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Cable Update (GBPUSD)

  • #497,821
  • Oct 14, 2019 5:14am Oct 14, 2019 5:14am
I am now divided between booking +70 or waiting for final target at +97
  • #497,822
  • Oct 14, 2019 5:18am Oct 14, 2019 5:18am
Quoting PatienceFx
I am now divided between booking +70 or waiting for final target at +97

trail stop tight and let market take you out

you might get 170 lol
Blogging daily now at www.volume.zone
  • #497,823
  • Oct 14, 2019 5:21am Oct 14, 2019 5:21am
Quoting PatienceFx
cable short taken with target 1.2515 sl just above week open {image}
+81 now, its getting closer

ADR almost reached
Attached Image
  • #497,824
  • Oct 14, 2019 5:21am Oct 14, 2019 5:21am
Quoting malcolmb14
{quote} trail stop tight and let market take you out you might get 170 lol
target 2488
only now is momentum picking up
in wondering about yourself, you forgot what you came here to be part of
  • #497,825
  • Oct 14, 2019 5:22am Oct 14, 2019 5:22am
Quoting PatienceFx
{quote} +81 now, its getting closer ADR almost reached {image}
TouchDown!
  • #497,826
  • Oct 14, 2019 5:23am Oct 14, 2019 5:23am
Quoting PatienceFx
{quote} +81 now, its getting closer ADR almost reached {image}
that is CRIMINAL lol
Attached Image
  • #497,827
  • Oct 14, 2019 5:27am Oct 14, 2019 5:27am
Quoting PatienceFx
{quote} that is CRIMINAL lol {image}
Ohhhhh Yeh ziyadti hai.
  • #497,828
  • Oct 14, 2019 5:29am Oct 14, 2019 5:29am
We have a good price zone for long trades now, see picture below. Price hit also weekly pivot point at 1.2515.
Target for the long trade could be last week high or 1.2581 a last fibolevel.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 53 KB
  • #497,829
  • Oct 14, 2019 5:43am Oct 14, 2019 5:43am
Quoting PatienceFx
{quote} that is CRIMINAL lol {image}
got +75 only

price hit ADR 2518 and bounced , just 3 pips above my tp lol
Attached Image
  • #497,830
  • Oct 14, 2019 5:46am Oct 14, 2019 5:46am
Next tp 2630 upper band M30 and 2680 upper band H1. Hope reached today
  • #497,831
  • Oct 14, 2019 5:47am Oct 14, 2019 5:47am
Quoting malcolmb14
{quote} An insitutional trade told me once that algos use 14 sma {image}
on which timeframe ?
i know you prefer the m30
but how about your institutional friend ?
  • #497,832
  • Oct 14, 2019 5:48am Oct 14, 2019 5:48am
Quoting PatienceFx
{quote} got +75 only
Good job, though 2488 and down become due but may try bounce towards to before them,watching 2570/80 reactions if to top today 2667 to tank great, may next day. Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #497,833
  • Oct 14, 2019 5:52am Oct 14, 2019 5:52am
Quoting Sajidhelp
{quote} on which timeframe ? i know you prefer the m30 but how about your institutional friend ?
algos trade on tick charts
  • #497,834
  • Oct 14, 2019 5:56am Oct 14, 2019 5:56am
Quoting PatienceFx
cable short taken with target 1.2515 sl just above week open {image}
on your game today 👍
Blogging daily now at www.volume.zone
  • #497,835
  • Oct 14, 2019 5:56am Oct 14, 2019 5:56am
nice buy trade in Gbpjpy. Hit tp.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_8.png Size: 34 KB
MA provides the market's current direction and strength.
  • #497,836
  • Oct 14, 2019 5:59am Oct 14, 2019 5:59am
Head and shoulder pattern do work in one minute chart too. see
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_9.png Size: 32 KB
MA provides the market's current direction and strength.
  • #497,837
  • Oct 14, 2019 5:59am Oct 14, 2019 5:59am
time to close my system and chill out ; completely worn out in 8 hours
  • #497,838
  • Oct 14, 2019 6:46am Oct 14, 2019 6:46am
Quoting malcolmb14
{quote} average entry 1,2525 .. noted .. i hope it plays out for you ... means you started selling at 450 and adding all the way up to 700 .. yikes If the news on the weekend was really taken as bearish ... or the next cycle down started wouldn't they have moved gbpusd down 250 today under low volume conditions ? Just a questions. What I know is that the move below 560 at the moment is not an easy one and then there is major daily support at 500 . Once /if we get to 500 then we see how price reacts. I got my 40 pip target today in both gbpusd and...
You got your 40 pips target , i'll get my 600 pips targetbanks traded at 1.22 ...no bank traded friday at 1.27 = banks will trade again at 1.20... good luck
  • #497,839
  • Oct 14, 2019 6:55am Oct 14, 2019 6:55am
Profit taken from gbp longs
Attached Image (click to enlarge)
Click to Enlarge Name: A45BE17C-9838-4F0D-A7F2-E335FD15F031.png Size: 362 KB
Extreme gut feeling trader
  • #497,840
  • Oct 14, 2019 7:00am Oct 14, 2019 7:00am
Quoting malcolmb14
{quote} 1.2450 is key ..... in ALL trends price will retrace and test for buyers or sellers depending on direction of trend ... do jot forget there are two sides to gbpusd equation and right now feds are cutting rates like mad if the news over the weekend was really bad how comes gbpusd is ONLY some 80 pips off its Friday close ? Cutrent trend 4 hour is still up 60/30 is curling Down lets see what the real volume of london brings
retracement is about 30-40% of the initial push which is what you're seeing around open of NY.

IMO wind can blow either way still. will see what price does come Tuesday Wednesday.

They very well could do what they did last week, just opposite direction. Pull in more buyers by breaking past the 1.27 level then have price dump back to last week's 1.22's.
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