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Cable Update (GBPUSD)

  • #508,561
  • Jan 14, 2020 11:06am Jan 14, 2020 11:06am
TP all longs at 1.3015, will see what happens tomorrow and get in again.
  • #508,562
  • Jan 14, 2020 11:22am Jan 14, 2020 11:22am
Let them go up again on long i mean bull
  • #508,563
  • Jan 14, 2020 11:56am Jan 14, 2020 11:56am
Quoting greengp
Let them go up again on long i mean bull
no reason for gbp bull
  • #508,564
  • Jan 14, 2020 12:04pm Jan 14, 2020 12:04pm
Quoting yenyen
see you at 1.3080 1.3130 1.3380

bipolar disorder?
  • #508,565
  • Jan 14, 2020 12:06pm Jan 14, 2020 12:06pm
Quoting vikinsa
GBPUSD rising from Bat Pattern completion as expected. I am long until 38.2 level i.e. 1.30780 https://www.tradingview.com/x/Iu0V0ESK/ {image} https://www.youtube.com/watch?v=btYf9Dwdr84
My GBPUSD long going well after a successful short. Fibonacci confluence and harmonic patterns at their best

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Technical Analyst & Trader @ Vikinsa
  • #508,566
  • Jan 14, 2020 12:13pm Jan 14, 2020 12:13pm
Quoting Moty
{quote} IT BASE ALSO ON THIS {image}
moty i closed my longs.....now i buy dips....
Extreme gut feeling trader
  • #508,567
  • Jan 14, 2020 12:14pm Jan 14, 2020 12:14pm
gave back 83% of this weeks profits. I blame poor sleep = poor judgement. Sidelines for now until I have proper sleep

Happy trading all.
  • #508,568
  • Jan 14, 2020 12:24pm Jan 14, 2020 12:24pm
My long trade will close on 75 pips, currently 15 away from my 1.3044 target, I'll end up 8 pips short on this move as I entered 8 pips early yesterday.

Guz
Charts don't drive price, market conditions drive price...
  • #508,569
  • Jan 14, 2020 12:25pm Jan 14, 2020 12:25pm
Quoting Tekin
{quote} Not only boring also deciding day İf the day closes below this level target are highlited below {image}

ok thats enough for today closed buys at 1.30299
  • #508,570
  • Jan 14, 2020 12:25pm Jan 14, 2020 12:25pm
Quoting Ra.
gave back 83% of this weeks profits. I blame poor sleep = poor judgement. Sidelines for now until I have proper sleep Happy trading all.
We all win some and loose some. Get some rest, tomorrow is another day.

Guz
Charts don't drive price, market conditions drive price...
  • #508,571
  • Jan 14, 2020 12:30pm Jan 14, 2020 12:30pm
Quoting montygoldy
{quote} moty i closed my longs.....now i buy dips....
........just kidding montgoldy, nicely done I know you trade heavy.
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Always trade your own plan...I don't provide trading signals.
  • #508,572
  • Jan 14, 2020 12:31pm Jan 14, 2020 12:31pm
so Obviouse
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yes yes yes
  • #508,573
  • Jan 14, 2020 12:47pm Jan 14, 2020 12:47pm
Not bad, rejection at top and now at support to test, more volalitties for sure. May breaks down to 96.90/80 to good react but already a double top may risk any easy bull further. So better react at this support to top again /retest. . Lets see.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #508,574
  • Jan 14, 2020 2:05pm Jan 14, 2020 2:05pm
Might regret this, but the shorts looks so tempting, opened small short position at 1.3026, lets see where this goes...
  • #508,575
  • Jan 14, 2020 2:22pm Jan 14, 2020 2:22pm
Quoting Guztro
{quote} We all win some and loose some. Get some rest, tomorrow is another day. Guz
Thanks Guz, yeah part of the game, I feel I get better each week, so it's still a win for me .

Being on the West Coast... and in Mexico. I've been getting crap sleep. last two days I wake up at 1:30am.... I go to bed at 9pm for NY session. This has happened in the past, and it leads to poor decisions... but I can't wait til i'm in the East, reasonable times for London/NY.
  • #508,576
  • Edited 3:12pm Jan 14, 2020 2:54pm | Edited 3:12pm
Quoting Han2019
Might regret this, but the shorts looks so tempting, opened small short position at 1.3026, lets see where this goes...
there is the gap above close of 30 pips. However, on sunday open it never made any attempt to close it at all basically... lets see if will be a trap or a sign of a downtrend... whit that said i mean why did we have such a large gap? Yes, for sure iran/irak situation getting calm did help, but there is also the discussions regarding interest rate cuts last week. If this move was anticipated during the weekend by the big players, why then go up to close it right now?

tomorrow bank of england speach, and any possible indications of interest rate cuts or not by the end of the month maybe to be given. Can be a strange end of month, brexit comming but sametime the market waiting for interest rate cuts or not...
  • #508,577
  • Jan 14, 2020 3:00pm Jan 14, 2020 3:00pm
Quoting krst8
{quote} there is the gap above close of 30 pips. However, on sunday open it never made any atempt at all to close it at all basically... lets see id this will be a trap or a sign of a downtrend...
not all gap will be close..
  • #508,578
  • Jan 14, 2020 3:11pm Jan 14, 2020 3:11pm
Quoting zauha4
{quote} not all gap will be close..
I Share that possibility!
  • #508,579
  • Edited 5:52pm Jan 14, 2020 5:36pm | Edited 5:52pm
Thats way Im long. USDX rejected by fibo 50 on daily and H4 fibo 78.6. There are a lot of PA and MA 200 touched nail of candle. Back to BASIC..
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  • #508,580
  • Jan 14, 2020 5:56pm Jan 14, 2020 5:56pm
Quoting b_hand
Thats way Im long. USDX rejected by fibo 50 on daily and H4 fibo 78.6. There are a lot of PA and MA 200 touched nail of candle. Back to BASIC.. {image}{image}

Your chart looks crazy, how do you read all that and what is going on?
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