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Cable Update (GBPUSD)

  • #509,821
  • Jan 27, 2020 2:29am Jan 27, 2020 2:29am
Quoting knkie
{quote} remember what i said ? (yahoo pre-market) {image}
not a gap up open but the move up has started.

BUY 3076
in wondering about yourself, you forgot what you came here to be part of
  • #509,822
  • Jan 27, 2020 2:33am Jan 27, 2020 2:33am
Quoting wilhb81
Another new trading week for all the Cable's traders... A wild guess here - what will happen after 31st Jan 2020 - North or South?
as mention the bull trap may to first and so its targets may hit first . though not buy it but will wait at top for the reach due the same reason of bull trap or against popular price action / contrarian conspiracy theory before get shape !Take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 35 KB
Click to Enlarge Name: EURGBPWeekly.png Size: 32 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,823
  • Edited 2:49am Jan 27, 2020 2:33am | Edited 2:49am
The crooks builded a similar pattern, but it's a bear trap
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: DX.png Size: 16 KB
Click to Enlarge Name: GU1.png Size: 31 KB
yes yes yes
  • #509,824
  • Jan 27, 2020 2:54am Jan 27, 2020 2:54am
Short only below the 3050 level, other wise we are going up to retest
Follow The Markets Structure - Patience and Discipline
  • #509,825
  • Jan 27, 2020 3:05am Jan 27, 2020 3:05am
still the same plan

we retested the neckline and should head up soon and stronger than before

I don't mind it going down for new low to 1.302x area before flying
Attached Image (click to enlarge)
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  • #509,826
  • Jan 27, 2020 3:11am Jan 27, 2020 3:11am
Attached Image (click to enlarge)
Click to Enlarge Name: DX.png Size: 19 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 31 KB
yes yes yes
  • #509,827
  • Jan 27, 2020 3:21am Jan 27, 2020 3:21am
I'm waiting for a higher move now...and short into it.

With brexit coming i dont feel confident holding too long
COT: The precious data ignored
  • #509,828
  • Edited 3:47am Jan 27, 2020 3:37am | Edited 3:47am
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 29 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 33 KB
yes yes yes
  • #509,829
  • Jan 27, 2020 3:39am Jan 27, 2020 3:39am
Inserted Video
  • #509,830
  • Jan 27, 2020 3:46am Jan 27, 2020 3:46am
Quoting kuroro001
I'm waiting for a higher move now...and short into it. With brexit coming i dont feel confident holding too long
dude
get over brexit
it will have zero influence.
its all factored in.
in wondering about yourself, you forgot what you came here to be part of
  • #509,831
  • Jan 27, 2020 3:48am Jan 27, 2020 3:48am
Quoting knkie
{quote} dude get over brexit it will have zero influence. its all factored in.
That's what i'm trying to do. But don't feel that confident

Okay i'll keep shorting higher moves then
COT: The precious data ignored
  • #509,832
  • Jan 27, 2020 3:58am Jan 27, 2020 3:58am
Quoting kuroro001
{quote} That's what i'm trying to do. But don't feel that confident Okay i'll keep shorting higher moves then
well i did not mean to say you should short ...
personally i think price is going to go up quite a bit from here.
Day & H4 lined up for a big move.

But Brexit is over. thats all i wanted to say really
in wondering about yourself, you forgot what you came here to be part of
  • #509,833
  • Edited 4:27am Jan 27, 2020 4:00am | Edited 4:27am
It will be a long way, but it's worth the wait. If the scenario works out then i will sell before a bigger correction and then again shopping.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-01-27 at 10.55.16.png Size: 132 KB
  • #509,834
  • Jan 27, 2020 4:13am Jan 27, 2020 4:13am
Well I placed a short here just to see where it might go. We have a lot of resistance above and the up move here is due to usd being weak. Usd will get stronger soon in my opinion and that will make GU co down
  • #509,835
  • Jan 27, 2020 4:20am Jan 27, 2020 4:20am
Quoting MamounDeb
Well I placed a short here just to see where it might go. We have a lot of resistance above and the up move here is due to usd being weak. Usd will get stronger soon in my opinion and that will make GU co down
a pullback from 3095 would be logical.
Im looking to reenter long though, in the zone 3072-3077

could be wrong.
trade safe
in wondering about yourself, you forgot what you came here to be part of
  • #509,836
  • Jan 27, 2020 4:22am Jan 27, 2020 4:22am
Quoting knkie
{quote} a pullback from 3095 would be logical. Im looking to reenter long though, in the zone 3072-3077 could be wrong. trade safe
buy stop: 1.30804
SL: 1.30491
TP: 1.31057
SELL STOP: 1.30491
SL: 1.30804: TP: 1.30238

and
sell stop: 1.30493
SL: 1.30643
TP: 1.29743

so lets see market flow
  • #509,837
  • Jan 27, 2020 4:30am Jan 27, 2020 4:30am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 30 KB
yes yes yes
  • #509,838
  • Jan 27, 2020 5:32am Jan 27, 2020 5:32am
the spike is coming
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 47 KB
yes yes yes
  • #509,839
  • Jan 27, 2020 5:37am Jan 27, 2020 5:37am
Even if GBPUSD makes another bull rally today, it might not go that far.

27-31 January
Risk Management is of utmost importance!
  • #509,840
  • Jan 27, 2020 5:47am Jan 27, 2020 5:47am
Eyes turned to US impeachment.
Big USD push expected.
Remember that Dollar King commands basically everything in the FX market.
Hey buddy, let's grab some Pips!
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