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Cable Update (GBPUSD)

  • #507,401
  • Jan 1, 2020 10:56pm Jan 1, 2020 10:56pm
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yes yes yes
  • #507,402
  • Jan 1, 2020 11:24pm Jan 1, 2020 11:24pm
will it break 1.3205 or not lets see
  • #507,403
  • Jan 2, 2020 12:59am Jan 2, 2020 12:59am
Quoting Tekin
will it break 1.3205 or not lets see
Be nice for my account as have some sell orders in place....LOL
Don't Leave Money on the Table
  • #507,404
  • Jan 2, 2020 1:12am Jan 2, 2020 1:12am
pending 3229 to close the gap
in wondering about yourself, you forgot what you came here to be part of
  • #507,405
  • Jan 2, 2020 1:12am Jan 2, 2020 1:12am
Good morning guys. What a beautiful place to buy again hope u dont get fooled buy the small retracement
  • #507,406
  • Jan 2, 2020 1:19am Jan 2, 2020 1:19am
Quoting knkie
pending 3229 to close the gap
What gap is that??
Don't Leave Money on the Table
  • #507,407
  • Jan 2, 2020 1:24am Jan 2, 2020 1:24am
Quoting knkie
pending 3229 to close the gap
There isn't gap in mt trading platform!!!!
  • #507,408
  • Jan 2, 2020 1:26am Jan 2, 2020 1:26am
Quoting Dr.Zain
{quote} There isn't gap in mt trading platform!!!!
That's why I'm asking....

There might be nothing in this but we know how sensitive cable is to any negative news...and right now 4hr could be going lower, but do own analysis...

https://www.forexlive.com/technical-...pound-20200102
Don't Leave Money on the Table
  • #507,409
  • Jan 2, 2020 1:47am Jan 2, 2020 1:47am
Quoting HaLBot
{quote} Be nice for my account as have some sell orders in place....LOL

last down movement fibo 61.8 sits at 1.3227 and last up move fibo 161 sits at 1.3205 nothing clear yet but i have some sell trades at the moment stop is 1.3257. no insisting
  • #507,410
  • Jan 2, 2020 1:49am Jan 2, 2020 1:49am
Quoting Tekin
{quote} last down movement fibo 61.8 sits at 1.3227 and last up move fibo 161 sits at 1.3205 nothing clear yet but i have some sell trades at the moment stop is 1.3257. no insisting
New year new strategy i will not use real stops i will use hedging
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  • #507,411
  • Jan 2, 2020 1:56am Jan 2, 2020 1:56am
Quoting Tekin
{quote} New year new strategy i will not use real stops i will use hedging {image}

Using hedge should be used efficiently. Because you pay double spread, and double daily swap if you hedge for too long, you'll lose money overall
COT: The precious data ignored
  • #507,412
  • Jan 2, 2020 2:05am Jan 2, 2020 2:05am
Quoting HaLBot
{quote} That's why I'm asking.... There might be nothing in this but we know how sensitive cable is to any negative news...and right now 4hr could be going lower, but do own analysis... https://www.forexlive.com/technical-...pound-20200102
hi Hal & others:
i have a gap on M5 see the chart i posted.
this may be a broker issue though or have to do with early closing on new years eve...

hope i did not confuse anyone.
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in wondering about yourself, you forgot what you came here to be part of
  • #507,413
  • Jan 2, 2020 2:11am Jan 2, 2020 2:11am
Quoting knkie
{quote} hi Hal & others: i have a gap on M5 see the chart i posted. this may be a broker issue though or have to do with early closing on new years eve... hope i did not confuse anyone. {image}
Hi Knkie, thanks for the explanation Yeah some brokers don't have the gap, there's a number of traders here think were heading higher but I'm thinking could be a pullback to 3180 b4 more upside....could be wrong everyone so do own analysis.
Euro PMIs out soon so could set direction

Today I am biased to downside but need to be flexible if suddenly changes...
Don't Leave Money on the Table
  • #507,414
  • Jan 2, 2020 2:19am Jan 2, 2020 2:19am
Quoting HaLBot
{quote} Hi Knkie, thanks for the explanation Yeah some brokers don't have the gap, there's a number of traders here think were heading higher but I'm thinking could be a pullback to 3180 b4 more upside....could be wrong everyone so do own analysis. Euro PMIs out soon so could set direction Today I am biased to downside but need to be flexible if suddenly changes...
yeah its always strange when some have a gap and others dont.

