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Cable Update (GBPUSD)

  • #497,541
  • Oct 11, 2019 9:01am Oct 11, 2019 9:01am
Quoting elbert3
{quote} No still got that 1 long and won’t come out if that till 5 min chart 10.20 ema cross but trying to pick a top just lost the last one and looks like losing this second one I mean come on cable give in .
Back in long on the 1 min top if you can’t beet them join them
  • #497,542
  • Oct 11, 2019 9:02am Oct 11, 2019 9:02am
Quoting Coreg2004
As @asgcorp use to say: "it's not rocket science"...for me, it's harmonic patterns (and EW). You can read basics here https://school.stockcharts.com/doku....monic_patterns if this interests you, you will dig deeper...Good luck with your trading. {image}
The target for daily range extension is at 200% ...but some times the market gives more like yesterday.
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Always trade your own plan...I don't provide trading signals.
  • #497,543
  • Oct 11, 2019 9:04am Oct 11, 2019 9:04am
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Quoting elbert3
{quote} Back in long on the 1 min top if you can’t beet them join them
You have to laugh
  • #497,544
  • Oct 11, 2019 9:05am Oct 11, 2019 9:05am
yo cousin Mulder, how much you charge for your signals?
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  • #497,545
  • Oct 11, 2019 9:06am Oct 11, 2019 9:06am
.
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  • #497,546
  • Oct 11, 2019 9:11am Oct 11, 2019 9:11am
Quoting asgcorp
yo cousin Mulder, how much you charge for your signals? {image}
...not rocket science...
Always trade your own plan...I don't provide trading signals.
  • #497,547
  • Oct 11, 2019 9:11am Oct 11, 2019 9:11am
Quoting Coreg2004
{quote} The target for daily range extension is at 200% ...but some times the market gives more like yesterday. {image}

Great charts

shorted 1.27
you can't stop the waves, but you can learn to surf
  • #497,548
  • Oct 11, 2019 9:13am Oct 11, 2019 9:13am
2700->2390

Now expecting a no deal more than ever. Boris did a good job of stalling and pretending he wants a deal, but we know there is no way to agree on the main issue with the EU. So either no-deal or extension. Next week may be no-deal scares...and then we will see...
Everyone can see the chart, but only a few can actually read it.
  • #497,549
  • Oct 11, 2019 9:36am Oct 11, 2019 9:36am
2700 likely a fake high (top). I'd be careful if you are trying to short sell into this now.
Secondary high very likely next week - 2740//2780 print on Monday/Tuesday is a high probability.
  • #497,550
  • Oct 11, 2019 9:39am Oct 11, 2019 9:39am
Quoting asgcorp
2700 likely a fake high (top). I'd be careful if you are trying to short sell into this now. Secondary high very likely next week - 2740//2780 print on Monday/Tuesday is a high probability.

Nevertheless, a pull back is in order. It moved 500 pips on no significant development. crazy
  • #497,551
  • Oct 11, 2019 9:39am Oct 11, 2019 9:39am
Quoting forda
{quote} Great charts shorted 1.27
Thanks, forda. I appreciate your kind words.
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Always trade your own plan...I don't provide trading signals.
  • #497,552
  • Oct 11, 2019 9:42am Oct 11, 2019 9:42am
PA returns to M5 average (2642) this time after 2 hours. Hope rising: bears
  • #497,553
  • Oct 11, 2019 9:42am Oct 11, 2019 9:42am
25252 I have as supporting at this time
  • #497,554
  • Oct 11, 2019 9:46am Oct 11, 2019 9:46am
The tail of 2410 and the top . Fib then we just hit 23% 2559 would be next if it fails
  • #497,555
  • Oct 11, 2019 9:46am Oct 11, 2019 9:46am
Quoting DSilvers
{quote} Nevertheless, a pull back is in order. It moved 500 pips on no significant development. crazy
sure thing. They thought so as well.
Attached Image
  • #497,556
  • Oct 11, 2019 9:51am Oct 11, 2019 9:51am
It’s bounced now it depends on any type of rejection on the lower time charts. 5 min
Quoting elbert3
The tail of 2410 and the top . Fib then we just hit 23% 2559 would be next if it fails
  • #497,557
  • Oct 11, 2019 9:55am Oct 11, 2019 9:55am
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yes yes yes
  • #497,558
  • Oct 11, 2019 9:59am Oct 11, 2019 9:59am
Quoting OnlineAddict
2700->2390 Now expecting a no deal more than ever. Boris did a good job of stalling and pretending he wants a deal, but we know there is no way to agree on the main issue with the EU. So either no-deal or extension. Next week may be no-deal scares...and then we will see...
well done, nice calls recently.
Don't tell KPM Burger Boy about it though. He is probably upset this week, cause his shit coin holdings are in the red again.
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  • #497,559
  • Oct 11, 2019 10:04am Oct 11, 2019 10:04am
Quoting asgcorp
{quote} well done, nice calls recently. Don't tell KPM Burger Boy about it though. He is probably upset this week, cause his shit coin holdings are in the red again. {image}

Forget about that

I was holding my long position since you started saying around 2390
I saw deep losses but still buying

Today wow
Last 2 weeks in deep red
  • #497,560
  • Oct 11, 2019 10:06am Oct 11, 2019 10:06am
Quoting asgcorp
{quote} well done, nice calls recently. Don't tell KPM Burger Boy about it though. He is probably upset this week, cause his shit coin holdings are in the red again. {image}
This scenario
Giving 1.30++ indication
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