Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#502,921
Nov 8, 2019 5:51am Nov 8, 2019 5:51am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

Quoting asgcorp

Disliked

GU H4 potential bullish ABCD, target 3050. Might get triggered early next week. {image}

Ignored

adjusted//revised to below. this is H4. Bigger pullback is possible before reversal.

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#502,922
Nov 8, 2019 5:53am Nov 8, 2019 5:53am

greengp
Joined Oct 2017 | Status: Trader | 3,500 Posts

striking distance

#502,923
Nov 8, 2019 5:56am Nov 8, 2019 5:56am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

I'd recommend to sit it out today, if you are looking for a decent move, it's likely coming later next week due to polls pending over weekend.
I got 2 PRZs on my chart and will watch them on Monday/Tuesday next week.
Until then I don't see anything noteworthy in terms of trade setups in GBPUSD.

#502,924
Nov 8, 2019 5:56am Nov 8, 2019 5:56am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting Theoak

Disliked

{quote} out 4.6 pips i think it might bounce again

Ignored

Yeah might buy in for a scalp if next 15min candle is green...

Don't Leave Money on the Table

#502,925
Nov 8, 2019 5:58am Nov 8, 2019 5:58am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

drop drop , like a stone

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yes yes yes

#502,926
Nov 8, 2019 5:59am Nov 8, 2019 5:59am

thevisitor
Joined Sep 2019 | Status: Trader | 1,979 Posts

long 1.2798
target 1.2850

#502,927
Nov 8, 2019 6:01am Nov 8, 2019 6:01am

thevisitor
Joined Sep 2019 | Status: Trader | 1,979 Posts

Quoting thevisitor

Disliked

long 1.2798 target 1.2850

Ignored

sl 1.2790

#502,928
Nov 8, 2019 6:01am Nov 8, 2019 6:01am

Theoak
Joined Apr 2019 | Status: Trader | 5,796 Posts

Quoting HaLBot

Disliked

{quote} Yeah might buy in for a scalp if next 15min candle is green...

Ignored

There is a battle here with bulls and bears. I'm more on the bear side. I'm going to see what happens at 1.2805 ish level and go with the flow!!!

Don't trade what you think. Just what you see!!!

#502,929
Nov 8, 2019 6:08am Nov 8, 2019 6:08am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

my stop is just 2 pips below 2795.

Long trades at above 2794 as per my post in Asia.

But I may close earlier and may not wait until 2850.

Intraday only.

#502,930
Nov 8, 2019 6:09am Nov 8, 2019 6:09am

thevisitor
Joined Sep 2019 | Status: Trader | 1,979 Posts

Quoting thevisitor

Disliked

{quote} sl 1.2790

Ignored

Sl +1

#502,931
Edited 6:46am Nov 8, 2019 6:09am | Edited 6:46am

Theoak
Joined Apr 2019 | Status: Trader | 5,796 Posts

Quoting Theoak

Disliked

{quote} There is a battle here with bulls and bears. I'm more on the bear side. I'm going to see what happens at 1.2805 ish level and go with the flow!!!

Ignored

Going long in at 1.2807

looking to add
2nd 1.2808

danger low high put in on 5 min chart

put a 3rd long in at 1.2805

now this has to show resistance at approx 1.2802 ish. if not pull the plug--- short and take my punishment (in hole at moment)

right higher low put in I think we are ok, Kidda!!!

loss -8-8-5 = 21 pips

short now in at 1.2801

Don't trade what you think. Just what you see!!!