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Cable Update (GBPUSD)

Quoting Marz30
{quote} I would like to know as well. +150 pips in a few hours? i still avoid this pair because of the margin requirements
probably 200pips by the end of day range... :-(

one thing is why and the other thing whom is buying into this?!? :-) Yesterday the GBPJPY keep around zero but i guess today with asian market closed also the jpy got up alike...
Quoting Marz30
{quote} I would like to know as well. +150 pips in a few hours? i still avoid this pair because of the margin requirements
USD has been weak since the attack on the embassy
in wondering about yourself, you forgot what you came here to be part of
Quoting ChiForex
{quote} Target met, standing aside for now. Will turn to sell according to 2020 January candle open
Looking at market price action..Now you can better understand WHY I said will wait for January candle...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Happy new year think about 2020 for uk in terms of tourist . You have to think between the lines . Good money i made on longs
Quoting Coreg2004
...and I am done for today.{image} DX chart {image} Enjoy your day everyone...
wait for reversal signal...don't rush.
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Always trade your own plan
Quoting Mtsai
Haibo what's happening with GU
Very Very Thin Volume.
Looks like we will open on Thursday with a 100+ pips gap on short..I'm worried because I was still holding a long I'm pretty sure it'll be on major minus
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I did say Buy a day ago for 1 reason. There was space through this zone caused by price action on the last bearish move.

There was No Resistance - No Orders - No Liquidity

It had to run to the top for Liquidity, always follow the previous action looking for SPACE
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Trading thin liquidity at the boundary of the charts
Quoting Never
3200 is the upside target maybe Monday {image}
I told this the trend line around 3200
Invariably, one can avoid losses by not doing counter trend trading.

Trend ? Look at hourly, 4hr and Daily trend.

Signal ? It comes in London session or NY session. Mostly in London session.

Most would have lost money, ( Includes me ) trying to catch top yesterday.
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Intra day only.
Quoting navk
Invariably, one can avoid losses by not doing counter trend trading. Trend ? Look at hourly, 4hr and Daily trend. Signal ? It comes in London session or NY session. Mostly in London session. Most would have lost money, ( Includes me ) trying to catch top yesterday. {image}
hi, what does blue/red lines indicate in your chart?
Quoting krst8
{quote} hi, what does blue/red lines indicate in your chart?
those are repainting ones.

But you can use TMA or any other bands ... price dips below bands in a rising trend is buy opportunity
Intra day only.
we see 1.33 and more bollinger daily and so on.we are near.need time to wait short.but all is very ovebought.extremaly.
i think we dropped like stone so this is reaction refill this drop.last candle changed daily trend daily trend now bull
1.33 1.33700 we see
gbpaud, I'm in a long position. 1.88418
it will probably continue to rise.
Short to 1.2680 - 1.2588......we will see.
Quoting Never
{quote} I told this the trend line around 3200
Hi RickM, Can you explain what you mean? I don't understand what you're referring to.

Do you see a short coming?
Quoting addie31
{quote} Hi RickM, Can you explain what you mean? I don't understand what you're referring to. Do you see a short coming?
Hi Addie31

Do I see a short coming, short term NO. There were two Vacuums we had to watch, 1.3211 & 1.3261. I did say a few days make it was going to 1.32 from 1.30, that was just a general Buy Call.
So I am Buying to 1.3261

This week, 9 calls - worst call was 0.5 pip short of target ( it must be my lucky week )
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Trading thin liquidity at the boundary of the charts
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