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Cable Update (GBPUSD)

  • #502,701
  • Nov 7, 2019 6:21am Nov 7, 2019 6:21am
Quoting asgcorp
first target acquired (2840). to recap, click the play button. https://www.tradingview.com/chart/GB...700-THIS-WEEK/ {image}
2700 is still a valid target for bears this week / early next week.
More space on the downside.
  • #502,702
  • Nov 7, 2019 6:24am Nov 7, 2019 6:24am
Quoting Moty
uturn in the making {image}
I think it would not hold this time. it would break up...
sell strength in falling markets, and buy weakness in rising markets.
  • #502,703
  • Nov 7, 2019 6:25am Nov 7, 2019 6:25am
Quoting thevisitor
wondering how many got trapped on the long side..
Bro hope ur so happy lol
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,704
  • Nov 7, 2019 6:26am Nov 7, 2019 6:26am
Previous support level here...

Watching.........
I play the trade gamble to feed my Porsche addiction.
  • #502,705
  • Nov 7, 2019 6:30am Nov 7, 2019 6:30am
Quoting knkie
{quote} im happy it has come back for you... Do you get nervous at all whilst price is against you for weeks? I know i could not do that. I wouldnt be able to sleep lol...
Thank u mate . no i was not nervous because if you u know your risk and accept it u will never be nervous and u will trade like a boss . trust me the secret of being a true trader is to learn how to accept the loss .
  • #502,706
  • Nov 7, 2019 6:32am Nov 7, 2019 6:32am
Quoting OnlineAddict
GU will probably drop tomorrow after BoE, all the weakening signs are there. So I hope it will spike up today, ideally during or after London fix, for a good short. The higher above 2900, the better.
2810 is enough for now, bulls can take over, so better get out of shorts.
Everyone can see the chart, but only a few can actually read it.
  • #502,707
  • Nov 7, 2019 6:32am Nov 7, 2019 6:32am
Shorts closed, in with some longs .2810
I play the trade gamble to feed my Porsche addiction.
  • #502,708
  • Nov 7, 2019 6:34am Nov 7, 2019 6:34am
Huammm
  • #502,709
  • Nov 7, 2019 6:34am Nov 7, 2019 6:34am
I said target H4 yesterday and i dont know they go today or not but now it look like this.some divergence have,but better wait high and sell target h4
Attached Image (click to enlarge)
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  • #502,710
  • Nov 7, 2019 6:35am Nov 7, 2019 6:35am
Quoting OnlineAddict
{quote} 2810 is enough for now, bulls can take over, so better get out of shorts.
Keep calm until friday....
  • #502,711
  • Nov 7, 2019 6:36am Nov 7, 2019 6:36am
Quoting OnlineAddict
{quote} 2810 is enough for now, bulls can take over, so better get out of shorts.
ins't 2770-2790 more buyer ?
PA Return Today: na
  • #502,712
  • Nov 7, 2019 6:37am Nov 7, 2019 6:37am
Waiting for daily to close then will decide for more or now 1.28 first support 1.26 1.25 key support
Attached Image (click to enlarge)
Click to Enlarge Name: download (1).png Size: 114 KB
MY OPINION NOT FINANCIAL ADVISE
  • #502,713
  • Nov 7, 2019 6:38am Nov 7, 2019 6:38am
Quoting LeongPuiy
{quote} ins't 2770-2790 more buyer ?
Once a trade is closed, there is no reason to immediately open another trade in the opposite direction. Even if we may go 100 pips up from here, I won't take the long. I made the most mistakes in the past by wanting to be in every trade...now I rather wait for a good setup first.
Everyone can see the chart, but only a few can actually read it.
  • #502,714
  • Nov 7, 2019 6:39am Nov 7, 2019 6:39am
Quoting khalid33
{quote} Thank u mate . no i was not nervous because if you u know your risk and accept it u will never be nervous and u will trade like a boss . trust me the secret of being a true trader is to learn how to accept the loss .
sound advice.
I think i have to learn to do this better.
Usually i try not to have any losses; i move to BE fast and cut targets short.
It preserves capital very well...., but i do miss big runs ...
in wondering about yourself, you forgot what you came here to be part of
  • #502,715
  • Nov 7, 2019 6:40am Nov 7, 2019 6:40am
Will it break the support today?
Attached Image (click to enlarge)
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  • #502,716
  • Nov 7, 2019 6:42am Nov 7, 2019 6:42am
Quoting OnlineAddict
{quote} Once a trade is closed, there is no reason to immediately open another trade in the opposite direction. Even if we may go 100 pips up from here, I won't take the long. I made the most mistakes in the past by wanting to be in every trade...now I rather wait for a good setup first.
true
i actually closed all at 2815 , and waiting retrace, not taking long and enter short for now,
get caught many times bfr , lesson learned
PA Return Today: na
  • #502,717
  • Nov 7, 2019 6:42am Nov 7, 2019 6:42am
My plan - Must wait to see if these lows are broken and hold over the next 1hr. Then I will short!!!!

If this resistance of the 4Hr holds I will go long.

If this goes down it could go deep!!!!
Don't trade what you think. Just what you see!!!
  • #502,718
  • Nov 7, 2019 6:44am Nov 7, 2019 6:44am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #502,719
  • Nov 7, 2019 6:44am Nov 7, 2019 6:44am
Quoting Theoak
My plan - Must wait to see if these lows are broken and hold over the next 1hr. Then I will short!!!! If this resistance of the 4Hr holds I will go long. If this goes down it could go deep!!!!
How much deep can it go?

i still holding my short
close some short too early before
  • #502,720
  • Nov 7, 2019 6:46am Nov 7, 2019 6:46am
next support is 1.2631 ONLY
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