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Cable Update (GBPUSD)

  • #509,561
  • Jan 23, 2020 8:54am Jan 23, 2020 8:54am
Quoting kuroro001
{quote} Which timeframe you look at ? They look very long, too long for my liking {image}

target 1.3180 - 1.3220 today...tomorrow
  • #509,562
  • Jan 23, 2020 8:57am Jan 23, 2020 8:57am
Quoting OnlineAddict
{quote} I see a bull trap on the chart...might turn ugly for bulls tomorrow.
I see a bear trap and a may be wrong
  • #509,563
  • Jan 23, 2020 9:04am Jan 23, 2020 9:04am
Quoting thevisitor
{quote} I see a bear trap and a may be wrong
We have to wait and see tomorrow...big news at 10:30 EU time. I kind of feel they won't be good...
Everyone can see the chart, but only a few can actually read it.
  • #509,564
  • Jan 23, 2020 9:08am Jan 23, 2020 9:08am
Quoting knkie
{quote} exit -5 and Reversed 3* SELL 3115
heading to 1st target 15 pips which will recover any loss i had on stops today.
2nd target: 23 pips
3rd target: 32 pips
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #509,565
  • Jan 23, 2020 9:08am Jan 23, 2020 9:08am
Quoting Almo2312
{quote} Same story..
man we are online ! lol
in wondering about yourself, you forgot what you came here to be part of
  • #509,566
  • Edited 9:24am Jan 23, 2020 9:10am | Edited 9:24am
Quoting gespiri
{quote} Hi C2004, why is your wave 5 kinda short, no? I would expect this wave to end up more around 1.322ish....
It's possible for W_5 not to exceed W_3 high. It's called truncated wave five...please check the link. https://lifestyletrading101.com/elli...ated-5th-wave/
Edit:...or this one... https://ewminteractive.com/truncated...the-black-swan
Always trade your own plan...I don't provide trading signals.
  • #509,567
  • Jan 23, 2020 9:26am Jan 23, 2020 9:26am
Am short,long term we still long lets steal a few pips
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 107 KB
Watch me trade Live on YouTube
  • #509,568
  • Jan 23, 2020 9:31am Jan 23, 2020 9:31am
HMM.. yes it looks like it is going to drop tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Alpari MT4.png Size: 72 KB
Intraday only.
  • #509,569
  • Jan 23, 2020 9:42am Jan 23, 2020 9:42am
time to build long positions again

GBP still bullish shortterm

we will make high above 1.3160 tomorrow or soon
Attached Image (click to enlarge)
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  • #509,570
  • Jan 23, 2020 9:56am Jan 23, 2020 9:56am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #509,571
  • Jan 23, 2020 10:08am Jan 23, 2020 10:08am
Quoting knkie
{quote} heading to 1st target 15 pips which will recover any loss i had on stops today. 2nd target: 23 pips 3rd target: 32 pips {image}
what a scrappy day
;(

trail stopped out of all three trades, 18 pips total

im gonna just watch for a bit lol
in wondering about yourself, you forgot what you came here to be part of
  • #509,572
  • Jan 23, 2020 10:16am Jan 23, 2020 10:16am
watching DXY I think we have a big possibility that we reached to the neckline of the imagination Head & shoulders. and we should see dxy dropping soon to build a right shoulder. this drop will cause GU and EU to fly soon
Attached Image (click to enlarge)
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  • #509,573
  • Jan 23, 2020 10:19am Jan 23, 2020 10:19am
Quoting msniper
watching DXY I think we have a big possibility that we reached to the neckline of the imagination Head & shoulders. and we should see dxy dropping soon to build a right shoulder. this drop will cause GU and EU to fly soon {image}

I am not a H/S trader my friend but you could be on the money here.


Quoting Dingoman-two
{quote} I am not a H/S trader my friend but you could be on the money here.

OOPS SPOKE TO SOON
  • #509,574
  • Jan 23, 2020 10:29am Jan 23, 2020 10:29am
looks like GU stalling for bears, potentially see an up move soon
  • #509,575
  • Jan 23, 2020 10:33am Jan 23, 2020 10:33am
Quoting msniper
watching DXY I think we have a big possibility that we reached to the neckline of the imagination Head & shoulders. and we should see dxy dropping soon to build a right shoulder. this drop will cause GU and EU to fly soon {image}

Attached Image (click to enlarge)
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A dip in USD would be a great opportunity to load longs again IMO

But i'm weekly based here, so plenty of times left on my clock
COT: The precious data ignored
  • #509,576
  • Edited 11:00am Jan 23, 2020 10:37am | Edited 11:00am
Quoting msniper
time to build long positions again GBP still bullish shortterm we will make high above 1.3160 tomorrow or soon {image}
watching for 3082/3067 limits if hold then may bull but breaks & hold 3067 then 3000 may test before bounce try, care another level 3034 also. so now bull to protect those levels first and bear targets goes there too.
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,577
  • Jan 23, 2020 11:00am Jan 23, 2020 11:00am
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EG.png Size: 32 KB
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yes yes yes
  • #509,578
  • Edited 11:34am Jan 23, 2020 11:14am | Edited 11:34am
Quoting Moty
{image}{image}{image}
still the chance that ABC becomes 12345 pattern...decisions, decisions...watch for the 3rd touch of the TL and WH (@1.3119)
Attached Image (click to enlarge)
Click to Enlarge Name: GU.01.23.30M.b.png Size: 99 KB
Always trade your own plan...I don't provide trading signals.
  • #509,579
  • Jan 23, 2020 11:29am Jan 23, 2020 11:29am
M1
Sell 3105
in wondering about yourself, you forgot what you came here to be part of
  • #509,580
  • Jan 23, 2020 11:30am Jan 23, 2020 11:30am
Quoting knkie
{quote} what a scrappy day ;( trail stopped out of all three trades, 18 pips total im gonna just watch for a bit lol
Yes its true. Today my order sl. But i have an order and i think touch sl
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