Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#505,781
Dec 10, 2019 8:19pm Dec 10, 2019 8:19pm

navk
Joined Oct 2010 | Status: Trader | 21,480 Posts

Quoting Nala66

Disliked

{quote} Once price hits its target it makes a retracement and everyone gets excited {image}

Ignored

yeah everyone was wrong including me. I was wrong since last Tuesday and holding onto wrong position was stupid of me.

I was holding it due to available margin,

My floating loss was upto 2.5k and finally today out with 10 $.

Last 8 days robbed me of daily profits, which I make huge usually.

Intraday only.

#505,782
Dec 10, 2019 9:31pm Dec 10, 2019 9:31pm

Nala66
Joined Mar 2016 | Status: Trader | 6,383 Posts

Quoting navk

Disliked

{quote} yeah everyone was wrong including me. I was wrong since last Tuesday and holding onto wrong position was stupid of me. I was holding it due to available margin, My floating loss was upto 2.5k and finally today out with 10 $. Last 8 days robbed me of daily profits, which I make huge usually.

Ignored

No worries we all go wrong from time to time and it is one of the most difficult things for a trader to accept.

#505,783
Dec 10, 2019 10:08pm Dec 10, 2019 10:08pm

Never
| Commercial User | Joined May 2019 | 1,639 Posts

Next news updates after the NY open it takes few hours

#505,784
Dec 10, 2019 10:09pm Dec 10, 2019 10:09pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Attachment g Attachment g

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yes yes yes

#505,785
Dec 10, 2019 10:12pm Dec 10, 2019 10:12pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Quoting fontu

Disliked

3212 tested and close and short started to see, usdx likely fight for 97.37 daily close, take care {image} {image}

Ignored

Perfect and waiting further action down, gbpusd towards tl 3050 with signal next 3100 breaks and usdx tl 97.50 and confirmation 97.57 breaks and hold. Take care, fontu

Attached Images

Not understand?better not follow my analyses!doubt clearer first, risks ++

#505,786
Dec 10, 2019 10:13pm Dec 10, 2019 10:13pm

NieFenG999
| Joined Apr 2011 | Status: Trader | 306 Posts

Quoting Moty

Disliked

35078383507839 {image} {image}

Ignored

We're still together.... ^_^

#505,787
Dec 10, 2019 10:27pm Dec 10, 2019 10:27pm

jonatsgonats
| Joined Mar 2018 | Status: Trader | 23 Posts

Quoting fontu

Disliked

{quote} Perfect and waiting further action down, gbpusd towards tl 3050 with signal next 3100 breaks and usdx tl 97.50 and confirmation 97.57 breaks and hold. Take care, fontu {image} {image} {image}

Ignored

This pattern practically is invalidated if GBPNZD makes a new high if the correction for GBPUSD will be GBP driven.

Not sure why trade GBPUSD.... hostage on both fronts.... GBP news/fakenews plus USD FOMC...

I commend traders trading GBPUSD though...

#505,788
Edited Dec 11, 2019 12:02am Dec 10, 2019 10:40pm | Edited Dec 11, 2019 12:02am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Quoting jonatsgonats

Disliked

{quote} This pattern practically is invalidated if GBPNZD makes a new high if the correction for GBPUSD will be GBP driven. Not sure why trade GBPUSD.... hostage on both fronts.... GBP news/fakenews plus USD FOMC... I commend traders trading GBPUSD though...

Ignored

May be, just signal then target scalping only, spikes up down frequent likely at this top till try reach further up towards 3379! And all those random spikes may not be perfectly identified with regular analysis or pattern but perfect to follow through, should work more or less! Take care

the random part /reaction may now at 1.3099, 3092/72 , instead the perfect 3050 ! similarly test up 3145 may not hold , take another 20 pips up to start journey , 3165!
and eurgbp situation , pullback to more correction up try !

Attached Image(s) (click to enlarge)

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#505,789
Dec 10, 2019 11:38pm Dec 10, 2019 11:38pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Quoting NieFenG999

Disliked

{quote} We're still together.... ^_^

Ignored

Be careful my friend,lower your leverage and put sl ,there will be a lot violence in the days to come .

yes yes yes

#505,790
Dec 10, 2019 11:38pm Dec 10, 2019 11:38pm

Tekin
Joined Jul 2018 | Status: Trader | 1,431 Posts

Quoting Tekin

Disliked

{quote} Closed everything 100 pips in 3 hours enough

Ignored

waiting for 1.3175 area to reenter short but not too much greedy there is fomc today and i will add from 1.3214 area if it goes up small amounts maybe 1.3257 possibble too its very early lets live the day and see what happens

#505,791
Dec 11, 2019 12:15am Dec 11, 2019 12:15am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

checking the calendar first time in last 2 weeks , the cpi news may react more than fed rate this time.likely ranging .may get tl down then before fed rate !

Not understand?better not follow my analyses!doubt clearer first, risks ++

#505,792
Dec 11, 2019 12:16am Dec 11, 2019 12:16am

NieFenG999
| Joined Apr 2011 | Status: Trader | 306 Posts

GU must touch 3090 as my opinion....

#505,793
Dec 11, 2019 12:17am Dec 11, 2019 12:17am

akim0895
| Commercial User | Joined Feb 2017 | 24,065 Posts

Quoting navk

Disliked

{quote} yeah everyone was wrong including me. I was wrong since last Tuesday and holding onto wrong position was stupid of me. I was holding it due to available margin, My floating loss was upto 2.5k and finally today out with 10 $. Last 8 days robbed me of daily profits, which I make huge usually.

Ignored

how about a cup of