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Cable Update (GBPUSD)

  • #509,741
  • Jan 24, 2020 9:53am Jan 24, 2020 9:53am
Quoting Guztro
{quote} We'll probably see 1.3100 before 1.352/3 pipfarm. That's just my view. Guz

Im not bullish how many time do i have to say, 3052 is my target , did i type it wrong, read my posts
Follow The Markets Structure - Patience and Discipline
  • #509,742
  • Jan 24, 2020 9:54am Jan 24, 2020 9:54am
Quoting pipfarm
{quote} Im not bullish how many time do i have to say, 3052 is my target , did i type it wrong, read my posts
Yes, I corrected the price just now.

Guz
Charts don't drive price, market conditions drive price...
  • #509,743
  • Jan 24, 2020 9:59am Jan 24, 2020 9:59am
nice take off usdx , ok may not 98 this week but next target 97.80 possible. so gbpusd 3034 possible if not 3014 this week ,
just complicated gold in fear , new top to tank great too possible . hope great there soon too! waiting 1553 this day too!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,744
  • Jan 24, 2020 10:02am Jan 24, 2020 10:02am
Additional shopping. It may not be that cheap yet.
  • #509,745
  • Jan 24, 2020 10:05am Jan 24, 2020 10:05am
Quoting pipfarm
{quote} Im not bullish how many time do i have to say, 3052 is my target , did i type it wrong, read my posts
What's your upside target?
COT: The precious data ignored
  • #509,746
  • Jan 24, 2020 10:05am Jan 24, 2020 10:05am
Quoting Coreg2004
{quote} Target hit...{image} possible long term trade...always stick to your setup time frame...{image}
If your trading parameters allow aiming at AB=CD because of a weak reaction @1.30834 stick to it...
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Always trade your own plan...I don't provide trading signals.
  • #509,747
  • Jan 24, 2020 10:22am Jan 24, 2020 10:22am
Quoting Coreg2004
{quote} If your trading parameters allow aiming at AB=CD because of a weak reaction @1.30834 stick to it... {image}
I agree
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who dares wins
mashFX DSRII Return This Year: na
  • #509,748
  • Jan 24, 2020 10:27am Jan 24, 2020 10:27am
Are you ready for the last drop ?
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yes yes yes
  • #509,749
  • Jan 24, 2020 10:29am Jan 24, 2020 10:29am
Same scenario 5 minute but internal structure on 1m, A (B with abc triangle then) C up to complete the correction , now the idea is we trend down again
Follow The Markets Structure - Patience and Discipline
  • #509,750
  • Jan 24, 2020 10:31am Jan 24, 2020 10:31am
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  • #509,751
  • Jan 24, 2020 10:35am Jan 24, 2020 10:35am
Quoting pipfarm
Same scenario 5 minute but internal structure on 1m, A (B with abc triangle then) C up to complete the correction , now the idea is we trend down again

Hopefully that is 5th swing down to hit my 3052 target
Follow The Markets Structure - Patience and Discipline
  • #509,752
  • Jan 24, 2020 10:58am Jan 24, 2020 10:58am
Quoting pipfarm
{quote} Hopefully that is 5th swing down to hit my 3052 target
pipfarm, my min. target also...
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Always trade your own plan...I don't provide trading signals.
  • #509,753
  • Jan 24, 2020 11:03am Jan 24, 2020 11:03am
So after over 1 week we are still within the daily cloud.

However we did get something here today and yesterday, kijun/52 day average broke down into the cloud, a small short term bearish confirmation... 2860 level looks little to far away.

I find it interesting that the day of the parliament vote we spike with a huge down, today the brexit deal was signed and we spike (i know the other news also...) and we drop again. Will the same thing happen next week?!?

Will be interesting year, while deals needs to be done, the EU i guess will never let this to be easy for UK. I guess Leyen sober/not laughing and Michel smiling maybe will be the time to come and a sign of the future. Will be interesting if BJ and his team will be the magic negotiator or not and we get import tariff towards UK :-)

https://www.mirror.co.uk/news/politi...ident-21348923

i know this is trading page, and not EU lover per say, but how this will help UK will be very interesting to see... just dont get it.. I say it again.. Trump will get the great trade deal with uk, not uk :-) it is “perfect” that Trump advise UK to split out, when they are called the UNITED states of America!
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  • #509,754
  • Jan 24, 2020 11:53am Jan 24, 2020 11:53am
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yes yes yes
  • #509,755
  • Jan 24, 2020 11:59am Jan 24, 2020 11:59am
Quoting Moty
{image}
any tp aim? Closed out half trade lot at 70 but letting rest run... you believe in a drop again before closing hours or you keep trades open over the weekends?

put a pending sell just below 1.3 if this spikes upwards but hopefully that will not happen!
  • #509,756
  • Jan 24, 2020 12:08pm Jan 24, 2020 12:08pm
Quoting Coreg2004
{quote} pipfarm, my min. target also... {image}

OK, made a mistake to go to 1 min chart. does not matter as it never trended back down so retracement is 15min as per the last one but a differrent type ,this time looks like some kind of triple zigzag so again need to trend down below 071 for more shorts but for me its the end of the day, good luck to all
Follow The Markets Structure - Patience and Discipline
  • #509,757
  • Jan 24, 2020 12:22pm Jan 24, 2020 12:22pm
hey again
pending sell order @ 3068
target is 3046 which is a Day Support level for me
probably wont go further than that imo.....
in wondering about yourself, you forgot what you came here to be part of
  • #509,758
  • Jan 24, 2020 12:25pm Jan 24, 2020 12:25pm
Quoting krst8
{quote} any tp aim? Closed out half trade lot at 70 but letting rest run... you believe in a drop again before closing hours or you keep trades open over the weekends? put a pending sell just below 1.3 if this spikes upwards but hopefully that will not happen!
I staying for the weekend.
Tp 130400
yes yes yes
  • #509,759
  • Jan 24, 2020 12:27pm Jan 24, 2020 12:27pm
Hello, I need a little help, can anybody pls?
  • #509,760
  • Jan 24, 2020 12:28pm Jan 24, 2020 12:28pm
Quoting pipfarm
{quote} OK, made a mistake to go to 1 min chart. does not matter as it never trended back down so retracement is 15min as per the last one but a differrent type ,this time looks like some kind of triple zigzag so again need to trend down below 071 for more shorts but for me its the end of the day, good luck to all
pipfarm, we still hanging by the thread (not my first and probably not my last time)...I sometimes drop to a lower time frame to see more detailed chart. I moved SL to 3 pips above last high on 15M chart... if I am taken out so be it... How many times did I promise myself not to sit through W_4...ouch? If my target is not hit I will get out at the end of the day. Good luck with your trading.
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Always trade your own plan...I don't provide trading signals.
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