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Cable Update (GBPUSD)

  • #505,861
  • Dec 11, 2019 7:18am Dec 11, 2019 7:18am
Quoting DailyChart
{quote} Hi Sweety
Hi Cutie Pie!!!
Don't trade what you think. Just what you see!!!
  • #505,862
  • Dec 11, 2019 7:36am Dec 11, 2019 7:36am
I'm stuck in a dirty short at 1.3120. Hope price can revisit it today.
  • #505,863
  • Dec 11, 2019 7:38am Dec 11, 2019 7:38am
Attached Image


I had to take one setup.lol been staring at 8 days of charts not taking anything...
  • #505,864
  • Dec 11, 2019 7:42am Dec 11, 2019 7:42am
Will it be safe to trade on the 12 ? i mean any pair at all or we will just have to stay away from trading only GBP pairs due to the elections tomorrow.
Thank you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #505,865
  • Dec 11, 2019 7:47am Dec 11, 2019 7:47am
Quoting martinez1
Will it be safe to trade on the 12 ? i mean any pair at all or we will just have to stay away from trading only GBP pairs due to the elections tomorrow. Thank you
Asian trading is recommended but close all trade before London open.
  • #505,866
  • Dec 11, 2019 7:49am Dec 11, 2019 7:49am
i think fed news will be down for all pairs but after
  • #505,867
  • Edited 8:10am Dec 11, 2019 7:50am | Edited 8:10am
I see cpi positive but price jumped , so spike up may have settle , short all. to see

eurgbp also tank but ok to move forwards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB
Click to Enlarge Name: GBPUSDH4.png Size: 37 KB
Click to Enlarge Name: EURGBPH4.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,868
  • Dec 11, 2019 7:52am Dec 11, 2019 7:52am
PA is back to EMA 800/D1 (3172). Do we now get its own proper 100-pip drop?

Yesterday, when PA overshot it to 3214, we witnessed a 107-pip drop to 3107.
  • #505,869
  • Dec 11, 2019 7:53am Dec 11, 2019 7:53am
Quoting Ra.
{image} I had to take one setup.lol been staring at 8 days of charts not taking anything...
looks good !
in wondering about yourself, you forgot what you came here to be part of
  • #505,870
  • Dec 11, 2019 7:55am Dec 11, 2019 7:55am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-11 15.53.24_1(2).jpg Size: 105 KB
yes yes yes
  • #505,871
  • Dec 11, 2019 7:56am Dec 11, 2019 7:56am
Quoting Moty
{image}
If I've ever wanted you to be right, it's today!
  • #505,872
  • Dec 11, 2019 8:07am Dec 11, 2019 8:07am
Quoting Theoak
{quote} Hi Cutie Pie!!!
lol
Pip Goes The Weasel
  • #505,873
  • Dec 11, 2019 8:08am Dec 11, 2019 8:08am
Quoting Moty
{image}

At them moment not a chance, has given no indication to come down further and even if it does there is support at 3098, would be better to wait for it to come through that support @ 3098 then at least you might have a trend reversal and it could drop a lot further.
Follow The Markets Structure - Patience and Discipline
  • #505,874
  • Dec 11, 2019 8:08am Dec 11, 2019 8:08am
Quoting thevisitor
short DP 1.3153 bear flag M30 Target 1.3085-50
was cought at the wrong side

sl -10
  • #505,875
  • Dec 11, 2019 8:09am Dec 11, 2019 8:09am
Quoting thevisitor
{quote} was cought at the wrong side sl -10
likely 3100 before drop.
Intraday only.
  • #505,876
  • Dec 11, 2019 8:10am Dec 11, 2019 8:10am
Quoting navk
{quote} likely 3100 before drop.
3200 navk?
yes...
  • #505,877
  • Dec 11, 2019 8:13am Dec 11, 2019 8:13am
Quoting thevisitor
{quote} 3200 navk? yes...
error, yeah I meant 1.3200 to test
Intraday only.
  • #505,878
  • Dec 11, 2019 8:19am Dec 11, 2019 8:19am
Eff it, closed my short at 1.3120. Half the weeks profits gone but lesson learnt.
  • #505,879
  • Dec 11, 2019 8:19am Dec 11, 2019 8:19am
Quoting owokudi
{quote} Asian trading is recommended but close all trade before London open.
thank you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #505,880
  • Dec 11, 2019 8:24am Dec 11, 2019 8:24am
Quoting Bydyke
PA is back to EMA 800/D1 (3172). Do we now get its own proper 100-pip drop? Yesterday, when PA overshot it to 3214, we witnessed a 107-pip drop to 3107.
It dropped because the news..not because the ema..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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