Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#509,161
Jan 20, 2020 9:15am Jan 20, 2020 9:15am

krst8
| Joined Nov 2019 | Status: Trader | 532 Posts

Quoting RCtrader

Disliked

Bears will win! See an interactive chart here.

Ignored

take this down to 2900!! Lets se how this day will close with lov volume.. i am bearish also since last week.. took some more shorts when went over 3000

#509,162
Jan 20, 2020 9:17am Jan 20, 2020 9:17am

Coreg2004
Joined Oct 2009 | Status: Trader | 5,665 Posts

Stay focused on the system/method you trade and you will do well. Follow your rules precisely or walk away from trading.

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Always trade your own plan...I don't provide trading signals.

#509,163
Jan 20, 2020 9:18am Jan 20, 2020 9:18am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

Quoting Moty

Disliked

{quote} yes , i missed that {image}

Ignored

yes, my trailing stop 2984 for my long.

Intraday only.

#509,164
Jan 20, 2020 9:21am Jan 20, 2020 9:21am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

I suspect my trailing stop will not hit. There is bounce from s1.

Intraday only.

#509,165
Jan 20, 2020 9:30am Jan 20, 2020 9:30am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,415 Posts

ready for usdx bull perhaps , signals 97.47 & 8, support 97.42. take care

Attached Image

Not understand?better not follow my analyses!doubt clearer first, risks ++

#509,166
Jan 20, 2020 9:47am Jan 20, 2020 9:47am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

Quoting Moty

Disliked

{quote} yes , i missed that {image}

Ignored

trailing stop hit. So, I feel, 1 : 3 is better to book profit instead of target ?

I feel so.

Intraday only.

#509,167
Jan 20, 2020 9:56am Jan 20, 2020 9:56am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#509,168
Jan 20, 2020 10:01am Jan 20, 2020 10:01am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

i was confident, the price found support at 2960. And hourly is bullish, so took long again at 2984, with stop 2982. Doing well now.

Intraday only.

#509,169
Jan 20, 2020 10:03am Jan 20, 2020 10:03am

Almo2312
Joined Jul 2015 | Status: Trader | 2,762 Posts

i short 1.3 for 70 pips i dont think today it will reach the target but tomorrow

Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!

#509,170
Jan 20, 2020 10:11am Jan 20, 2020 10:11am

Seleckted
| Joined Jun 2019 | Status: Trader | 45 Posts

i went short at 1.29970 for 30 pips .but i will wait a bit more too to close my trade. USDX will still continue to go up .. but its monday and not much movement is happening

#509,171
Jan 20, 2020 10:29am Jan 20, 2020 10:29am

Ra.
| Joined Sep 2018 | Status: Trader | 797 Posts

Quoting Seleckted

Disliked

i went short at 1.29970 for 30 pips .but i will wait a bit more too to close my trade. USDX will still continue to go up .. but its monday and not much movement is happening

Ignored

bANK holdiay in US, could be low liquidity, but fast moves happen when there's low liquidity...followed by some Barclays insider trading scandal news article

#509,172
Jan 20, 2020 10:30am Jan 20, 2020 10:30am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

This is what usually happens to me.
I get into a good trade, like Friday's short.
then try to grab the correction that is usually small and then I lose the whole account of this thing.
I need to get out of this

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switched to short

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yes yes yes

#509,173
Jan 20, 2020 10:44am Jan 20, 2020 10:44am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,415 Posts

all up & down plays , there was top rejection usdx but ok above 97.422 or 97.416, otherwise retest 97.40 limit again. anyway got new high there already.

Attached Image

Not understand?better not follow my analyses!doubt clearer first, risks ++

#509,174
Jan 20, 2020 10:46am Jan 20, 2020 10:46am

RCtrader
Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts

Quoting krst8

Disliked

{quote} take this down to 2900!! Lets se how this day will close with lov volume.. i am bearish also since last week.. took some more shorts when went over 3000

Ignored

It's a fierce fight between the two.

Risk Management is of utmost importance!

#509,175
Jan 20, 2020 11:23am Jan 20, 2020 11:23am

navk
Joined Oct 2010 | Status: Trader | 21,486 Posts

Quoting Moty

Disliked

This is what usually happens to me. I get into a good trade, like Friday's short. then try to grab the correction that is usually small and then I lose the whole account of this thing. I need to get out of this{image}{image} switched to short{image}

Ignored

entries at pivots, r1,r2, s1, s2 can help

Intraday only.

#509,176
Jan 20, 2020 11:37am Jan 20, 2020 11:37am

krst8
| Joined Nov 2019 | Status: Trader | 532 Posts

Quoting RCtrader

Disliked

{quote} It's a fierce fight between the two.

Ignored

Lets see, it starts to feel that the 2900 level will be "impossible" to bypass even at very bad news...lets see if a rate cut or something will make that happen.... or maybe just time to start following the flow and start scalping :-)

#509,177
Jan 20, 2020 11:44am Jan 20, 2020 11:44am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 6,422 Posts

Quoting Moty

Disliked

This is what usually happens to me. I get into a good trade, like Friday's short. then try to grab the correction that is usually small and then I lose the whole account of this thing. I need to get out of this{image}{image} switched to short{image}

Ignored

i am still holding......