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Cable Update (GBPUSD)

  • #503,901
  • Nov 19, 2019 1:26pm Nov 19, 2019 1:26pm
Profit locked in
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Impulse wave, moving with the trend of one larger degree, ie larger trend is a minor wave
Follow The Markets Structure - Patience and Discipline
  • #503,902
  • Nov 19, 2019 1:34pm Nov 19, 2019 1:34pm
Previous leg up i posted live trade, again minor trend subdividing into impulse wave, impulse wave moves with the trend of one larger degree.
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Follow The Markets Structure - Patience and Discipline
  • #503,903
  • Nov 19, 2019 2:09pm Nov 19, 2019 2:09pm
give them one more hour short,.
  • #503,904
  • Nov 19, 2019 6:56pm Nov 19, 2019 6:56pm
Quoting Moty
{image}{image}
Wow! So impressed!!Thanks Moty for sharing your great work!

Xiao
  • #503,905
  • Nov 19, 2019 7:51pm Nov 19, 2019 7:51pm
Quoting shablenk
{quote} cage {image} {image}
back and forth
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  • #503,906
  • Nov 19, 2019 9:48pm Nov 19, 2019 9:48pm
If down, 2875 is the first target then 2800 and third target is at 2775 phycological barriers is there
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  • #503,907
  • Edited 10:33pm Nov 19, 2019 10:13pm | Edited 10:33pm
Checking usdx, still to win 97.815+daily closewise, most overnight short tp hit but few still miss due spread. Will more carefull at next levels down till usdx win and settle for time being only apparently. Take care
Similar gbpusd daily close target remain 2891,, low may go 2867 then, win the close level play short little safe. So scalping target still may play! Risky also as 2897/91may easily bounce for 50/60 pips before next try or even crazy bull start again!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,908
  • Nov 20, 2019 12:46am Nov 20, 2019 12:46am
Quoting xiaolei
{quote} Wow! So impressed!!Thanks Moty for sharing your great work! Xiao
Now it's everybody game.
I am long
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yes yes yes
  • #503,909
  • Nov 20, 2019 1:57am Nov 20, 2019 1:57am
Quoting Moty
{quote} Now it's everybody game. I am long {image}

Good call for the short, taken profit and waiting for a new entry could long back into the trend will wait a while to see high how things develop.Will need to see a new smaller trend developing before going long, sometimes the correction does dip into the range of the trend so will wait for trend confirmation.
Follow The Markets Structure - Patience and Discipline
  • #503,910
  • Nov 20, 2019 2:45am Nov 20, 2019 2:45am
Quoting pipfarm
{quote} Good call for the short, taken profit and waiting for a new entry could long back into the trend will wait a while to see high how things develop.Will need to see a new smaller trend developing before going long, sometimes the correction does dip into the range of the trend so will wait for trend confirmation.

That is the target hit in my post from yesterday, as i said often we go into the range of the previous support/resistance, thats a good place to long but wait for trend confirmation, what ever happens its win win, because even if this is only a corrective swing up as i know a lot of traders are waiting for short trend to resume its still some profit to take a long in the right set up.
Follow The Markets Structure - Patience and Discipline
  • #503,911
  • Nov 20, 2019 2:46am Nov 20, 2019 2:46am
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #503,912
  • Nov 20, 2019 2:59am Nov 20, 2019 2:59am
no time to see in the morning , ok good news continues as Audusd & bren weekly broken down , so usd certain go strong & other down continues . gold still not but ok on time , limit test , will wait at 1458 retest.
waiting gbpusd breaks 2891 for 2856 , gj waiting breaks 139.70 for 130.00m gbpche 1.2764 breaks for 1.2733 plays
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,913
  • Edited 6:02am Nov 20, 2019 3:10am | Edited 6:02am
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out +0
  • #503,914
  • Nov 20, 2019 3:17am Nov 20, 2019 3:17am
Quoting thevisitor
shorts for me only : tp 1.2900-1.2880
looking for long entry
target 1.2950
  • #503,915
  • Nov 20, 2019 3:19am Nov 20, 2019 3:19am
Quoting montygoldy
{quote} thats dow and dax scalping.... in my words 50 lots in them is equivalent to 10lots scalping in currency... my tp is very tight with super tight sl.. entries are based on 1 min charts.... no room to breathe....
Well I gotta ask then based off your signature. What the hell do you eat, and where can I get some of that for my gut.
  • #503,916
  • Nov 20, 2019 3:32am Nov 20, 2019 3:32am
Quoting Moty
{quote} Now it's everybody game. I am long {image}
Still hold my long target 298xx.
  • #503,917
  • Nov 20, 2019 3:45am Nov 20, 2019 3:45am
Quoting OnlineAddict
GU daily starting to look bearish...2970 might be good for 200 pips, so target around 2770. I will set mine above 2750, I think.
First short closed above 2900, waiting for another entry.
Everyone can see the chart, but only a few can actually read it.
  • #503,918
  • Nov 20, 2019 3:45am Nov 20, 2019 3:45am
any bullish daily candle from 1.29 that closed strongly will trigger the the up move toward 1.34

gud luck
MY OPINION NOT FINANCIAL ADVISE
  • #503,919
  • Nov 20, 2019 3:52am Nov 20, 2019 3:52am
Both Asian session and London session close this weekly open gap at 1.29009
yes yes yes
  • #503,920
  • Nov 20, 2019 3:54am Nov 20, 2019 3:54am
Quoting donfriday
any bullish daily candle from 1.29 that closed strongly will trigger the the up move toward 1.34 gud luck
Possible at much deep 2856 or around or more lows, if below that level, this week should drop much faster because will expect big wick down at the weekly candle. If fail the weekly breakout and hold then to wait for 2/3 wks further for new breakout and hold. So this week is a decision making time, at least 2900 hold be enough weekly close!

Open the early morning chart in mobile, test level 2891 pefectely reacted, may 40/50pips before retest and break possible. Watching.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
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