As long as H4 & M30 are making Higher Lows im biased to the long side.
a correction could be in the cards as you are pointing out.....

trade safe hal !
in wondering about yourself, you forgot what you came here to be part of
  • #507,415
  • Jan 2, 2020 2:27am Jan 2, 2020 2:27am
Quoting knkie
{quote} yeah its always strange when some have a gap and others dont. As long as H4 & M30 are making Higher Lows im biased to the long side. a correction could be in the cards as you are pointing out..... trade safe hal !
Could have something to do with the type of broker you use, atm I'm using a marketmaker which does have some benefits and when price shot up after Tories won the election there was no gap....they do have monday opening gaps though...
Don't Leave Money on the Table
  • #507,416
  • Jan 2, 2020 2:32am Jan 2, 2020 2:32am
On tv here in Melbourne
This is hilarious a school to teach St Petersburg women how to snag a man. So if you a single guy in Europe head to St Petersburg and you'll end up having to beat em of with a stick...but what a problem heh...

'In School of Seduction, we follow the lives of three young women - Diana, Lida and Vika, who live in the metropolis of St. Petersburg and share a goal of finding a husband. But how do you find a man in a country where women by far outnumber men? Psychologist Vladimir Rakovsky has an easy solution. He is a tutor of his own school, and runs highly priced courses. We witness Rakovsky teaching Diana, Lida, and Vika together with a bunch of other young women how to seduce a man.'
Don't Leave Money on the Table
  • #507,417
  • Jan 2, 2020 2:33am Jan 2, 2020 2:33am
Quoting HaLBot
On tv here in Melbourne This is hilarious a school to teach St Petersburg women how to snag a man. So if you a single guy in Europe head to St Petersburg and you'll end up having to beat em of with a stick...but what a problem heh... 'In School of Seduction, we follow the lives of three young women - Diana, Lida and Vika, who live in the metropolis of St. Petersburg and share a goal of finding a husband. But how do you find a man in a country where women by far outnumber men? Psychologist Vladimir Rakovsky has an easy solution. He...
Melbourne.... I just remember Crown....
  • #507,418
  • Jan 2, 2020 2:33am Jan 2, 2020 2:33am
Quoting HaLBot
On tv here in Melbourne This is hilarious a school to teach St Petersburg women how to snag a man. So if you a single guy in Europe head to St Petersburg and you'll end up having to beat em of with a stick...but what a problem heh... 'In School of Seduction, we follow the lives of three young women - Diana, Lida and Vika, who live in the metropolis of St. Petersburg and share a goal of finding a husband. But how do you find a man in a country where women by far outnumber men? Psychologist Vladimir Rakovsky has an easy solution. He...
lol
awesome

probably russian agents for the next election though
in wondering about yourself, you forgot what you came here to be part of
  • #507,419
  • Jan 2, 2020 2:34am Jan 2, 2020 2:34am
Quoting kuroro001
{quote} Using hedge should be used efficiently. Because you pay double spread, and double daily swap if you hedge for too long, you'll lose money overall

agree but i will not keep hedged too much i will wait for my fibo levels and targets
  • #507,420
  • Jan 2, 2020 2:36am Jan 2, 2020 2:36am
just my two cents, not advice:
if price closes above 3226 on M5, price may 'jump' upward
in wondering about yourself, you forgot what you came here to be part of
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