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Cable Update (GBPUSD)

  • #505,221
  • Dec 4, 2019 2:50am Dec 4, 2019 2:50am
Short again 3040.... Sl 3065 tp open....
  • #505,222
  • Dec 4, 2019 2:56am Dec 4, 2019 2:56am
Next target for Cable maybe a small stop @3050 4H resistance then 3170 daily resistance.
Follow The Markets Structure - Patience and Discipline
  • #505,223
  • Dec 4, 2019 2:57am Dec 4, 2019 2:57am
A big pivot point if ADP Non-Farm Employment goes as forecast. Hmmmmm...
  • #505,224
  • Dec 4, 2019 3:02am Dec 4, 2019 3:02am
Quoting knkie
{quote} thought it might go down a bit more but we are there already. BUY 3005 H1 chart {image}

Exit Longs just after i made this screenshot
+14 && +53 pips
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #505,225
  • Dec 4, 2019 3:05am Dec 4, 2019 3:05am
Quoting granty
A big pivot point if ADP Non-Farm Employment goes as forecast. Hmmmmm...

Looks like nfp is being priced in already , so we know its going to be a bad one for the USA and cable will dive at 3170 and everyone will be screaming oh oh why the NFP was bad it should of moved up
Follow The Markets Structure - Patience and Discipline
  • #505,226
  • Dec 4, 2019 3:07am Dec 4, 2019 3:07am
1.3105 or 1.3162 are the right price for short in my book
Read the chart... Fundies are catalyst...
  • #505,227
  • Dec 4, 2019 3:10am Dec 4, 2019 3:10am
Short at 1.30600 daily r2
Tp 1.301279 daily r1
yes yes yes
  • #505,228
  • Dec 4, 2019 3:11am Dec 4, 2019 3:11am
Quoting Moty
Short at 1.3060
Higher than me 20 point.... ^_^
  • #505,229
  • Dec 4, 2019 3:18am Dec 4, 2019 3:18am
Quoting Moty
Short at 1.30600 daily r2 Tp 1.301279 daily r1
see my daily R1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 28 KB
Intraday only.
  • #505,230
  • Dec 4, 2019 3:20am Dec 4, 2019 3:20am
Its better to stay away from short cable.. It will only burn your hands.
Post 12th December would be safer to trade.

Cable is going to hit 1.35xx after elections & post Brexit.
  • #505,231
  • Dec 4, 2019 3:24am Dec 4, 2019 3:24am
Waiting for the retracement and my target will be near 1.3170.
Attached Image (click to enlarge)
Click to Enlarge Name: asd.png Size: 51 KB
  • #505,232
  • Dec 4, 2019 3:24am Dec 4, 2019 3:24am
Quoting tito5615104
maybe reach to 3063-3069 if close daily candle above 1.3000 {image}
done
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 25 KB
Click to Enlarge Name: 2.png Size: 24 KB
good luck
  • #505,233
  • Dec 4, 2019 3:24am Dec 4, 2019 3:24am
Quoting StallionF
Its better to stay away from short cable.. It will only burn your hands. Post 12th December would be safer to trade. Cable is going to hit 1.35xx after elections & post Brexit.
Hi
When will the election and Brexit vote be happened?
Thanks
  • #505,234
  • Dec 4, 2019 3:28am Dec 4, 2019 3:28am
Quoting quangvision
{quote} Hi When will the election and Brexit vote be happened? Thanks
Elections 12th December. I expect Brexit to happen in Jan 2020.
Expect lot of manipulation in GU before 12th December. Once labours lose the elections cable will fly higher.
So prefer to stay away from GBP personally.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 895 KB
  • #505,235
  • Dec 4, 2019 3:54am Dec 4, 2019 3:54am
Back in again Long
3045
in wondering about yourself, you forgot what you came here to be part of
  • #505,236
  • Dec 4, 2019 3:56am Dec 4, 2019 3:56am
Quoting knkie
Back in again Long 3045
My long targeting 1.3061. Cheers
  • #505,237
  • Dec 4, 2019 3:57am Dec 4, 2019 3:57am
Quoting StallionF
{quote} Elections 12th December. I expect Brexit to happen in Jan 2020. Expect lot of manipulation in GU before 12th December. Once labours lose the elections cable will fly higher. So prefer to stay away from GBP personally. {image}
The all time question is: will cable go down after Dec 12 (how low) and then higher?
Lost....
  • #505,238
  • Dec 4, 2019 3:59am Dec 4, 2019 3:59am
Quoting StallionF
Its better to stay away from short cable.. It will only burn your hands. Post 12th December would be safer to trade. Cable is going to hit 1.35xx after elections & post Brexit.
My stop loss is at daily high area 1.30650
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-04 12.07.52_1.jpg Size: 108 KB
yes yes yes
  • #505,239
  • Dec 4, 2019 4:02am Dec 4, 2019 4:02am
Quoting knkie
Back in again Long 3045
i am with you on that

30/30 tp/sl

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,240
  • Dec 4, 2019 4:16am Dec 4, 2019 4:16am
Quoting gespiri
{quote} The all time question is: will cable go down after Dec 12 (how low) and then higher?
It will go opposite of what general market sentiment is...
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