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Cable Update (GBPUSD)

  • #508,001
  • Jan 9, 2020 2:19am Jan 9, 2020 2:19am
BOE Gov is speaking soon, maybe that's what the market is waiting for
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #508,002
  • Jan 9, 2020 2:25am Jan 9, 2020 2:25am
Quoting martinez1
BOE Gov is speaking soon, maybe that's what the market is waiting for
Waiting to go down... Lol....
  • #508,003
  • Edited 2:44am Jan 9, 2020 2:25am | Edited 2:44am
Quoting adrazz
Still looking for buys at 1.3000
why you are looking for long in a downtrend ?
wait for it whan trend is chang , don't forcast it .
i talking to myself also , as a Broken heart and pocket forecaster
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the after frankfurt open pattern strategy
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yes yes yes
  • #508,004
  • Jan 9, 2020 2:28am Jan 9, 2020 2:28am
checking usdx chart as usual & normal pa so far with all turmoils . so next medium reactions can be at 97.41/51 resistances , now also at resistance playing while supports 96.84 , take care
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #508,005
  • Jan 9, 2020 2:39am Jan 9, 2020 2:39am
Quoting knkie
{quote} agreed Guztro H1 finding support too I wont take any trades until the H4 mess is resolved !
Good plan
Pip Goes The Weasel
  • #508,006
  • Jan 9, 2020 2:42am Jan 9, 2020 2:42am
Iran to take harsher revenge soon..... here we go
I play the trade gamble to feed my Porsche addiction.
  • #508,007
  • Jan 9, 2020 2:42am Jan 9, 2020 2:42am
It's like we've got our bear support at 3105 on M5 (thanks Nala66). Are we expecting any tweets from Presido today otherwise it is bon voyage on our bearish run.

Interestingly, M15, H1 and H4 are already in the mood
  • #508,008
  • Jan 9, 2020 2:50am Jan 9, 2020 2:50am
Quoting Theoak
{quote} 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
+ 30 pips
had 3 lots on out at target
Don't trade what you think. Just what you see!!!
  • #508,009
  • Jan 9, 2020 2:59am Jan 9, 2020 2:59am
Almost zero draw-down today,still short
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Watch me trade Live on YouTube
  • #508,010
  • Jan 9, 2020 3:08am Jan 9, 2020 3:08am
Quoting M3csl
Iran to take harsher revenge soon..... here we go
https://www.reuters.com/article/us-i...-idUSKBN1Z80W2

https://www.reuters.com/article/us-i...-idUSKBN1Z616W


Yes M3csl, here we go again... In all fairness, if this blows up into a full blown war, Iran will only have themselves to blame. Trump was clear yesterday that the US would rather not resort to war, and the US has not yet shown their hand, I suspect it's a very strong hand.
Charts don't drive price, market conditions drive price...
  • #508,011
  • Jan 9, 2020 3:12am Jan 9, 2020 3:12am
Quoting Guztro
{quote} https://www.reuters.com/article/us-i...-idUSKBN1Z80W2 Yes M3csl, here we go again... In all fairness, if this blows up into a full blown war, Iran will only have themselves to blame. Trump was clear yesterday that the US would rather not resort to war, and the US has not yet shown their hand, I suspect it's a very strong hand.
i think everyone is missing the elephant in the room:
Iran shot down the Ukranian Airline, by accident perhaps, but there were 68 Canadians on there and Trudeau is pissed.

Canada might go to war before the US
in wondering about yourself, you forgot what you came here to be part of
  • #508,012
  • Jan 9, 2020 3:17am Jan 9, 2020 3:17am
Quoting knkie
{quote} i think everyone is missing the elephant in the room: Iran shot down the Ukranian Airline, by accident perhaps, but there were 68 Canadians on there and Trudeau is pissed. Canada might go to war before the US
Being on the sidelines when things are like this is best, PA is dead in the water...
Charts don't drive price, market conditions drive price...
  • #508,013
  • Jan 9, 2020 3:25am Jan 9, 2020 3:25am
hit me baby one more time
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yes yes yes
  • #508,014
  • Jan 9, 2020 3:26am Jan 9, 2020 3:26am
Rejection or retest? Mr Mark Carney to talk in 5 minutes. There must be a trade here.
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Gone to a better place
  • #508,015
  • Jan 9, 2020 3:28am Jan 9, 2020 3:28am
There are chances it returns to 1.3100 before it heads downwards again. Or would Carney's speech dip this more?!
Risk Management is of utmost importance!
  • #508,016
  • Jan 9, 2020 3:39am Jan 9, 2020 3:39am
If it breaks 1.3061 then we're headed down. Otherwise (per daily chart), this can still move to 1.3350-80
Lost....
  • #508,017
  • Jan 9, 2020 3:39am Jan 9, 2020 3:39am
short in at 1.3076 target 3054
Don't trade what you think. Just what you see!!!
  • #508,018
  • Jan 9, 2020 3:41am Jan 9, 2020 3:41am
Quoting Theoak
short in at 1.3076 target 3054
i'll take that 15 pips !!!!!!
Don't trade what you think. Just what you see!!!
  • #508,019
  • Jan 9, 2020 3:44am Jan 9, 2020 3:44am
Quoting gespiri
If it breaks 1.3061 then we're headed down. Otherwise (per daily chart), this can still move to 1.3350-80
It has the makings of a typical stop hunt...
Charts don't drive price, market conditions drive price...
  • #508,020
  • Jan 9, 2020 3:47am Jan 9, 2020 3:47am
looks like a down trend is getting established on higher TF, going to add in more shorts on pull backs.
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