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Cable Update (GBPUSD)

  • #508,981
  • Jan 17, 2020 4:21am Jan 17, 2020 4:21am
Quoting Moty
{quote} it will not get there {image}
got some shorts in already, so even if they don't fill, I won't feel that bad, you never know how far these moves can retrace.
  • #508,982
  • Jan 17, 2020 4:22am Jan 17, 2020 4:22am
Sold at 1.3060 tp 40 pips
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #508,983
  • Jan 17, 2020 4:25am Jan 17, 2020 4:25am
Quoting Almo2312
Sold at 1.3060 tp 40 pips
Just my opinion, I think the re-test of 1.3090 would have been a better short entry.
Charts don't drive price, market conditions drive price...
  • #508,984
  • Jan 17, 2020 4:27am Jan 17, 2020 4:27am
Quoting Moty
are you ready ? {image}
American datas expected bad so maybe it can drop a little around but bot sure to much maybe 20 pips more
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  • #508,985
  • Jan 17, 2020 4:31am Jan 17, 2020 4:31am
Quoting Tekin
{quote} American datas expected bad so maybe it can drop a little around but bot sure to much maybe 20 pips more {image}
Possibilities for bull or bear lowest 1.2990 and up 1.2979
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  • #508,986
  • Jan 17, 2020 4:38am Jan 17, 2020 4:38am
I believe reading from the posts...Everyone seems to be on the bearish side.
I my opinion in the mid term the market is bullish. I'm trading against this short term bearish trend!!! Lets see what happens!!!!!
Don't trade what you think. Just what you see!!!
  • #508,987
  • Jan 17, 2020 4:43am Jan 17, 2020 4:43am
Quoting Tekin
{quote} your sl is where to buy point i think. not judging but if you are working with weekly graph you dont need to put sl
The SL is below where supply zone is. In case it comes back into the zone. You always use stop loss. Especially on a long term trading.
  • #508,988
  • Edited 5:35am Jan 17, 2020 4:57am | Edited 5:35am
LONG 1.3045
TP 1.3075

Market will correct after overreaction to news. Already made my target but always want to make more money when I see it.

Edit: Still holding it but I was wrong haha
Do or do not, there is no try - Master Yoda
  • #508,989
  • Jan 17, 2020 5:12am Jan 17, 2020 5:12am
Not to risk too much i bought at 1.3040 tp 1.3073 stop 1.3020
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  • #508,990
  • Jan 17, 2020 5:17am Jan 17, 2020 5:17am
Quoting BenWarburton
LONG 1.3045 TP 1.375 Market will correct after overreaction to news. Already made my target but always want to make more money when I see it.
as a new trader myself...

you say that the market overreacted on the news (i agree huge fall) but you dont se the bullish move up there, especially in the morning hours frankfurt open from 3070 level to 3120 as an overaction? I more see a modest fall from 70 to 50 level.. but like your opinions!

i did not get the driving factor this morning else that people anticipated great news?!?

i am keeping shorts so it was a not nice moment this morning but still, i am looking for the 2850 level...
  • #508,991
  • Jan 17, 2020 5:20am Jan 17, 2020 5:20am
Just woke up with some green pips...pound hit my long target before reversing
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Extreme gut feeling trader
  • #508,992
  • Jan 17, 2020 5:21am Jan 17, 2020 5:21am
Quoting corongumet
Buy stop: 1.30910 Sl: 1.30614 Tp: 1.31146 Sell stop: 1.30614 Sl: 1.30910 Tp: 1.30378
Im out from market, see you next week

Buys tp, sell stop tp. Im out.. thanks for my god.
  • #508,993
  • Jan 17, 2020 5:23am Jan 17, 2020 5:23am
Quoting kuroro001
I'll keep short from 1.3114 & 1.3083 at BE. Its either big profits or nothing for the day Target 1.2930 still....or nothing for me!
still kepping shorts after this mornings party? If we dont break above end of day of 1.31 again to go bullish i see on the daily level that we may go into bear position. I am aiming at tp 2860, are you basing your Tp at 2930 of the old resistance level?
  • #508,994
  • Jan 17, 2020 5:26am Jan 17, 2020 5:26am
THE DROP IS HERE
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yes yes yes
  • #508,995
  • Jan 17, 2020 5:34am Jan 17, 2020 5:34am
Quoting Moty
THE DROP IS HERE {image} {image}
how about...
armageddon is here
just for a cup of coffee...
  • #508,996
  • Jan 17, 2020 5:40am Jan 17, 2020 5:40am
Quoting akim0895
{quote} how about... armageddon is here
Is it gonna retrace or dip down again?
  • #508,997
  • Jan 17, 2020 5:40am Jan 17, 2020 5:40am
Quoting krst8
{quote} as a new trader myself... you say that the market overreacted on the news (i agree huge fall) but you dont se the bullish move up there, especially in the morning hours frankfurt open from 3070 level to 3120 as an overaction? I more see a modest fall from 70 to 50 level.. but like your opinions! i did not get the driving factor this morning else that people anticipated great news?!? i am keeping shorts so it was a not nice moment this morning but still, i am looking for the 2850 level...
I tend to believe that after a big move, the price will return to original position. Fill the gap. But this time I was wrong. Im out of the trade but still in a positive daily profit. We're both new to this and I definitely still have a lot to learn.
Do or do not, there is no try - Master Yoda
  • #508,998
  • Jan 17, 2020 5:42am Jan 17, 2020 5:42am
Quoting stillbroke10
{quote} Is it gonna retrace or dip down again?
my 2 cents say keep on going..
also depend dxy there
almost testing previous high for 3rd time
i might be wrong too..
just for a cup of coffee...
  • #508,999
  • Jan 17, 2020 5:44am Jan 17, 2020 5:44am
Quoting krst8
{quote} still kepping shorts after this mornings party? If we dont break above end of day of 1.31 again to go bullish i see on the daily level that we may go into bear position. I am aiming at tp 2860, are you basing your Tp at 2930 of the old resistance level?
As long those guys are increasing their longs, i'll do the opposite

Attached Image


For 1.2930 its a level from christmas time, which should be tested. I may also be looking below 1.28.

I'm looking long term, i'm not scalping at all. So my view will differ from most of people here

Hope everyone will make money though
COT: The precious data ignored
  • #509,000
  • Jan 17, 2020 5:46am Jan 17, 2020 5:46am
Quoting kuroro001
{quote} As long those guys are increasing their longs, i'll do the opposite {image} For 1.2930 its a level from christmas time, which should be tested. I may also be looking below 1.28. I'm looking long term, i'm not scalping at all. So my view will differ from most of people here Hope everyone will make money though
same there mate..
i want 2770
hope so
just for a cup of coffee...
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