Cable Update (GBPUSD)

if momentum holds it falls further.
This may be a decision level.

i really want to hit my target

Time to let the bulls out!

GBPUSD 27-31 January

Not Yet !
I need 68 first

Too late! Sorry, they are out now.

lol

i too 7 pips on the trade

there is an up move coming but that could very well be a wind up for more selling.

i hope so. the price is stuck at 1.2979-1.2989

I got spooked out yesterday and closed my shorts early.

looking at the daily it does appear we are about to break the daily support soon. But i am in doubt of this, I expect that we will have one go more up before going down.. would be to easy otherwise:-)

tomorrow we could break the bottom of the cloud at about 2950... But having the feeling that the dollar may rebound down...

although we “broke” the resistance/bottom trend line today, went short also both 14 and 21, with large losses, so keeping out of this until we get a real break..

Today has been very short scalping only..

I'm sorry I offended you, just lots of affiliate marketing and people promising 90% success ...."if you just buy this..." BS.

If that is not the case with you, then I take back what I say, but if you do try and rope in unsuspecting new traders on selling them something. Shame on you for being deceitful.

Lots of people come on here claiming they "know" the markets. I gave off that impression at the beginning... I've learned that people who say such things, one should be wary of them. Anyone who speaks in absolutes in this field is a fool. You can have a strong bias, but if you know how to predict this market 90% of the time, you probably most likely wouldn't be here chatting with us.

Happy trading.

usdx top , likely a failure top for now

WAIT FOR TOMORROW

I think so, when your target is touched, my target is also. Let's wait and see. my target is 1.29740 (last target for today)

Coreg2004 - It would be awesome to talk about HP. I love to work with that. I have the right indicator that supports me to decide if it is a good entry level, or not. AB=CD is just a confirmation for me. The tool that I use shows me all possible HP in the chart considering how many scenarios I want. I have to analise and choose only one. It's working for me. it could not work for others. It's all about being confortable with your strategy.

kuroro001 - Where did you see that I'm selling something here? You guys need to understand what people are saying. I had just suggested. I'm not trying to sell nothing here. This is not my indicator and I do not work for them. I just bring this up because people here were talking about patterns.

corongumet - I'm a new person too and I can guarantee to you that I will be learning till I decide to stop trade. I do not tell that I'm right and others are wrong. I was just trying to bring my perception about what we are talking about. I'm sorry if you guys saw that this way. I'm not here to teach or to sell nothing. I'm here to learn and share experiences. I was polite when I posted my plan. I was open for any question and for a review. But the first answer was: SCAM. FOOL. NONSENSE. I don't care for real. I do not use peoples analisys to trade. I do not search for "internet stratagies". I do not encourage people to take action because of me. I just came here with open arms so we can talk and learn even more. For you all that are reading this answer: I suggest you to do not try to learn nothing from this forums. The mostly here don't want to help. And you can bet that who is a winner on trading is not here and will not give you their strategies for free.

Ra. - yes you've offended me. I'm not here to promess nothing to nobody. I follow this forum for a long time and had never posted nothing. Maybe it's better to keep that way. Yes budy. 80-90% accurate. I only open my positions when I have all clear. That's why it works. FX is about patience. It's not that hard how people says... The big problem is that mostly can not support mentaly what is happening right in their screens. The price can turn around? OF COURSE! But I work with a HIGH probability that it will go to the target. Nonsense is answer that way for a new user that trying to share his vision. Maybe you can try to be more polite on the next time.

this retracement looks almost identical to the outlook so far of what happened the last times when we touch bottom trend line last two weeks.

why this time to fail you think?

Attachment g

You noticed too

Yeah and still dont learn to keep out :-) scalp long 80 level.. now shorts from 10 level scalps

i found it also of interest to short gbp aud.. the Australian dollar is very weak now with no good reason else than corona and China influence on their trade... but that is little gambling...

After a big loss, I was able to roll over to a short with normal balance

oh did not turn as you expected there?

what is your “gut” feeling saying about this “crazy” correction uppwards? Almost 60 pips soon if we continue like this... shorted at 3010 and 3020

Bears just started.
Much more yet to come.
(my bias)