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Cable Update (GBPUSD)

  • #505,901
  • Dec 11, 2019 10:40am Dec 11, 2019 10:40am
i think im buying here again
3179
in wondering about yourself, you forgot what you came here to be part of
  • #505,902
  • Dec 11, 2019 10:48am Dec 11, 2019 10:48am
Quoting Supermarios
{quote} Yes the price is above that level but i think this is because if Boris wins with majority then the Brexit is sure.Every trader has its style.Mine is based on fundamentals.I think that market moves cause of the news.Of course there is manipulation no one argues but after all the market reacts to certain things that were or are about to happen.
undoubtably have done a wrong analysis in the last days and no one to blame than the trader itself :-) But yesterdays news was showing signs that the win could be lost, and still the price is increasing like this risk did not happen. Anyhow, a large lesson to learn, analyse, improve and not repeat! Have kinda proven myself that the only win in this game for me is in doing short time scalping and cutting the losing trade quick, so will have to go back to this "winning concept".
  • #505,903
  • Dec 11, 2019 11:10am Dec 11, 2019 11:10am
so all the wait for the news was for nothing???? because i can't see any spike or news effect
  • #505,904
  • Dec 11, 2019 11:13am Dec 11, 2019 11:13am
Quoting krst8
{quote} undoubtably have done a wrong analysis in the last days and no one to blame than the trader itself :-) But yesterdays news was showing signs that the win could be lost, and still the price is increasing like this risk did not happen. Anyhow, a large lesson to learn, analyse, improve and not repeat! Have kinda proven myself that the only win in this game for me is in doing short time scalping and cutting the losing trade quick, so will have to go back to this "winning concept".
Whatever suits you the most mate.Me personally i dont trade with S/L so i've learned to see my account go deep and then recover.But i let it be like this cause i have a strategy in my head.Since September i am long on pound.I am still long but i've closed most of my positions with good profit for my scale.And something that helped me is that with loses i am becoming a better trader.Take care mate and stay green.
  • #505,905
  • Dec 11, 2019 11:14am Dec 11, 2019 11:14am
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  • #505,906
  • Dec 11, 2019 11:22am Dec 11, 2019 11:22am
Attached Image (click to enlarge)
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yes yes yes
  • #505,907
  • Dec 11, 2019 11:28am Dec 11, 2019 11:28am
Upwards and on wards we go,

3194
3271
3385
Follow The Markets Structure - Patience and Discipline
  • #505,908
  • Dec 11, 2019 11:44am Dec 11, 2019 11:44am
lol

when asked about the Credit Suisse QE4 potential

J.Po: .... evades.


USD: Weakens
  • #505,909
  • Dec 11, 2019 11:57am Dec 11, 2019 11:57am
Quoting knkie
i think im buying here again 3179
im exit here +24 pips

price will most likely start swinging higher now, but im out for the day...

trade safe
in wondering about yourself, you forgot what you came here to be part of
  • #505,910
  • Dec 11, 2019 11:59am Dec 11, 2019 11:59am
All is very strange.
  • #505,911
  • Dec 11, 2019 12:04pm Dec 11, 2019 12:04pm
i think we will go to 1.3277 ish maybee tomorow till than trade safe
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,912
  • Edited 12:22pm Dec 11, 2019 12:09pm | Edited 12:22pm
H4 not only GU go down.but gu upper channel 1.32480,i think it can go down somewhere ,and maybe up.i dont speak about normal correction h4.
  • #505,913
  • Dec 11, 2019 12:18pm Dec 11, 2019 12:18pm
Attached Image (click to enlarge)
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yes yes yes
  • #505,914
  • Dec 11, 2019 12:18pm Dec 11, 2019 12:18pm
Quoting viktoriaxz
H4 not only GU go down.
Maybe there will be opportunity to be buy near 1,3060 in the near term.

But 1,3180 could be a floor, if we break it, there is a chance to reach back 1,3120 and then lower

Lets see ...else, its heading for 1,3370/1,3440 daily
COT: The precious data ignored
  • #505,915
  • Dec 11, 2019 12:33pm Dec 11, 2019 12:33pm
All the way up and then all the way down.
Pip Goes The Weasel
  • #505,916
  • Dec 11, 2019 12:49pm Dec 11, 2019 12:49pm
Quoting viktoriaxz
All is very strange.
IT HAS BEEN VERY CHALLENGING TO GET INFLATION BACK TO 2% TARGET/ Powel
  • #505,917
  • Dec 11, 2019 12:55pm Dec 11, 2019 12:55pm
Quoting kuroro001
{quote} Maybe there will be opportunity to be buy near 1,3060 in the near term. But 1,3180 could be a floor, if we break it, there is a chance to reach back 1,3120 and then lower Lets see ...else, its heading for 1,3370/1,3440 daily
In my view no time for such a reaction in this pair, between next 24-30 hours the result of election will be clear, and price has only 2 non stop way ,one dirctly to 1.35 area and one to 1.27
  • #505,918
  • Dec 11, 2019 2:33pm Dec 11, 2019 2:33pm
going up and up ? omg
  • #505,919
  • Dec 11, 2019 2:36pm Dec 11, 2019 2:36pm
Quoting Arshamv
{quote} In my view no time for such a reaction in this pair, between next 24-30 hours the result of election will be clear, and price has only 2 non stop way ,one dirctly to 1.35 area and one to 1.27
I believe a hung parliment or a labour minority government will send cable down further than 1.27 and I have 1.2430 as being hit with Fibo from low of 1957 to the current high of 3214 gives us a hit on 1.2430 at 38.2
Was also hit last week of Dec 2018
Don't Leave Money on the Table
  • #505,920
  • Dec 11, 2019 2:40pm Dec 11, 2019 2:40pm
Quoting HaLBot
{quote} I believe a hung parliment or a labour minority government will send cable down further than 1.27 and I have 1.2430 as being hit with Fibo from low of 1957 to the current high of 3214 gives us a hit on 1.2430 at 38.2 Was also hit last week of Dec 2018
I agree, 1.27 is first target and quick action if we have a hung parliament
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