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Cable Update (GBPUSD)

  • #509,321
  • Jan 21, 2020 10:16am Jan 21, 2020 10:16am
Hi all, at the moment in the short term i see the bulls but i will remain with the idea of 1.27 in mid term until the candle of this week doesn't exceeded the last week high (1.3118). Maybe in the the next 3 days it will make a new high....
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  • #509,322
  • Jan 21, 2020 10:17am Jan 21, 2020 10:17am
Back to short...GBP loosing momentum ...today could be a bull trap
  • #509,323
  • Jan 21, 2020 10:17am Jan 21, 2020 10:17am
hi

I had some trade problems today. For about 5 minutes, I do not know why it happened.

For about 5 minutes, I was placing short trades, surprisingly the all ( yes all ) short trades were placed at 1.3059 when the price was going up .

Almost 10 trades, but all small lot size.

I managed and closed all in profit.

Can you guys explain why and what happened ? I saw the price movement though above 1.3059 when trades were getting placed.
Intraday only.
  • #509,324
  • Jan 21, 2020 10:38am Jan 21, 2020 10:38am
I just see a big ol' middle finger on the 30 minute chart atm...but to who?

Price is in its final death throes of this wedge pattern. Probably waiting for some more Brexit news or FOMC.

Short term, 3016 possible support, entry for long is my POV atm. Possibly 3030 as well...

Holding one more short with SL @ 5p. Ideally id like to see 2940 sometime this week...
  • #509,325
  • Jan 21, 2020 10:40am Jan 21, 2020 10:40am
signal again at breaks down & hold 3045 for 3008 target/ extend to 2994 , lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,326
  • Jan 21, 2020 10:40am Jan 21, 2020 10:40am
for those who still struggle with fractals and multi time frame analysis...
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Always trade your own plan...I don't provide trading signals.
  • #509,327
  • Jan 21, 2020 10:49am Jan 21, 2020 10:49am
Quoting knkie
hey hey 3052 long 7 pip SL 28 pip target 1:4 Edit: trgt 35 RR 1:5
busted !
-7
in wondering about yourself, you forgot what you came here to be part of
  • #509,328
  • Jan 21, 2020 10:50am Jan 21, 2020 10:50am
Any opinions what/if anything will happen with cable at 31 of januari?

i dont expect any market reaction as this is anticipated, any other thoughts in this subject?

any trade deal talks efterwards for the rest of they year one would assume will make this a roller coaster...
  • #509,329
  • Jan 21, 2020 10:52am Jan 21, 2020 10:52am
keeping my GU longs
the formation of a triangle and a breakout would be nice
  • #509,330
  • Jan 21, 2020 10:59am Jan 21, 2020 10:59am
Quoting krst8
Any opinions what/if anything will happen with cable at 31 of januari? i dont expect any market reaction as this is anticipated, any other thoughts in this subject? any trade deal talks efterwards for the rest of they year one would assume will make this a roller coaster...
it depends on where harry & meghan are on the 31st.
in wondering about yourself, you forgot what you came here to be part of
  • #509,331
  • Jan 21, 2020 11:00am Jan 21, 2020 11:00am
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yes yes yes
  • #509,332
  • Jan 21, 2020 11:04am Jan 21, 2020 11:04am
Quoting knkie
{quote} it depends on where harry & meghan are on the 31st.
haha, so you bet that the Canadian dollar should go up up up?! :-)
  • #509,333
  • Jan 21, 2020 11:15am Jan 21, 2020 11:15am
The only concern I have that might negate my opinion is a reaction when Trump's impeachment is thrown out - Expect USD to rally
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The Market can Remain Irrational Longer than You can Remain Liquid
  • #509,334
  • Jan 21, 2020 11:33am Jan 21, 2020 11:33am
Scalp 12 pip TP
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  • #509,335
  • Jan 21, 2020 11:41am Jan 21, 2020 11:41am
Quoting knkie
{quote} it depends on where harry & meghan are on the 31st.
Rumor has it that they're going to do another season of Suits season 10. Harry's going to be the new rogue "plays by his own rules" attorney at law.
  • #509,336
  • Jan 21, 2020 11:53am Jan 21, 2020 11:53am
Quoting krst8
{quote} haha, so you bet that the Canadian dollar should go up up up?! :-)
its amazing: harry got on a plane and the pound went up, he landed in canada and the CAD went down
im tellin ya there is a "where's-harry" indicator in the works somewhere !
in wondering about yourself, you forgot what you came here to be part of
  • #509,337
  • Jan 21, 2020 11:54am Jan 21, 2020 11:54am
Quoting Ra.
{quote} Rumor has it that they're going to do another season of Suits season 10. Harry's going to be the new rogue "plays by his own rules" attorney at law.
omg its gonna get so cheap lol
they will be on tell-sell soon
in wondering about yourself, you forgot what you came here to be part of
  • #509,338
  • Jan 21, 2020 12:20pm Jan 21, 2020 12:20pm
3052 long on M5
in wondering about yourself, you forgot what you came here to be part of
  • #509,339
  • Jan 21, 2020 12:37pm Jan 21, 2020 12:37pm
Quoting knkie
{quote} its amazing: harry got on a plane and the pound went up, he landed in canada and the CAD went down im tellin ya there is a "where's-harry" indicator in the works somewhere !
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It's a sport, an artform and a science.
  • #509,340
  • Edited 1:03pm Jan 21, 2020 12:51pm | Edited 1:03pm
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yes yes yes
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