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Cable Update (GBPUSD)

  • #508,261
  • Jan 13, 2020 12:31am Jan 13, 2020 12:31am
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  • #508,262
  • Jan 13, 2020 12:56am Jan 13, 2020 12:56am
Potential bear support printed on M5; meaning there is no let off for the bulls as yet. Will Frankfurt or London come to the rescue? We shall find out soon enough
  • #508,263
  • Jan 13, 2020 1:18am Jan 13, 2020 1:18am
PA is now at WS 38 pivot (3017) and flanked by old H1 average swing hi's at 3023 and 3012. So we're witnessing the first real battle of the day. Whoever wins it will set the tone for this morning's trade. The momentum is still with the bears but we wait and see
  • #508,264
  • Jan 13, 2020 1:38am Jan 13, 2020 1:38am
Quoting Tekin
{quote} weekend positions were open and now i am waiting gbpusd at red area to buy for 1.3054

ok i quit shorts at 1.3005
  • #508,265
  • Jan 13, 2020 1:39am Jan 13, 2020 1:39am
Another new week, another indecision fight between Bears and Bulls

Good luck for all the Cable traders!
  • #508,266
  • Edited 2:04am Jan 13, 2020 1:49am | Edited 2:04am
Long at 1.30000
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yes yes yes
  • #508,267
  • Jan 13, 2020 1:49am Jan 13, 2020 1:49am
Quoting Bydyke
PA is now at WS 38 pivot (3017) and flanked by old H1 average swing hi's at 3023 and 3012. So we're witnessing the first real battle of the day. Whoever wins it will set the tone for this morning's trade. The momentum is still with the bears but we wait and see
more bears power please
just for a cup of coffee...
  • #508,268
  • Jan 13, 2020 2:13am Jan 13, 2020 2:13am
Quoting akim0895
{quote} more bears power please

The bulls have now responded. They were looking dead and buried almost. It is not yet eureka for them but PA is operating at below the low i-regr band on M30 and so there ought to be a very strong response from the bulls at any moment from now.
  • #508,269
  • Jan 13, 2020 2:14am Jan 13, 2020 2:14am
good morning
GBPUSD is finally out its sideways rutt.

SELL
1.2997

im gonna try a big target today. 70 pips.
in wondering about yourself, you forgot what you came here to be part of
  • #508,270
  • Jan 13, 2020 2:17am Jan 13, 2020 2:17am
Quoting Bydyke
{quote} The bulls have now responded. They were looking dead and buried almost. It is not yet eureka for them but PA is operating at below the low i-regr band on M30 and so there ought to be a very strong response from the bulls at any moment from now.
you may want to re-evaluate that
in wondering about yourself, you forgot what you came here to be part of
  • #508,271
  • Jan 13, 2020 2:18am Jan 13, 2020 2:18am
Quoting knkie
{quote} you may want to re-evaluate that

Yes, we might be seeing 2959 soon with the feeble response the bulls are posting
  • #508,272
  • Jan 13, 2020 2:21am Jan 13, 2020 2:21am
Quoting knkie
good morning GBPUSD is finally out its sideways rutt. SELL 1.2997 im gonna try a big target today. 70 pips.
Strong support at 1.2960 knkie, so I don't think your 70 pip target will hit, at least not today. I re-adjusted my sell TP to 1.2960
Charts don't drive price, market conditions drive price...
  • #508,273
  • Jan 13, 2020 2:24am Jan 13, 2020 2:24am
Quoting knkie
good morning GBPUSD is finally out its sideways rutt. SELL 1.2997 im gonna try a big target today. 70 pips.
I'm waiting for GU to hit just below 960 for a buy opportunity, close stops with high targets. Good luck brother.
Do or do not, there is no try - Master Yoda
  • #508,274
  • Jan 13, 2020 2:33am Jan 13, 2020 2:33am
Quoting Guztro
{quote} Strong support at 1.2960 knkie, so I don't think your 70 pip target will hit, at least not today. I re-adjusted my sell TP to 1.2960
The bears were able to carve out another bear support at M5 when the bulls pushed up to 3007. And with Auto pivot S3 at 2983 looking unlikely to stop the bears. Knkie's target is feasible
  • #508,275
  • Jan 13, 2020 2:38am Jan 13, 2020 2:38am
Quoting Tekin
{quote} Just patience my yesterdays sell stops are at 1.31 anymore and waiting for my todays targets 1.2995 and 1.2960

crazy horse are you willing to to be at 1.2960. i am also waiting you at there too
  • #508,276
  • Jan 13, 2020 2:48am Jan 13, 2020 2:48am
Quoting Bydyke
{quote} The bears were able to carve out another bear support at M5 when the bulls pushed up to 3007. And with Auto pivot S3 at 2983 looking unlikely to stop the bears. Knkie's target is feasible
It will get there, but not before a bullish retrace first.
Charts don't drive price, market conditions drive price...
  • #508,277
  • Jan 13, 2020 2:52am Jan 13, 2020 2:52am
Quoting knkie
good morning GBPUSD is finally out its sideways rutt. SELL 1.2997 im gonna try a big target today. 70 pips.
my Sell Stop Touch 1.30198 TP 1.29448, lot 0.01
  • #508,278
  • Jan 13, 2020 3:02am Jan 13, 2020 3:02am
GBPUSD
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Lord Forex
  • #508,279
  • Jan 13, 2020 3:03am Jan 13, 2020 3:03am
pattern AB=CD completed, time frame H4
I did not like where the candle of the week is.. very risky, better wait for the closing of the day
  • #508,280
  • Jan 13, 2020 3:03am Jan 13, 2020 3:03am
looks like bulls are taking over...
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