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Cable Update (GBPUSD)

  • #498,861
  • Oct 17, 2019 8:01am Oct 17, 2019 8:01am
Quoting Marcieny
Is better stay out.. Gu is more volatile than gold.
good advice ..

another word of warning .... do NOT hold on the weekend . If GBPUSD gaps 500 pip your 50 pip stop will NOT be honured by your broker .. you will be stopped at the first opening price
Blogging daily now at www.volume.zone
  • #498,862
  • Oct 17, 2019 8:03am Oct 17, 2019 8:03am
as reality sinks in (outcome of Parliament vote on Saturday is a roll of a dice) I expect strong profit taking in GU into weekend.
I doubt any players will hold EU/GU exposure into weekend...
  • #498,863
  • Oct 17, 2019 8:03am Oct 17, 2019 8:03am
I gave some 120 bucks back to the market.

Anyways still green day. No complaints.
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Intraday only.
  • #498,864
  • Oct 17, 2019 8:03am Oct 17, 2019 8:03am
Quoting asgcorp
as reality sinks in (outcome of Parliament vote on Saturday is a roll of a dice) I expect strong profit taking in GU into weekend. I doubt any players will hold EU/GU exposure into weekend...
Intraday only.
  • #498,865
  • Oct 17, 2019 8:06am Oct 17, 2019 8:06am
M 5 aggressive short sl
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  • #498,866
  • Oct 17, 2019 8:07am Oct 17, 2019 8:07am
sideways now until monday!
  • #498,867
  • Oct 17, 2019 8:09am Oct 17, 2019 8:09am
Holding Gj Puts and GU calls here.
  • #498,868
  • Oct 17, 2019 8:10am Oct 17, 2019 8:10am
Quoting Brixton
sideways now until monday!
lol
  • #498,869
  • Oct 17, 2019 8:12am Oct 17, 2019 8:12am
Since i have money in my pocket any raise i will short
  • #498,870
  • Oct 17, 2019 8:15am Oct 17, 2019 8:15am
Watch careful 1.28662
  • #498,871
  • Oct 17, 2019 8:16am Oct 17, 2019 8:16am
Quoting malcolmb14
That's an interesting 4 hours ...... was in meeting for two hours and just took a look that's major weakness i want a proper rip to form with a lower high on an up wave before I become a bear there is a point to be made if results over weekend are going to rock they would not want price higher today at 1.3 {image}
what sgrkishn posted earlier is what i think is going on atm. They are taking the price to the high and then it will fall.like brexit 2016. You can make profit on both sides
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  • #498,872
  • Oct 17, 2019 8:16am Oct 17, 2019 8:16am
Quoting asgcorp
gu is a very tricky setup. be careful Fri/Mon, this monster will kill many accounts. use a tight stop loss guys if you play it.
I will rather be watching you gurus in the house for now. I have loss more than 100 pips on GU already since last week
  • #498,873
  • Oct 17, 2019 8:19am Oct 17, 2019 8:19am
Quoting stirmatt
{quote} I will rather be watching you gurus in the house for now. I have loss more than 100 pips on GU already since last week
no gurus in here. everyone is trying to make some money, just like you.
  • #498,874
  • Oct 17, 2019 8:19am Oct 17, 2019 8:19am
Forex is qty and the operator but community stands
  • #498,875
  • Oct 17, 2019 8:21am Oct 17, 2019 8:21am
Quoting malcolmb14
{quote} good advice .. another word of warning .... do NOT hold on the weekend . If GBPUSD gaps 500 pip your 50 pip stop will NOT be honured by your broker .. you will be stopped at the first opening price
I learned not to trade on days when the currency is like this ... the movements are very fast ... when it gets calm I trade.
  • #498,876
  • Oct 17, 2019 8:22am Oct 17, 2019 8:22am
Quoting greengp
forex is qty and the operator but community stands
i made money but still on the educational tour . Listen what each member is saying i do listen
  • #498,877
  • Oct 17, 2019 8:22am Oct 17, 2019 8:22am
Quoting malcolmb14
{quote} good advice .. another word of warning .... do NOT hold on the weekend . If GBPUSD gaps 500 pip your 50 pip stop will NOT be honured by your broker .. you will be stopped at the first opening price
for real? , and i was planing to keep position on friday
and if u right and im wrong at my bet, then ill go straight to MC

have u ever seen or experience it?
Take What You Can , Give Nothing Back
  • #498,878
  • Oct 17, 2019 8:23am Oct 17, 2019 8:23am
Quoting Donquixote
{quote} for real? , and i was planing to keep position on friday and if u right and im wrong at my bet, then ill go straight to MC have u ever seen or experience it?
ofc. this is called slippage. and it won't work in your favor, obviously.
  • #498,879
  • Oct 17, 2019 8:24am Oct 17, 2019 8:24am
Quoting stirmatt
{quote} I will rather be watching you gurus in the house for now. I have loss more than 100 pips on GU already since last week
stirmatt i ' m sorry to hear that , but there ' s been plenty of good advice in this thread

every trader should trade his own trades , but many good indications have been given here as to which direction to expect from cable
  • #498,880
  • Oct 17, 2019 8:25am Oct 17, 2019 8:25am
Quoting Marcieny
Is better stay out.. Gu is more volatile than gold.
agreed
sidelines now.
in wondering about yourself, you forgot what you came here to be part of
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