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Cable Update (GBPUSD)

  • #506,801
  • Dec 19, 2019 2:32am Dec 19, 2019 2:32am
Quoting fontu
{quote} 3128 as last leg down from to signal & hold type needed to do or fakeout / spikes up just. at least 3220 up can be a fine try , most risky , no doubt!
ok, yeah, I see that.

Stop adjusted to 31288.
Intraday only.
  • #506,802
  • Dec 19, 2019 2:52am Dec 19, 2019 2:52am
Are you ready for the spike ?
Attached Image (click to enlarge)
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yes yes yes
  • #506,803
  • Dec 19, 2019 2:58am Dec 19, 2019 2:58am
Quoting Moty
Are you ready for the spike ? {image}

50:50
  • #506,804
  • Edited 4:01am Dec 19, 2019 3:05am | Edited 4:01am
Quoting navk
{quote} ok, yeah, I see that. Stop adjusted to 31288.
out from shorts, Price above EMA in lower TF, SO LONG OPENED. STOP 3080
Intraday only.
  • #506,805
  • Dec 19, 2019 3:08am Dec 19, 2019 3:08am
GBPUSD GBPJPY

From Sma300 or Sma400 or Sma 600 or Sma 800 to a new low and round number.
Attached Image (click to enlarge)
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  • #506,806
  • Dec 19, 2019 3:31am Dec 19, 2019 3:31am
Ugly Print....sometimes data is ignored depends on sentiment...

https://www.forexlive.com/news/!/uk-...ected-20191219
Don't Leave Money on the Table
  • #506,807
  • Dec 19, 2019 3:41am Dec 19, 2019 3:41am
Sentiment focus on MPC minutes.... So GU still going up....
  • #506,808
  • Dec 19, 2019 3:44am Dec 19, 2019 3:44am
Quoting NieFenG999
Sentiment focus on MPC minutes.... So GU still going up....
Cheers M8 should have looked further down the list, was thinking maybe not dropping so far due to DXY heading south
Don't Leave Money on the Table
  • #506,809
  • Dec 19, 2019 3:45am Dec 19, 2019 3:45am
GBPUSD has ranging right now, dangerous for day traders or short term traders

Inserted Video
  • #506,810
  • Dec 19, 2019 3:51am Dec 19, 2019 3:51am
Quoting Bryan5229
It would be nice to see it climb a bit. {image}
If only GU could go lower only then I will have buy setup but for now, it's all just range.

I had to adjust yesterday's buy stop loss.
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Plan your trades and trade your plan.
  • #506,811
  • Dec 19, 2019 3:53am Dec 19, 2019 3:53am
For now 59 is the key for downside.... But I think its hard to go down again, GU wont break his low today....
  • #506,812
  • Dec 19, 2019 3:54am Dec 19, 2019 3:54am
Quoting Tekin
{quote} only problem is this data which can cause up spike (maybe beginning of an up trend) but it shouldnt. we have 3 hours 12:30pmGBP Retail Sales m/m 0.3%-0.1%

is this the spike earlier than data or up trend beginning
  • #506,813
  • Dec 19, 2019 4:10am Dec 19, 2019 4:10am
Quoting NieFenG999
For now 59 is the key for downside.... But I think its hard to go down again, GU wont break his low today....
That's what I'm longing for, a touch of 59.
Plan your trades and trade your plan.
  • #506,814
  • Dec 19, 2019 4:12am Dec 19, 2019 4:12am
WEEK CHART
this triangle Still my guide

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  • #506,815
  • Dec 19, 2019 4:13am Dec 19, 2019 4:13am
Are you ready for 1.31400 ?
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yes yes yes
  • #506,816
  • Dec 19, 2019 4:28am Dec 19, 2019 4:28am
i buy right now, long term position
i may be wrong, don't follow my analysis
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good luck
  • #506,817
  • Dec 19, 2019 4:36am Dec 19, 2019 4:36am
I'm on the sidelines, but this H4 trend line suggests the bulls are still struggling. The poor retail sales data also didn't help the cause.
Attached Image (click to enlarge)
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Charts don't drive price, market conditions drive price...
  • #506,818
  • Dec 19, 2019 4:53am Dec 19, 2019 4:53am
Quoting tito5615104
i buy right now, long term position i may be wrong, don't follow my analysis {image}
wow, 700 ++ pips from

good luck, i'm in
  • #506,819
  • Dec 19, 2019 5:30am Dec 19, 2019 5:30am
just scalps today
up and down

sell from 3100
10-12 pips
in wondering about yourself, you forgot what you came here to be part of
  • #506,820
  • Dec 19, 2019 5:36am Dec 19, 2019 5:36am
Quoting MrRamboNL
GBPUSD GBPJPY From Sma300 or Sma400 or Sma 600 or Sma 800 to a new low and round number. {image}

Don't say that I didn't tell you



*I can be mistaken but must of times I am not.
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