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Cable Update (GBPUSD)

  • #505,801
  • Dec 11, 2019 1:27am Dec 11, 2019 1:27am
holding... SL=BE
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  • #505,802
  • Dec 11, 2019 1:28am Dec 11, 2019 1:28am
Quoting navk
{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.
Not everyone...it depends on where you entered.

Guz
Charts don't drive price, market conditions drive price...
  • #505,803
  • Dec 11, 2019 1:32am Dec 11, 2019 1:32am
Quoting navk
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. {image}
Glad you got out of it. Cheers.
  • #505,804
  • Dec 11, 2019 1:37am Dec 11, 2019 1:37am
Quoting Moty
35078383507839 {image} {image}
Patience pays off
COT: The precious data ignored
  • #505,805
  • Dec 11, 2019 1:43am Dec 11, 2019 1:43am
I think GU will going down.... ^_^
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  • #505,806
  • Dec 11, 2019 1:55am Dec 11, 2019 1:55am
Quoting kuroro001
{quote} Give it time....to 1.3115 / 1.3060 / 1.3010 I'll accumulate on the rise if needed
First target reached

Waiting for second one @1.3060/70

Last one 1.3010

But it could go as down as 1.277x who knows
COT: The precious data ignored
  • #505,807
  • Dec 11, 2019 2:06am Dec 11, 2019 2:06am
morning
scalped some short from 3122 and then realized H4 can still make a HL.
Careful guys, this thing can still go up.
in wondering about yourself, you forgot what you came here to be part of
  • #505,808
  • Dec 11, 2019 2:11am Dec 11, 2019 2:11am
Quoting knkie
morning scalped some short from 3122 and then realized H4 can still make a HL. Careful guys, this thing can still go up.
Not today bro I think....
  • #505,809
  • Dec 11, 2019 2:15am Dec 11, 2019 2:15am
Quoting NieFenG999
{quote} Not today bro I think....
you are probably right.
The down pressure is big ...
But price is right now at a Day support level and M5 price is pinning that level.
Might just scalp long here.
in wondering about yourself, you forgot what you came here to be part of
  • #505,810
  • Dec 11, 2019 2:30am Dec 11, 2019 2:30am
BUY 3118

just scalping
15-20 pips target
in wondering about yourself, you forgot what you came here to be part of
  • #505,811
  • Dec 11, 2019 2:37am Dec 11, 2019 2:37am
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  • #505,812
  • Dec 11, 2019 2:38am Dec 11, 2019 2:38am
i go short 1.3123 tp/sl 40/40

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,813
  • Dec 11, 2019 2:44am Dec 11, 2019 2:44am
Quoting 19monza64
{image}
close + 18 pips
  • #505,814
  • Dec 11, 2019 2:44am Dec 11, 2019 2:44am
Quoting knkie
BUY 3118 just scalping 15-20 pips target
Exit +12 pips

gonna be a scalp day i think.
Im on M5 with M30 direction.
in wondering about yourself, you forgot what you came here to be part of
  • #505,815
  • Dec 11, 2019 2:53am Dec 11, 2019 2:53am
Quoting 19monza64
{quote} close + 18 pips
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  • #505,816
  • Dec 11, 2019 2:54am Dec 11, 2019 2:54am
Quoting knkie
{quote} Exit +12 pips gonna be a scalp day i think. Im on M5 with M30 direction.
It should be a temporary short the rally period until we reach back 1.3010...maybe lower...

On the very long run...1.52xx is the TP
COT: The precious data ignored
  • #505,817
  • Edited 3:57am Dec 11, 2019 3:01am | Edited 3:57am
Election UK : After polling stations close at 10pm 12 December , the votes will be counted in two stages. This process typically ends around 2am 13 December with the winner to be announced shortly after (13 December 2019 = FRIDAY)

Why is Friday the 13th Unlucky ?
According to biblical tradition, 13 guests attended the Last Supper, held on Maundy Thursday, including Jesus and his 12 apostles (one of whom, Judas, betrayed him). The next day, of course, was Good Friday, the day of Jesus’ crucifixion

FRIDAY THE 13th GBP Crucifixion ( we will see 1.25000 )
  • #505,818
  • Dec 11, 2019 3:04am Dec 11, 2019 3:04am
Had a nice little buy trade, 3118 with TP @ 3140

Easy Peasy like they should be, didn't catch it at 3111 but jumped in anyway....Somethings given cable a boost, technical or news?
Don't Leave Money on the Table
  • #505,819
  • Dec 11, 2019 3:06am Dec 11, 2019 3:06am
Quoting tecpoint
Election UK : After polling stations close at 10pm 12 November , the votes will be counted in two stages. This process typically ends around 2am 1 3 November with the winner to be announced shortly after (13 November 2019 = FRIDAY) Why is Friday the 13th Unlucky ? According to biblical tradition, 13 guests attended the Last Supper, held on Maundy Thursday, including Jesus and his 12 apostles (one of whom, Judas, betrayed him). The next day, of course, was Good Friday, the day of Jesus’ crucifixion FRIDAY THE 13th GBP Crucifixion ( we will see 1.25000...
Only if hung parliament or Corbyn the communist gets in....

Boris gets a clear majority cable could briefly see 1.3500 and I'll be loading up for either outcome
Don't Leave Money on the Table
  • #505,820
  • Dec 11, 2019 3:09am Dec 11, 2019 3:09am
Quoting tecpoint
Election UK : After polling stations close at 10pm 12 November , the votes will be counted in two stages. This process typically ends around 2am 1 3 November with the winner to be announced shortly after (13 November 2019 = FRIDAY) Why is Friday the 13th Unlucky ? According to biblical tradition, 13 guests attended the Last Supper, held on Maundy Thursday, including Jesus and his 12 apostles (one of whom, Judas, betrayed him). The next day, of course, was Good Friday, the day of Jesus’ crucifixion FRIDAY THE 13th GBP Crucifixion ( we will see 1.25000...

and we could see 1.4xxx as well
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Fishbones