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Cable Update (GBPUSD)

  • #495,341
  • Sep 29, 2019 4:15pm Sep 29, 2019 4:15pm
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now that was close to tp
  • #495,342
  • Sep 29, 2019 4:16pm Sep 29, 2019 4:16pm
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  • #495,343
  • Sep 29, 2019 4:18pm Sep 29, 2019 4:18pm
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break that then the red line
  • #495,344
  • Sep 29, 2019 4:28pm Sep 29, 2019 4:28pm
Quoting donfriday
{quote} 1.21 before
hey what about me i bought gbp at 1.24370 what should i do im stuck for options anyone?!
  • #495,345
  • Sep 29, 2019 4:54pm Sep 29, 2019 4:54pm
Clarity...
Lows will be tested before reversing ( if price will reverse ) I wouldn't buy look at the bigger picture your buying right into weekly resistance with a head and shoulders pattern.
Wait for the neckline retest and take your shorts.
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  • #495,346
  • Sep 29, 2019 5:39pm Sep 29, 2019 5:39pm
I saw long for today but not too far maybe 1.23500
  • #495,347
  • Sep 29, 2019 6:01pm Sep 29, 2019 6:01pm
Quoting SCopier
I saw long for today but not too far maybe 1.23500
I agree with you for today. It's the last day of the month and for the next few days i will also pay attention at month chart.
  • #495,348
  • Sep 29, 2019 6:10pm Sep 29, 2019 6:10pm
hey guys see how this has turned out to be as per rules.

All closed at center band.
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Intraday only.
  • #495,349
  • Sep 29, 2019 6:39pm Sep 29, 2019 6:39pm
Usd indexs still playing on H4 divergent.
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  • #495,350
  • Sep 29, 2019 9:44pm Sep 29, 2019 9:44pm
Quoting mondiali
{quote} hey what about me i bought gbp at 1.24370 what should i do im stuck for options anyone?!
So late asking, any ways you may hedge it by 70 or 80% of shorts from ur long position. And take balance 30 or 40% as taking short in euro which may save ur equity and reduce ur floating loss.

P.S you need too wait for quite a long period to operate this hedging to make profit.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #495,351
  • Sep 29, 2019 11:15pm Sep 29, 2019 11:15pm
This uncertainty in the govt politics looks like it may bring the cable down. Tough one to say otherwise
  • #495,352
  • Sep 29, 2019 11:43pm Sep 29, 2019 11:43pm
So Monday sideways to starts with
https://www.metalsmine.com/showthrea...1#post12530411
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #495,353
  • Sep 30, 2019 12:04am Sep 30, 2019 12:04am
Moving up on London news --- target @1.23800 -1.24000
  • #495,354
  • Sep 30, 2019 1:09am Sep 30, 2019 1:09am
Inserted Video
  • #495,355
  • Edited 1:43am Sep 30, 2019 1:31am | Edited 1:43am
Attachment g
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yes yes yes
  • #495,356
  • Sep 30, 2019 1:44am Sep 30, 2019 1:44am
Entered long at 1.2297, target 1.236
  • #495,357
  • Sep 30, 2019 1:47am Sep 30, 2019 1:47am
I don't trade GU today, I still saw price will go down again. I will be waiting for tomorrow
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  • #495,358
  • Sep 30, 2019 1:51am Sep 30, 2019 1:51am
Quoting Neil0163
Clarity... Lows will be tested before reversing ( if price will reverse ) I wouldn't buy look at the bigger picture your buying right into weekly resistance with a head and shoulders pattern. Wait for the neckline retest and take your shorts. {image}
i see neckline area is located at 1.24 1.2410 area...it has not retested yet since the pattern has broken...how often neckline never get retested.. any idea dear
sell strength in falling markets, and buy weakness in rising markets.
  • #495,359
  • Sep 30, 2019 2:12am Sep 30, 2019 2:12am
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yes yes yes
  • #495,360
  • Sep 30, 2019 2:13am Sep 30, 2019 2:13am
Quoting htcone
{quote} i see neckline area is located at 1.24 1.2410 area...it has not retested yet since the pattern has broken...how often neckline never get retested.. any idea dear
Looking at my ratios I'd say 1.2380-1.2390 will be retest area, however with 1.24 being a whole number you can potentially expect a spike into their.
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