Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#509,961
Jan 28, 2020 6:28am Jan 28, 2020 6:28am

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

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yes yes yes

#509,962
Edited 6:48am Jan 28, 2020 6:38am | Edited 6:48am

corongumet
Joined Dec 2018 | Status: Trader | 1,483 Posts

Quoting Piparins

Disliked

{quote} From where exactly are you pulling those numbers out?

Ignored

im using O H L C to know how and when I will enter the market. so its not 100% accurate. touching stop loss is normal, The important is our money management.

I have a mathematical calculation to determine where my order is located, how much profit, and how much is my loss. looking fundamental to know touch SL or TP. trade safe.
yesterday my pending order touched 2 TP and 1 SL

its my order for today
Sell stop : 1.30490
Sl: BE
Tp: 1.29740

and
sell limit 1.30212
SL: 1.30664
TP: 1.29820

BuyStop: 1.30664
Sl: 1.30212
Tp: 1.31056

#509,963
Jan 28, 2020 6:51am Jan 28, 2020 6:51am

Piparins
| Joined Apr 2016 | Status: Trader | 145 Posts

Quoting corongumet

Disliked

{quote} im using O H L C to know how and when I will enter the market. so its not 100% accurate. touching stop loss is normal, The important is our money management. I have a mathematical calculation to determine where my order is located, how much profit, and how much is my loss. looking fundamental to know touch SL or TP. trade safe. its my order for today Sell stop : 1.30490 Sl: BE Tp: 1.29740 and sell limit 1.30212 SL: 1.30664 TP: 1.29820 BuyStop: 1.30664 Sl: 1.30212 Tp: 1.31056

Ignored

oh..

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#509,964
Jan 28, 2020 7:07am Jan 28, 2020 7:07am

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

Seems like the bear confirmation after the break of 1.3032 is sure to send prices down below crossing the oldtrend lines to give buyers a rethought. Soon many buyers would be screaming for help here. Trend careful

Keep the Lights on then you can catch the rise from the dark.

#509,965
Jan 28, 2020 7:14am Jan 28, 2020 7:14am

WhiteMouseFX
| Joined Sep 2016 | Status: Eyes on the big moves :-P | 490 Posts

Small bull push, then sell entry opportunity...

Hey buddy, let's grab some Pips!

#509,966
Jan 28, 2020 7:21am Jan 28, 2020 7:21am

navk
Joined Oct 2010 | Status: Trader | 21,478 Posts

for the last 4 hrs, 3002 holding. expect this to hold.

small risk.

Intraday only.

#509,967
Jan 28, 2020 7:22am Jan 28, 2020 7:22am

OnlineAddict
Joined May 2014 | Status: From1toMillion | 9,468 Posts

Waiting for a sale opportunity late thursday or friday...until then up from current low 3000 numbers.

Everyone can see the chart, but only a few can actually read it.

#509,968
Jan 28, 2020 7:37am Jan 28, 2020 7:37am

vilela00
| Joined Jan 2020 | Status: Trader | 12 Posts

Quoting Ra.

Disliked

{quote} scam, don't listen to this fool.

Ignored

SCAM?

LOL

Yeah man... I was trying to bring my perception to this conversation but I can see that don't matters what people says here...

All you are "the truth owner". Congrats.

I'm not here to sell this to you, you're an as***ole. I'm just sharing a great tool with anyone who wants to trade with harmonic patterns.

For those who speculating what pattern it will be, it could be anyone of those. You will only know when it get completed.

OF COURSE the price can change direction. Do not exist any 100% acurate indicator and strategy. But I can say that harmonic patterns works very fine for me. If you don't know how to use that, that is not my problem.

I'm very very new here at ForexFactory forum and I will keep that as I can see that mostly here just want to make their analysis the unique true.

Maybe that's why 90% lose money and only 10% can be successful as a retail trader.

Good luck.

#509,969
Edited 7:51am Jan 28, 2020 7:37am | Edited 7:51am

Coreg2004
Joined Oct 2009 | Status: Trader | 5,631 Posts

Quoting Coreg2004

Disliked

On 4H or daily all 3 patterns are still in play (Gartley and Crab to the upside and Bat to the downside). Is the B point on the 30M chart in place?... Edit: updated DX chart{image} {image}

Ignored

Quoting Guztro

Disliked

{quote} I guess we shall see, shall we? I trade structure, his bat is what he sees, I see it differently. Guz {image}

Ignored

Guz, yes Gartley is still in play (as I pointed out yesterday) but we can consider B being in place because GU made textbook correction of a 5-A leg in time and price (6 days down and 5 days up- on your daily chart- and 61.8% in price)...

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On the 30M chart, the continuation of the move from Friday

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

#509,970
Edited 8:05am Jan 28, 2020 7:41am | Edited 8:05am

Pumi
Joined Nov 2017 | Status: Trader | 511 Posts

Quoting Guztro

Disliked

{quote} All good. No system is 100% reliable, we all know that. So to get the odds in your favor, you need confirmation, sometimes triple confirmation. So EW, Harmonics and Fibonacci is my trading combination. Trade safe. Guz

Ignored

How come you seem to be ignoring EW in this case? In other words on what basis as the correction seems not to be complete as pipfarm has shown? (my view is the same as pipfarm's - there is wave C to complete. As an EW trader you would consider the possibility of price going down. In many situations the EW has proven some patterns and Harmonics application to be incorrect (not to come with the outcome predicted by those patterns and harmonics).

#509,971
Jan 28, 2020 7:46am Jan 28, 2020 7:46am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

so area to watch for a possible bounce try , 2980 is the limit , better 3000 hold . again I see usdx breaks previous top but still it should be resistance areas for some correction . lets see

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

#509,972
Jan 28, 2020 7:50am Jan 28, 2020 7:50am

Calculated Risk
| Joined Nov 2005 | Status: Trader | 59 Posts

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The Market can Remain Irrational Longer than You can Remain Liquid

#509,973
Jan 28, 2020 8:05am Jan 28, 2020 8:05am

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

Who went long at the bottom?

GBPUSD 27-31 January

Risk Management is of utmost importance!

#509,974
Jan 28, 2020 8:06am Jan 28, 2020 8:06am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

usdx got life last time , so a direct test to 98 possible , so others may try for next support if hold .

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

#509,975
Jan 28, 2020 8:08am Jan 28, 2020 8:08am

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

1.30000 is Unbreakable support

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yes yes yes

#509,976
Jan 28, 2020 8:09am Jan 28, 2020 8:09am

Guztro
Joined Apr 2018 | Status: Trader | 616 Posts

Quoting Pumi

Disliked

{quote} How come you seem to be ignoring EW in this case? In other words on what basis as the correction seems not to be complete as pipfarm has shown? (my view is the same as pipfarm's - there is wave C to complete.

Ignored

I'm not ignoring anything Pumi, I trade as I see the market unfold. pipfarm's view is that Wave B is complete, I hold the view that it is incomplete. As Coreg2004 always say, we trade it as we see it, so until the support trend line gets taken out, for me the bearish Gartley has not been invalidated.

Trade safe.

Guz

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