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Cable Update (GBPUSD)

Quoting Moty
I went to sleep at minus 70 pips, and woke up to plus 40 pips( i am out 1.31081) . The drop has finally arrived. How much can you resist gravity , mister s** of a b***h ? let's play some shorts The drop is finally here {image} {image}
you entered for a sell way too quick, i entered at the very high and enjoyed all the way down.
Quoting krst8
{quote} You really "believe" moty there is a bigger drop now before the election? Back to before 3 december?
i belive we go down atleast to 1.30118
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yes yes yes
I am out of trade till friday,,I closed my short with -2 pip and I am so happy😂 Trading before FED on Wednesday night and Circus as like as UK ELection is gambling!!!
Cable still going down more 100pips
Quoting Moty
{quote} i belive we go down atleast to 1.30118 {image} {image}
i trade ichimoku, and the H1 has not passed down the cloud since Friday 29 nov, basically, so a very strong move down. Will be interesting the coming hours during the asian market now also...
I am posting my chart, after 8 days of floating loss, it went up to 2.5 k floating loss, stupid this to hold, but finally closed in positive.

In the process, I would have given at least 2k loss too by stop orders.

In any case I was thinking to close the trades in loss today before election results, and did that at the end with positive but..but fortunate.
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Intraday only.
what the heck happened?
Thank God I still hold short GU
Quoting krst8
{quote} i trade ichimoku, and the H1 has not passed down the cloud since Friday 29 nov, basically, so a very strong move down. Will be interesting the coming hours during the asian market now also...
What is your Ichi setting? I am using default and the price has passed Komo in H1
Quoting krst8
{quote} i trade ichimoku, and the H1 has not passed down the cloud since Friday 29 nov, basically, so a very strong move down. Will be interesting the coming hours during the asian market now also...
it's better to trade simple with highs and lows
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yes yes yes
Quoting Arshamv
{quote} What is your Ichi setting? I am using default and the price has passed Komo in H1
normal settings, but this is what i mean to. The first h1 candle that has passed the cloud in almost two weeks
Quoting Moty
{quote} it's better to trade simple with highs and lows {image}
i do that basically yes to which is my overtrading problem... not strict enough to keep my ichi tactics, but will try to revert to more strict tactics soner than later.. got "killed" by the 3december move on my account and would not have done that if i followed my tactics..
Quoting Arshamv
I am out of trade till friday,,I closed my short with -2 pip and I am so happy Trading before FED on Wednesday night and Circus as like as UK ELection is gambling!!!
you are right , i am planning to trade the eu for a while
Although he has been boring to death recently
yes yes yes
Quoting davidtrisnad
what the heck happened? Thank God I still hold short GU
Nothing, just GU had obvious void to fill
Quoting krst8
{quote} normal settings, but this is what i mean to. The first h1 candle that has passed the cloud in almost two weeks
Yes also the cross has been happen up of Komo so It is not a strong sell signal
Quoting davidtrisnad
what the heck happened? Thank God I still hold short GU
This is what happened

https://www.fxstreet.com/news/gbp-us...l-201912102208
  • #505,776
  • Quote
  • Edited 7:09pm Dec 10, 2019 6:55pm | Edited 7:09pm
Quoting Arshamv
{quote} I hope that it always work for you perfectlyBut does it forecast such a 80 pip pull back in 10 mintues?Believe me ,it is a dirty games for now
Arshamv, if I recognize the pattern (EW, HP) correctly usually my TA works perfectly, if I don't I have to scramble and adjust to new conditions...It was bearish Bat pattern on Daily Chart. I and many other traders intended to short at these levels (1.3204-11) long-time ago...https://www.forexfactory.com/showthr...1#post12620451
No, we never know when the windfall comes...Bad wording in my previous post, sorry Arshamv . Disrespect not intended.
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Always trade your own plan...I don't provide trading signals.
Quoting Ra.
Wouldn't be surprised if price keeps running to High of Year. Maybe a pullback along the way...but she's been going strong as of recently. {image} {image}
drop came quicker than i expected... YouGov Polls...ppl still actually think that shte is reliable? lol
Quoting Ra.
{quote} drop came quicker than i expected... YouGov Polls...ppl still actually think that shte is reliable? lol
reliable or not, the MRP has been spoken much about, hence used for market movements:-)
Quoting thevisitor
{quote} coreg is a wave artist.. this morning first i was a little wrong, expectet a small down move but in the end i've got the train north.. i hope coreg took the short
Thanks TV, sometimes I got lucky too...Didn't expect such a fast drop. When I recognized what's going on the spread was 6 pips (way before 5 pm NY time) and decided to hold. Very long day for me today. TS @1.31509
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Always trade your own plan...I don't provide trading signals.
Quoting Nala66
{quote} There is a target level there at 3205 to be tested, so you might get lucky
Once price hits its target it makes a retracement and everyone gets excited
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