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Cable Update (GBPUSD)

  • #505,301
  • Dec 4, 2019 9:21am Dec 4, 2019 9:21am
Quoting Army50000
{quote} I Have a loyal Suggestion for you based on my calculations.... Sell GBP / JPY....

Lucky i did not take your advice as it was wrong, i only trust my own analysis.
Follow The Markets Structure - Patience and Discipline
  • #505,302
  • Dec 4, 2019 9:21am Dec 4, 2019 9:21am
Quoting knkie
{quote} 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....
well done very well done

cheers budd
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,303
  • Dec 4, 2019 9:28am Dec 4, 2019 9:28am
relentless buying...

hmmm

stooped out many times
Intraday only.
  • #505,304
  • Dec 4, 2019 9:30am Dec 4, 2019 9:30am
Quoting pipfarm
{quote} Lucky i did not take your advice as it was wrong, i only trust my own analysis.
He is a longer term trader friend. Do not be so rash. I agree with his sentiment on bearish GBPJPY for the next 2 months (counting this one). Slice the markets anyway you see fit. The more profits the better! That is the only condition! Do as you see fit.
  • #505,305
  • Dec 4, 2019 9:31am Dec 4, 2019 9:31am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-04 17.30.47_1.jpg Size: 108 KB
yes yes yes
  • #505,306
  • Dec 4, 2019 9:34am Dec 4, 2019 9:34am
The market is up, why everyone is selling?
Double the account
  • #505,307
  • Dec 4, 2019 9:36am Dec 4, 2019 9:36am
Quoting navk
relentless buying... hmmm stooped out many times
yes crazy day, dont see todays target, 1.33? Massive loss today, 70, pips.

And all large GBP pairs today have almost 100% correlation, while monday it was completely opposite.

still naive and shorting at 3105.
  • #505,308
  • Dec 4, 2019 9:41am Dec 4, 2019 9:41am
Quoting krst8
{quote} yes crazy day, dont see todays target, 1.33? Massive loss today, 70, pips. And all large GBP pairs today have almost 100% correlation, while monday it was completely opposite. still naive and shorting at 3105.
Yeah one can not buy at this price
Intraday only.
  • #505,309
  • Dec 4, 2019 9:44am Dec 4, 2019 9:44am
short taken to see signal 3085/63 breaks for limit 2949 test/ 2977 tp areas if .3085 not broken yet though!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 30 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,310
  • Dec 4, 2019 9:46am Dec 4, 2019 9:46am
Quoting navk
{quote} Yeah one can not buy at this price
yeah, of same idea, but the mass appears to disagree.

Today happing on the European nato summit that lead Trump to leave the nato meeting prematurely i thought to have some more impact also...
  • #505,311
  • Dec 4, 2019 9:47am Dec 4, 2019 9:47am
for me shorts only..
  • #505,312
  • Dec 4, 2019 9:48am Dec 4, 2019 9:48am
Quoting WhipKream
{quote} He is a longer term trader friend. Do not be so rash. I agree with his sentiment on bearish GBPJPY for the next 2 months (counting this one). Slice the markets anyway you see fit. The more profits the better! That is the only condition! Do as you see fit.
Sentiment means nothing, you can have all the sentiment for a particular direction as much as you like, the markets do not care about yours or my sentiment, when the market turns bearish chart wise , price wise. thats the time to short ,forget news, forget gurus , forget fundamentals, forget tweets and all the rest of the bs, i learnt that a long time ago and its stood me in good stead.
Follow The Markets Structure - Patience and Discipline
  • #505,313
  • Dec 4, 2019 9:49am Dec 4, 2019 9:49am
Quoting thevisitor
for me shorts only..
i had same sentiment yesterday and burned today, what is your stategic view else than two days upp should lead to correction?
  • #505,314
  • Dec 4, 2019 9:53am Dec 4, 2019 9:53am
Quoting zghnno
The market is up, why everyone is selling?
The pound is riding the Boris election polls wave, nothing to do with economic indicators. Services PMI data from earlier today shows that the UK economy contracted to the lowest levels in 8 months. So, I hold my view that only positive election news and a majority win for Boris will sustain the pound.
Charts don't drive price, market conditions drive price...
  • #505,315
  • Dec 4, 2019 10:03am Dec 4, 2019 10:03am
Quoting krst8
{quote} i had same sentiment yesterday and burned today, what is your stategic view else than two days upp should lead to correction?
look fontus chart above
my view is similar
  • #505,316
  • Dec 4, 2019 10:34am Dec 4, 2019 10:34am
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.
Best time to long would be post election.
  • #505,317
  • Dec 4, 2019 10:36am Dec 4, 2019 10:36am
Quoting pipfarm
{quote} Sentiment means nothing, you can have all the sentiment for a particular direction as much as you like, the markets do not care about yours or my sentiment, when the market turns bearish chart wise , price wise. thats the time to short ,forget news, forget gurus , forget fundamentals, forget tweets and all the rest of the bs, i learnt that a long time ago and its stood me in good stead.
Check your monthly chart then on GJ. It still says down. As I said, slice it in whichever way you see fit. I don't trust gurus nor Trump, but I do trust fundamentals, price action, and above all else, myself. I'm sure you do as well. May you earn many profits in my DD.
  • #505,318
  • Dec 4, 2019 10:44am Dec 4, 2019 10:44am
Quoting zghnno
The market is up, why everyone is selling?
I am a proud seller
The drop is here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-04 18.43.38_1.jpg Size: 114 KB
Click to Enlarge Name: New Doc 2019-12-04 18.52.46_1.jpg Size: 115 KB
yes yes yes
  • #505,319
  • Dec 4, 2019 10:58am Dec 4, 2019 10:58am
hi again
M5 is worth a shot
buy 3094
in wondering about yourself, you forgot what you came here to be part of
  • #505,320
  • Dec 4, 2019 11:07am Dec 4, 2019 11:07am
Quoting knkie
hi again M5 is worth a shot buy 3094
With you again ,took it at 1.3090

Tp/sl. 40/40 lets see overnight trade for me.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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