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Cable Update (GBPUSD)

  • #508,041
  • Jan 9, 2020 4:27am Jan 9, 2020 4:27am
Quoting Coreg2004
{quote} Pumi, yes, it is possible GU might make another leg up... I changed my labeling after the 6th day of correction (AB) which matches 0A retracement in time, also 6 days (agreement with the guidelines)...It's the market, every option is always on the table until the pattern becomes clear... {image} {image}
...
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Always trade your own plan...I don't provide trading signals.
  • #508,042
  • Jan 9, 2020 4:30am Jan 9, 2020 4:30am
Some nice pips there for the bears , I'm on the sidelines watching this commotion . Price seems to have found some support now.
Charts don't drive price, market conditions drive price...
  • #508,043
  • Jan 9, 2020 4:33am Jan 9, 2020 4:33am
Quoting Coreg2004
{quote} ... {image} {image}
Nice Coreg2004, I'm a lazy EW trader, don't have the marking discipline you have...well done.
Charts don't drive price, market conditions drive price...
  • #508,044
  • Jan 9, 2020 4:36am Jan 9, 2020 4:36am
#GBPUSD / H4
Attached Image (click to enlarge)
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  • #508,045
  • Jan 9, 2020 4:38am Jan 9, 2020 4:38am
eur/gbp at ressistence
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yes yes yes
  • #508,046
  • Jan 9, 2020 4:40am Jan 9, 2020 4:40am
Quoting Ayax.TSS
#GBPUSD / H4 {image}
Ayax.TSS, like with Coreg2004 and others, we need to see more of this in 2020, thank you.

Guz
Charts don't drive price, market conditions drive price...
  • #508,047
  • Jan 9, 2020 4:47am Jan 9, 2020 4:47am
Quoting Guztro
{quote} Nice Coreg2004, I'm a lazy EW trader, don't have the marking discipline you have...well done.
Thanks, Guztro, I don't want to mess up my intraday chart so I use investing.com chart for my daily EW markings.
Always trade your own plan...I don't provide trading signals.
  • #508,048
  • Jan 9, 2020 4:49am Jan 9, 2020 4:49am
Quoting Coreg2004
{quote} Thanks, Guztro, I don't want to mess up my intraday chart so I use investing.com chart for my daily EW markings.
Thanks for the tip, I'm on investing.com too. I might just make better EW markups a new years resolution!
Charts don't drive price, market conditions drive price...
  • #508,049
  • Jan 9, 2020 4:59am Jan 9, 2020 4:59am
Nice drop, lets see if we can go towards 2880 after good US data tomorrow. US dollar still has 200+- pips to go north.
Everyone can see the chart, but only a few can actually read it.
  • #508,050
  • Jan 9, 2020 5:19am Jan 9, 2020 5:19am
Quoting msniper
that's my plan {image}
Hi MSniper, I think your count is incorrect.....the end of wave 4 should not exceed the end of wave 1.
Lost....
  • #508,051
  • Jan 9, 2020 5:30am Jan 9, 2020 5:30am
Quoting Theoak
{quote} The force is too much for any retrace. As promised short (broke the 3025 area). Lets see what we get!!!! In at 1.3022 sl at 1.3065
motor down now
Don't trade what you think. Just what you see!!!
  • #508,052
  • Jan 9, 2020 5:41am Jan 9, 2020 5:41am
Switch to short , took a lose of 30$
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yes yes yes
  • #508,053
  • Jan 9, 2020 6:06am Jan 9, 2020 6:06am
Switch to long , took a lose of 15$
Attached Image (click to enlarge)
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yes yes yes
  • #508,054
  • Jan 9, 2020 6:06am Jan 9, 2020 6:06am
Quoting gespiri
{quote} Hi MSniper, I think your count is incorrect.....the end of wave 4 should not exceed the end of wave 1.
You Elliotts crack me up.


As if the thievin lying banksters care about your waves .
Stops at 2970. Boom.
Target . Done
Beware of robber banks (RB), bad advisors.
  • #508,055
  • Jan 9, 2020 6:07am Jan 9, 2020 6:07am
[quote=Not-KPMG;12695124]{quote} You Elliotts crack me up.
Beware of robber banks (RB), bad advisors.
  • #508,056
  • Jan 9, 2020 6:08am Jan 9, 2020 6:08am
Quoting Henryk
Time to go down. On H1 was create inverted hammer.
I said it. :-)
  • #508,057
  • Jan 9, 2020 6:15am Jan 9, 2020 6:15am
NOW BUU 1.30254
  • #508,058
  • Jan 9, 2020 6:20am Jan 9, 2020 6:20am
Quoting Moty
Switch to long , took a lose of 15$ {image}
playing catching there mate..?
take care...
just for a cup of coffee...
  • #508,059
  • Jan 9, 2020 6:22am Jan 9, 2020 6:22am
Quoting Moty
Switch to long , took a lose of 15$ {image}

why long now ?
Keep the Lights on then you can catch the rise from the dark.
  • #508,060
  • Jan 9, 2020 6:23am Jan 9, 2020 6:23am
I am thinking there could be another leg down when NY open, gonna add in some shorts around 1.3050, will see what happens
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