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Cable Update (GBPUSD)

  • #510,101
  • Jan 29, 2020 6:27am Jan 29, 2020 6:27am
Quoting NieFenG999
{quote} We have the same sight.... ^_^

If its bullish then why are the swings trending lower in your 15 and 5 minute?
Follow The Markets Structure - Patience and Discipline
  • #510,102
  • Jan 29, 2020 6:29am Jan 29, 2020 6:29am
A small push to the north, but maybe not enough to break through and hold above the top of Andrew's Pitchfork:

Attached Image (click to enlarge)
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Hey buddy, let's grab some Pips!
  • #510,103
  • Jan 29, 2020 6:29am Jan 29, 2020 6:29am
Quoting pipfarm
{quote} If its bullish then why are the swing trending lower in your 15 and 5 minute?
I do not trust this pattern... but I see this.

I do not know hormonics pattern will work.
Intraday only.
  • #510,104
  • Jan 29, 2020 6:41am Jan 29, 2020 6:41am
News in 40 minutes. Might break support
  • #510,105
  • Jan 29, 2020 6:47am Jan 29, 2020 6:47am
As usual, two scenarios
Attached Image(s) (click to enlarge)
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  • #510,106
  • Jan 29, 2020 7:06am Jan 29, 2020 7:06am
better buy usd tp 1.30455 ... low risk .... after correction abc complete
The Average Discount Everything
  • #510,107
  • Jan 29, 2020 7:12am Jan 29, 2020 7:12am
be carefull about fed rate
  • #510,108
  • Jan 29, 2020 7:18am Jan 29, 2020 7:18am
shorting again

SELL 3002
32 pip target
in wondering about yourself, you forgot what you came here to be part of
  • #510,109
  • Jan 29, 2020 7:24am Jan 29, 2020 7:24am
Certainly looks like a truncated wave 5

It does not really matter what the internal structure is, i just thought id post it for fun, main thing is getting the direction right and even if it turns out to be a corrective wave before a new swing up there would still have been some profit to be had.


Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #510,110
  • Jan 29, 2020 7:44am Jan 29, 2020 7:44am
Quoting knkie
shorting again SELL 3002 32 pip target
adding a short @ 2994 pending
in wondering about yourself, you forgot what you came here to be part of
  • #510,111
  • Jan 29, 2020 8:05am Jan 29, 2020 8:05am
the price is not doing anything... to take either long or short..
Intraday only.
  • #510,112
  • Jan 29, 2020 8:08am Jan 29, 2020 8:08am
Quoting navk
the price is not doing anything... to take either long or short..
sideway
just for a cup of coffee...
  • #510,113
  • Jan 29, 2020 8:10am Jan 29, 2020 8:10am
Quoting akim0895
{quote} sideway
not even sideways... 5 pips up and down
Intraday only.
  • #510,114
  • Jan 29, 2020 8:13am Jan 29, 2020 8:13am
FED is not going to alter the rate. So the price will hike... probably.

Be patient guys.

One caN short spikes.
Intraday only.
  • #510,115
  • Jan 29, 2020 8:17am Jan 29, 2020 8:17am
Quoting navk
FED is not going to alter the rate. So the price will hike... probably. Be patient guys. One caN short spikes.
maybe
  • #510,116
  • Jan 29, 2020 8:17am Jan 29, 2020 8:17am
yeah its dead for now.

BE on my sell.

im gonna keep a pending sell but put it lower: 2991
in wondering about yourself, you forgot what you came here to be part of
  • #510,117
  • Jan 29, 2020 8:28am Jan 29, 2020 8:28am
OR it might spike down for buy.
Intraday only.
  • #510,118
  • Jan 29, 2020 8:30am Jan 29, 2020 8:30am
During the day, day traders can swing like broken door back and forth...It all depends on our objectives...right now I am on the sideline.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #510,119
  • Jan 29, 2020 8:35am Jan 29, 2020 8:35am
so all critical levels daily , weekly closewise supports to protect at the almost same areas , 2980/2987/2994/3006. once beaks & hold to run 2767 direct down , so take time play through bounce first waiting!!daily close may hint today!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #510,120
  • Jan 29, 2020 8:38am Jan 29, 2020 8:38am
Quoting mashfx
Im still holding my short from last Fri; 1.30 is next support area {image}
closed my short with +65pips, shorted again TP is 65 pips, it can go either way, IMO probability is to the downside
Attached Image (click to enlarge)
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who dares wins
mashFX DSRII Return This Year: na
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