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Cable Update (GBPUSD)

  • #507,981
  • Jan 8, 2020 1:09pm Jan 8, 2020 1:09pm
Quoting knkie
yeah now there is down pressure SELL 3102 25 pip target
Careful knkie, the bulls are wrestling for control of the H4.
Charts don't drive price, market conditions drive price...
  • #507,982
  • Jan 8, 2020 1:36pm Jan 8, 2020 1:36pm
i am out .
gain only 25 pips from all the movement today
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 25 KB
yes yes yes
  • #507,983
  • Jan 8, 2020 1:47pm Jan 8, 2020 1:47pm
Quoting Moty
i am out . gain only 25 pips from all the movement today {image}
The bright side of this is that you had a positive trading session.
Risk Management is of utmost importance!
  • #507,984
  • Jan 8, 2020 1:48pm Jan 8, 2020 1:48pm
Go up! Ready
I play the trade gamble to feed my Porsche addiction.
  • #507,985
  • Jan 8, 2020 2:15pm Jan 8, 2020 2:15pm
Quoting Guztro
{quote} 42 pips , your exit was a good call.
Thank you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #507,986
  • Jan 8, 2020 3:49pm Jan 8, 2020 3:49pm
I wouldn't be surprised if we break this resistance and soon be above 1.34
  • #507,987
  • Jan 8, 2020 11:44pm Jan 8, 2020 11:44pm
still i am holding my longs, opened in NY session close.
Intraday only.
  • #507,988
  • Jan 9, 2020 12:11am Jan 9, 2020 12:11am
Quoting navk
still i am holding my longs, opened in NY session close.
Hi Nav,

With you on that.. It's Thursday and it's reversal day I would like to think?
If things goes right, my first target would be 1.3512 then second 1.4349

Let's see how far this goes..
Stay Well
  • #507,989
  • Jan 9, 2020 12:14am Jan 9, 2020 12:14am
Now that PA has got to Aki's upper EMA 5 band on H4 (3122) or indeed H4 average (3120), the descent can now start.

It's like GU will behave better today as it is setting the tone early. If the bulls surmount 3122, we are up but fail and we are south-bound.
Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 0901.png Size: 23 KB
  • #507,990
  • Jan 9, 2020 12:27am Jan 9, 2020 12:27am
sticky....waiting for a clue...
Attached Image (click to enlarge)
Click to Enlarge Name: bp.png Size: 75 KB
Look Sharp/Trade Tight
  • #507,991
  • Edited 12:55am Jan 9, 2020 12:28am | Edited 12:55am
again short .
sl above weekly pivot 1.31400
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eg.png Size: 26 KB
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Click to Enlarge Name: gu15.png Size: 37 KB
yes yes yes
  • #507,992
  • Jan 9, 2020 12:40am Jan 9, 2020 12:40am
Quoting PayTheLimit
sticky....waiting for a clue... {image}

The picture will become clearer at the close of H4 and that will be in London session.

Meanwhile, I have shorted at 3120 for the 10 pips that Aki's band is guaranteeing.

Correction: the lower band is at 3100 and so, the target is 20 pips and not 10 pips. We've already done 10 pips
  • #507,993
  • Jan 9, 2020 12:53am Jan 9, 2020 12:53am
Going to look for shorts on pullbacks, i think 1.3050 level will be tested today
  • #507,994
  • Jan 9, 2020 1:11am Jan 9, 2020 1:11am
Quoting Han2019
Going to look for shorts on pullbacks, i think 1.3050 level will be tested today
yes my friend .
The triangle is already broken down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GUh1.png Size: 27 KB
Click to Enlarge Name: gu15.png Size: 29 KB
yes yes yes
  • #507,995
  • Jan 9, 2020 1:19am Jan 9, 2020 1:19am
short 1.3108 target 1.3093
Don't trade what you think. Just what you see!!!
  • #507,996
  • Jan 9, 2020 1:34am Jan 9, 2020 1:34am
Still looking for buys at 1.3000
Pip Goes The Weasel
  • #507,997
  • Jan 9, 2020 1:42am Jan 9, 2020 1:42am
Quoting Guztro
{quote} Careful knkie, the bulls are wrestling for control of the H4.
agreed Guztro
H1 finding support too

I wont take any trades until the H4 mess is resolved !
in wondering about yourself, you forgot what you came here to be part of
  • #507,998
  • Jan 9, 2020 2:09am Jan 9, 2020 2:09am
Quoting Bydyke
{quote} The picture will become clearer at the close of H4 and that will be in London session. Meanwhile, I have shorted at 3120 for the 10 pips that Aki's band is guaranteeing. Correction: the lower band is at 3100 and so, the target is 20 pips and not 10 pips. We've already done 10 pips
Exited at 3095. Thanks Aki.

Now let's see what happens from here. It's like the bears mean business
  • #507,999
  • Jan 9, 2020 2:10am Jan 9, 2020 2:10am
Quoting Theoak
short 1.3108 target 1.3093
Hit target taken profit

See what happen here now!!! From experience this will motor down,
Don't trade what you think. Just what you see!!!
  • #508,000
  • Jan 9, 2020 2:17am Jan 9, 2020 2:17am
Quoting Theoak
{quote} Hit target taken profit See what happen here now!!! From experience this will motor down,
This has retraced -

I'm going short again in at 1.3101 - First target the previous 5 min lows (1.3092)

2nd entry 1.3104
Don't trade what you think. Just what you see!!!
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