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Cable Update (GBPUSD)

  • #505,281
  • Dec 4, 2019 8:23am Dec 4, 2019 8:23am
for me shorts only
  • #505,282
  • Dec 4, 2019 8:24am Dec 4, 2019 8:24am
False break
Break down of 1.30873 at the gu will bring tge drop
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-04 16.23.49_1.jpg Size: 98 KB
yes yes yes
  • #505,283
  • Dec 4, 2019 8:24am Dec 4, 2019 8:24am
Quoting knkie
{quote} Same R levels on my charts Navk... and yet price seems to want to go thru it... next HL on M5 that is near 3105 i will take it if not it drops and i will take that.
that is true, every resistance has been taken today.

Some one said bear blood bath.
Intraday only.
  • #505,284
  • Dec 4, 2019 8:24am Dec 4, 2019 8:24am
It's all fundamentals.That's why, in my opinion, trading is very difficult.You have to read between the lines have a clear strategy on what is going on, what your target is and how you can achieve it.It takes a lot of guts to stick in a losing position in order to make profit.I am working on it.That's why i only trade one currency and this time cable.I think it will go up to 1.33 before the elections.Today it is the first wave of this movement.Personal opinion of course.
  • #505,285
  • Dec 4, 2019 8:34am Dec 4, 2019 8:34am
Quoting Supermarios
It's all fundamentals.That's why, in my opinion, trading is very difficult.You have to read between the lines have a clear strategy on what is going on, what your target is and how you can achieve it.It takes a lot of guts to stick in a losing position in order to make profit.I am working on it.That's why i only trade one currency and this time cable.I think it will go up to 1.33 before the elections.Today it is the first wave of this movement.Personal opinion of course.
i find its easier if you leave the fundamentals out of it.
The chart represents everything.
Price Never Lies
in wondering about yourself, you forgot what you came here to be part of
  • #505,286
  • Dec 4, 2019 8:38am Dec 4, 2019 8:38am
pending Sell 3085
just in case...
my bias is still long ...its been a strong move today.
in wondering about yourself, you forgot what you came here to be part of
  • #505,287
  • Dec 4, 2019 8:38am Dec 4, 2019 8:38am
Quoting knkie
{quote} if it breaks 3081 i will join you.... what level did you trigger if i may ask?
1.31 and gbpjpy 141.300..
plus i am losing faith in shorts... after checking 4h candle my guts saying close it n go opposite
Extreme gut feeling trader
  • #505,288
  • Dec 4, 2019 8:40am Dec 4, 2019 8:40am
Quoting Supermarios
It's all fundamentals.That's why, in my opinion, trading is very difficult.You have to read between the lines have a clear strategy on what is going on, what your target is and how you can achieve it.It takes a lot of guts to stick in a losing position in order to make profit.I am working on it.That's why i only trade one currency and this time cable.I think it will go up to 1.33 before the elections.Today it is the first wave of this movement.Personal opinion of course.
Fundamentals all the way. All market indices and news are against USD. Trump will not back down on his tariff imposition for now
  • #505,289
  • Dec 4, 2019 8:42am Dec 4, 2019 8:42am
Quoting knkie
{quote} i find its easier if you leave the fundamentals out of it. The chart represents everything. Price Never Lies
How the charts predicted today's bull run?Charts represent price but all charts and indicators are lagging.I use charts for entry and exit purposes.
  • #505,290
  • Dec 4, 2019 8:43am Dec 4, 2019 8:43am
Quoting montygoldy
{quote} 1.31 and gbpjpy 141.300..
got it thnx
in wondering about yourself, you forgot what you came here to be part of
  • #505,291
  • Edited 11:16pm Dec 4, 2019 8:45am | Edited 11:16pm
watching next level to react most 29767/74 and any above can be short lived/ fast moves towards 3380. so again sell areas to enter . lets see
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 38 KB
Click to Enlarge Name: GBPUSDH1.png Size: 34 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,292
  • Dec 4, 2019 8:45am Dec 4, 2019 8:45am
Quoting Supermarios
{quote} How the charts predicted today's bull run?Charts represent price but all charts and indicators are lagging.I use charts for entry and exit purposes.
well for me it was clear yesterday:
The Day bar closed above Resistance it had been boxing up against all week.
H4 confirmed the move with HLs
then enter on a lower time frame that suits you.

PS: i do not use indicators. Only Hi's and Lo's
PS2: btw i realise there are many styles of trading and this is just wht suits me well
in wondering about yourself, you forgot what you came here to be part of
  • #505,293
  • Dec 4, 2019 8:52am Dec 4, 2019 8:52am
Quoting montygoldy
{quote} 1.31 and gbpjpy 141.300.. plus i am losing faith in shorts... after checking 4h candle my guts saying close it n go opposite
Do you think tue price will fly above 1.3100 today?
  • #505,294
  • Dec 4, 2019 8:52am Dec 4, 2019 8:52am
Quoting knkie
{quote} well for me it was clear yesterday: The Day bar closed above Resistance it had been boxing up against all week. H4 confirmed the move with HLs then enter on a lower time frame that suits you. PS: i do not use indicators. Only Hi's and Lo's PS2: btw i realise there are many styles of trading and this is just wht suits me well
Yeah exactly. After all we all want to make money no matter the way. Stay green my friend.
  • #505,295
  • Dec 4, 2019 8:58am Dec 4, 2019 8:58am
Quoting Supermarios
{quote} Yeah exactly. After all we all want to make money no matter the way. Stay green my friend.
you too Mario...
in wondering about yourself, you forgot what you came here to be part of
  • #505,296
  • Dec 4, 2019 9:00am Dec 4, 2019 9:00am
i bought 3096
just in tme it seems
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #505,297
  • Dec 4, 2019 9:01am Dec 4, 2019 9:01am
Quoting montygoldy
{quote} 1.31 and gbpjpy 141.300.. plus i am losing faith in shorts... after checking 4h candle my guts saying close it n go opposite
Sometimes i just go with my guts with closed eyes.... Closed the shorts before already in Longs........
Extreme gut feeling trader
  • #505,298
  • Dec 4, 2019 9:03am Dec 4, 2019 9:03am
Quoting montygoldy
{quote} Sometimes i just go with my guts with closed eyes.... Closed the shorts before already in Longs........
very good
in wondering about yourself, you forgot what you came here to be part of
  • #505,299
  • Dec 4, 2019 9:15am Dec 4, 2019 9:15am
Anyone for shorts , LOL
Follow The Markets Structure - Patience and Discipline
  • #505,300
  • Dec 4, 2019 9:18am Dec 4, 2019 9:18am
Quoting knkie
i bought 3096 just in tme it seems {image}
its probably not done but i have to go out so im closing this trade with 20 pips.
Amazing day: 136 total

trade safe guys & gals....
in wondering about yourself, you forgot what you came here to be part of
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