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Cable Update (GBPUSD)

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  • Post #507,381
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  • Dec 31, 2019 12:07pm Dec 31, 2019 12:07pm
  •  knkie
  • Joined Apr 2012 | Status: Member | 6,017 Posts
Quoting Marz30
Disliked
{quote} I would like to know as well. +150 pips in a few hours? i still avoid this pair because of the margin requirements
Ignored
USD has been weak since the attack on the embassy
in wondering about yourself, you forgot what you came here to be part of
 
1
  • Post #507,382
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  • Dec 31, 2019 12:13pm Dec 31, 2019 12:13pm
  •  ChiForex
  • Joined Jan 2019 | Status: Member | 1,046 Posts
Quoting ChiForex
Disliked
{quote} Target met, standing aside for now. Will turn to sell according to 2020 January candle open
Ignored
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
 
 
  • Post #507,383
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  • Dec 31, 2019 12:36pm Dec 31, 2019 12:36pm
  •  greengp
  • Joined Oct 2017 | Status: Member | 3,500 Posts
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
 
 
  • Post #507,384
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  • Dec 31, 2019 1:08pm Dec 31, 2019 1:08pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 3,106 Posts
Quoting Coreg2004
Disliked
...and I am done for today.{image} DX chart {image} Enjoy your day everyone...
Ignored
wait for reversal signal...don't rush.
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Always trade your own plan...I don't provide trading signals.
 
1
  • Post #507,385
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  • Dec 31, 2019 1:18pm Dec 31, 2019 1:18pm
  •  Dr.Zain
  • Joined Sep 2008 | Status: Member | 2,408 Posts
Quoting Mtsai
Disliked
Haibo what's happening with GU
Ignored
Very Very Thin Volume.
 
 
  • Post #507,386
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  • Edited 2:19pm Dec 31, 2019 2:06pm | Edited 2:19pm
  •  Mtsai
  • | Joined Dec 2018 | Status: Member | 30 Posts
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
 
 
  • Post #507,387
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  • Dec 31, 2019 2:25pm Dec 31, 2019 2:25pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 23,972 Posts
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  • Post #507,388
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  • Dec 31, 2019 9:14pm Dec 31, 2019 9:14pm
  •  RickM
  • Joined Sep 2015 | Status: Member | 2,142 Posts | Online Now
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
 
2
  • Post #507,389
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  • Dec 31, 2019 11:31pm Dec 31, 2019 11:31pm
  •  Never
  • | Commercial Member | Joined May 2019 | 1,114 Posts
Quoting Never
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3200 is the upside target maybe Monday {image}
Ignored
I told this the trend line around 3200
 
 
  • Post #507,390
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  • Dec 31, 2019 11:59pm Dec 31, 2019 11:59pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts
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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Intraday only.
 
 
  • Post #507,391
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  • Jan 1, 2020 1:58am Jan 1, 2020 1:58am
  •  krst8
  • | Joined Nov 2019 | Status: Member | 532 Posts
Quoting navk
Disliked
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}
Ignored
hi, what does blue/red lines indicate in your chart?
 
 
  • Post #507,392
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  • Jan 1, 2020 2:35am Jan 1, 2020 2:35am
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts
Quoting krst8
Disliked
{quote} hi, what does blue/red lines indicate in your chart?
Ignored
those are repainting ones.

But you can use TMA or any other bands ... price dips below bands in a rising trend is buy opportunity
Intraday only.
 
1
  • Post #507,393
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  • Jan 1, 2020 11:01am Jan 1, 2020 11:01am
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
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.
 
 
  • Post #507,394
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  • Jan 1, 2020 11:12am Jan 1, 2020 11:12am
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
i think we dropped like stone so this is reaction refill this drop.last candle changed daily trend daily trend now bull
 
 
  • Post #507,395
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  • Jan 1, 2020 11:30am Jan 1, 2020 11:30am
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
1.33 1.33700 we see
 
 
  • Post #507,396
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  • Jan 1, 2020 1:01pm Jan 1, 2020 1:01pm
  •  tiborf71
  • Joined Apr 2011 | Status: survivor | 3,659 Posts
gbpaud, I'm in a long position. 1.88418
it will probably continue to rise.
 
 
  • Post #507,397
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  • Jan 1, 2020 5:15pm Jan 1, 2020 5:15pm
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,353 Posts
Short to 1.2680 - 1.2588......we will see.
Lost....
 
 
  • Post #507,398
  • Quote
  • Jan 1, 2020 5:36pm Jan 1, 2020 5:36pm
  •  addie31
  • | Joined May 2019 | Status: Member | 12 Posts
Quoting Never
Disliked
{quote} I told this the trend line around 3200
Ignored
Hi RickM, Can you explain what you mean? I don't understand what you're referring to.

Do you see a short coming?
 
 
  • Post #507,399
  • Quote
  • Edited 7:19pm Jan 1, 2020 7:08pm | Edited 7:19pm
  •  RickM
  • Joined Sep 2015 | Status: Member | 2,142 Posts | Online Now
Quoting addie31
Disliked
{quote} Hi RickM, Can you explain what you mean? I don't understand what you're referring to. Do you see a short coming?
Ignored
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
 
2
  • Post #507,400
  • Quote
  • Jan 1, 2020 10:22pm Jan 1, 2020 10:22pm
  •  zoolc
  • Joined May 2011 | Status: Javanist Member | 178 Posts
Quoting Tarikm
Disliked
{quote} I really like your trading style please explain how you choose your entry it seem you know always the direction and you trade big lots with small account very interesting
Ignored
Not so...
Sometime i trade in wrong direction too
We can learn from everyone here
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