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Cable Update (GBPUSD)

  • #498,361
  • Oct 16, 2019 6:21am Oct 16, 2019 6:21am
Sell gbp if you want to make big moneyyy....
  • #498,362
  • Oct 16, 2019 6:22am Oct 16, 2019 6:22am
Quoting asgcorp
{quote} your COT analysis is out of context. I've posted proper COT review previously.
And as I told you before, I only trust my own analysis.

Thank you
Guz
Charts don't drive price, market conditions drive price...
  • #498,363
  • Oct 16, 2019 6:22am Oct 16, 2019 6:22am
Quoting RobyTurboSS
{quote} Am in love only for 96 hour max , no more.Today we start to see some pips.Bears tried 2 times to flash it today...the third time will be the good one.
keep them coming roby

I made another 30 pip off that one 😂

You are the man .. cheers mate
Blogging daily now at www.volume.zone
  • #498,364
  • Oct 16, 2019 6:24am Oct 16, 2019 6:24am
Quoting Guztro
{quote} And as I told you before, I only trust my own analysis. Thank you Guz
read up on COT data then come back and we can talk
https://freecotdata.com/how-to-use/
  • #498,365
  • Oct 16, 2019 6:25am Oct 16, 2019 6:25am
add some short order.. minimum lot size
  • #498,366
  • Oct 16, 2019 6:25am Oct 16, 2019 6:25am
Last sell for the day from 1.27855ish targeting the break of 1.27516 for bottoms at 1.26516/1.26180. Spike down now.
Keep the Lights on then you can catch the rise from the dark.
  • #498,367
  • Oct 16, 2019 6:26am Oct 16, 2019 6:26am
Short on 1.2765 tp 1.2700 wait and see....
  • #498,368
  • Oct 16, 2019 6:27am Oct 16, 2019 6:27am
Quoting asgcorp
{quote} read up on COT data then come back and we can talk https://freecotdata.com/how-to-use/
Make your annual trading target in 7 months then come back and talk to me.
Charts don't drive price, market conditions drive price...
  • #498,369
  • Oct 16, 2019 6:31am Oct 16, 2019 6:31am
Quoting RobyTurboSS
{quote} 3 days in a row trading 1.27... the wagon is full of dumb laggy retails ...today is going to move, don't worry BEARS RULE {image}
Keep talking, but the data wagon is full of retail bears.
The last time I saw the retail majority rule was, well, never
But good luck to you....
Come with me if you want to live....
  • #498,370
  • Oct 16, 2019 6:34am Oct 16, 2019 6:34am
Sell stop set at daily pivot 1.27266, long trade still opened
  • #498,371
  • Oct 16, 2019 6:34am Oct 16, 2019 6:34am
No one expert in trading, there's only a smart people with a smart strategy....okok....
  • #498,372
  • Oct 16, 2019 6:37am Oct 16, 2019 6:37am
Quoting RobyTurboSS
{quote} 3 days in a row trading 1.27... the wagon is full of dumb laggy retails ...today is going to move, don't worry BEARS RULE {image}
You're doing just what the retail herd do, shorting a new bullish trend moving up off strong support.
I outlined this habitual behaviour in a post earlier today.
Come with me if you want to live....
  • #498,373
  • Oct 16, 2019 6:48am Oct 16, 2019 6:48am
Quoting RobyTurboSS
{quote} Am in love only for 96 hour max , no more.Today we start to see some pips.Bears tried 2 times to flash it today...the third time will be the good one.

sadly the time you are in love is about the average time i am in love after getting married .. i guess thats why i am on wife 4

the other wives said I love trading more than them .... they were correct
Blogging daily now at www.volume.zone
  • #498,374
  • Oct 16, 2019 6:49am Oct 16, 2019 6:49am
Quoting navk
sometime before spike down was happening. Now spike up is happening. careful guys, I can close my platform as I am not trading anymore today, but watching the fun.
please get hold of master the markets by tom Williams and give it a good read .. four times .

today is normal testing behavior for smartm money . i am expecting higher prices today
Blogging daily now at www.volume.zone
  • #498,375
  • Oct 16, 2019 6:54am Oct 16, 2019 6:54am
Move should be soon . The 5 min charts going int consolidation
  • #498,376
  • Oct 16, 2019 6:56am Oct 16, 2019 6:56am
summary on H1 GBPUSD. Below 2700 bears take over.

Bulls need to crack 2800 to open up further upside, target is 3000 then.
Nice setup for a straddle via stop orders. Scaling in makes sense.

Big news soon, so get ready, or stay out, whatever works best for you.
Big move coming in. Use a tight stop loss if you trade it.
Attached Image (click to enlarge)
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  • #498,377
  • Oct 16, 2019 6:57am Oct 16, 2019 6:57am
Quoting malcolmb14
{quote} today is normal testing behavior for smartm money .
You're just making this up as you go...

It's not like SM rammed price down to the previous level of sellers to see if they would start selling again.

Oh wait, never mind.
Attached Image (click to enlarge)
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  • #498,378
  • Oct 16, 2019 7:01am Oct 16, 2019 7:01am
my guess, is that we move back toward the lows now...but i'll leave that to someone...good bye
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 58 KB
Look Sharp/Trade Tight
  • #498,379
  • Oct 16, 2019 7:01am Oct 16, 2019 7:01am
Attached Image (click to enlarge)
Click to Enlarge Name: dx h1.png Size: 27 KB
yes yes yes
  • #498,380
  • Oct 16, 2019 7:02am Oct 16, 2019 7:02am
Added a short target 2620 stop on manage
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