068
  • Sep 13, 2019 6:22am Sep 13, 2019 6:22am
if you guys are into fibs (and I'm not), there's confluence with my PRZ 2520//2540.
See below. 1618.
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  • #493,069
  • Sep 13, 2019 6:26am Sep 13, 2019 6:26am
also a gentle reminder on MNT range. Past 8 mnt range was 500 +-20 give or take.
Now the low we had this month was at 1970//75 + 500 = 2475 tops out.

If we hit 2520//2540 GU will be running on borrowed range and we still got 2 weeks of trading left in September...
  • #493,070
  • Sep 13, 2019 6:33am Sep 13, 2019 6:33am
here's my working setup for GBPNZD.
MNT range past 8 is 800.
Details - see chart.
About to max out / hit resistance soon.
Then look at buying dips in the recommended area.
Good luck!
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  • #493,071
  • Sep 13, 2019 6:41am Sep 13, 2019 6:41am
Quoting greengp
the last bulls candles neck is 1.24521 so i am targeting whether it will trespass . As it stands in m5 the candles are below it some what

some new strategy working up on here
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  • #493,072
  • Sep 13, 2019 6:49am Sep 13, 2019 6:49am
Quoting Ill-b-back
{quote} Dropped that idea. Watching above area next... {image} {image}
Hmmm, then again, tricky business

Very, very tricky business....
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #493,073
  • Sep 13, 2019 6:50am Sep 13, 2019 6:50am
Quoting MrPresident
{quote} bought the dip, i expect the price to go higher from current levels my ideal take profit target is 1.255
1.255 is possible today
Don't Worry Be Happy
  • #493,074
  • Sep 13, 2019 6:51am Sep 13, 2019 6:51am
Rejection for the second time
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yes yes yes
  • #493,075
  • Sep 13, 2019 6:54am Sep 13, 2019 6:54am
I think we need a close today back below last weeks high for bearish confirm.
Come with me if you want to live....
  • #493,076
  • Sep 13, 2019 7:03am Sep 13, 2019 7:03am
Quoting greengp
{quote} some new strategy working up on here {image}

i am adding moving average 50 also
  • #493,077
  • Sep 13, 2019 7:09am Sep 13, 2019 7:09am
Quoting greengp
{quote} i am adding moving average 50 also
i am in profit but i am not stopping here my sl is bulls head
  • #493,078
  • Sep 13, 2019 7:17am Sep 13, 2019 7:17am
Now will I buy or sell Cable???

https://www.instagram.com/p/Bz11PAyHHha/
Don't Leave Money on the Table
  • #493,079
  • Sep 13, 2019 7:17am Sep 13, 2019 7:17am
Quoting greengp
{quote} i am in profit but i am not stopping here my sl is bulls head
ck


i know very well they work around the neck line
  • #493,080
  • Sep 13, 2019 7:24am Sep 13, 2019 7:24am
Quoting greengp
{quote}ck i know very well they work around the neck line
the candles just touch down in m 50
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