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Cable Update (GBPUSD)

  • #510,321
  • Jan 31, 2020 2:33am Jan 31, 2020 2:33am
Quoting msniper
we are very close now to the moment of truth we have 2 scenario the main one I was talking about all these 2 weeks that we heading to 1.33 to 1.34 and we sho.... {image}
I agree. This is a make it, break it level based on H4 trend line.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
Lost....
  • #510,322
  • Jan 31, 2020 2:47am Jan 31, 2020 2:47am
Quoting zoolc
GU will continue UP in my chart {image}
rubbish
  • #510,323
  • Jan 31, 2020 2:47am Jan 31, 2020 2:47am
Quoting msniper
we are very close now to the moment of truth we have 2 scenario the main one I was talking about all these 2 weeks that we heading to 1.33 to 1.34 and we short from there & the other bearish one that suggest selling from near the 1.316x area I just exit my long now at 1.3140 just incase scenario B works I don't want to be stubborn looking at the ratio I can see people more short in GU than long and with this market makers might keep pushing higher and hit stop loss to all the people who shorting cable {image} {image} {image}

Msniper, would like to learn. care to share some pointers. Thanks
  • #510,324
  • Jan 31, 2020 3:00am Jan 31, 2020 3:00am
Quoting Moty
{quote} this is the day to trade . the spike is coming . tp moves to daily r2 , 1.31892 home run in the making something intresting i found out , it's better to trade the asian session breakout , on the 00:00-05:30 range cet. and price did not retrace even 38.2 , and here i was losing alot of money , bet if you trade wuth the 12+26 ema , you can see that the 12 ema kick price up {image} {image}
see this asian box. search for box.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 39 KB
Intraday only.
  • #510,325
  • Jan 31, 2020 3:24am Jan 31, 2020 3:24am
Quoting msniper
we are very close now to the moment of truth we have 2 scenario the main one I was talking about all these 2 weeks that we heading to 1.33 to 1.34 and we short from there & the other bearish one that suggest selling from near the 1.316x area I just exit my long now at 1.3140 just incase scenario B works I don't want to be stubborn looking at the ratio I can see people more short in GU than long and with this market makers might keep pushing higher and hit stop loss to all the people who shorting cable {image} {image} {image}
Started dropping!!....take profit?
Its all about Timing!!!
  • #510,326
  • Jan 31, 2020 3:38am Jan 31, 2020 3:38am
pull back to the top of the flag ,
and now , up up and away
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.png Size: 49 KB
Click to Enlarge Name: GU1.png Size: 24 KB
yes yes yes
  • #510,327
  • Jan 31, 2020 3:40am Jan 31, 2020 3:40am
Next buy
  • #510,328
  • Jan 31, 2020 3:55am Jan 31, 2020 3:55am
drop?
  • #510,329
  • Jan 31, 2020 4:01am Jan 31, 2020 4:01am
Quoting corongumet
drop?
Only your system/strategy can tell
You are allowed to fall but you are imposed to get up!
  • #510,330
  • Jan 31, 2020 4:07am Jan 31, 2020 4:07am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 43 KB
yes yes yes
  • #510,331
  • Jan 31, 2020 4:19am Jan 31, 2020 4:19am
Quoting corongumet
drop?
looks like still upward pressure (4h candle with long wick).

may drop a bit more, but strong chance it's going to go back up to previous 4h wick. IMO
  • #510,332
  • Jan 31, 2020 4:26am Jan 31, 2020 4:26am
Quoting Ra.
{quote} ..............strong chance it's going to go back up ............... IMO
yes
its BREXIT DAY !!!
in wondering about yourself, you forgot what you came here to be part of
  • #510,333
  • Jan 31, 2020 4:28am Jan 31, 2020 4:28am
Quoting knkie
{quote} yes its BREXIT DAY !!!
Everydays a brexit day for the past 2 years...lol FML.


Lets see if they need to remint some new Brexit coins again.
  • #510,334
  • Jan 31, 2020 4:31am Jan 31, 2020 4:31am
I'm 80% sure that today's news will push the pound down.
Trade safe guys
Patience.....
  • #510,335
  • Jan 31, 2020 4:33am Jan 31, 2020 4:33am
Quoting Fredo219
I'm 80% sure that today's news will push the pound down. Trade safe guys
todays news is that it is BREXIT DAY !!!
in wondering about yourself, you forgot what you came here to be part of
  • #510,336
  • Jan 31, 2020 4:33am Jan 31, 2020 4:33am
Quoting Ra.
{quote} Everydays a brexit day for the past 2 years...lol FML. Lets see if they need to remint some new Brexit coins again.
I see a break and retest of a TL

which they did last week...and got rejected at a higher price...

Lets see if that SOB punches through and holds...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 153 KB
  • #510,337
  • Jan 31, 2020 4:47am Jan 31, 2020 4:47am
I saw Cable will back to lvl 50 from weekly fibo then back to upward. I trade EURJPY today look like will flying high

PS: sorry couldn't showing my charts, have problem with my pc
  • #510,338
  • Edited 5:03am Jan 31, 2020 4:48am | Edited 5:03am
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 32 KB
yes yes yes
  • #510,339
  • Jan 31, 2020 4:50am Jan 31, 2020 4:50am
Quoting Fredo219
I'm 80% sure that today's news will push the pound down. Trade safe guys
GBP will go down as investors will stash it away and take their profits
  • #510,340
  • Jan 31, 2020 4:55am Jan 31, 2020 4:55am
Quoting Moty
{quote} this is the day to trade . the spike is coming . tp moves to daily r2 , 1.31892 home run in the making something intresting i found out , it's better to trade the asian session breakout , on the 00:00-05:30 range cet. and price did not retrace even 38.2 , and here i was losing alot of money , bet if you trade wuth the 12+26 ema , you can see that the 12 ema kick price up {image} {image}
I would take care if i were you. Maybe everything is priced in, but so far traders are still shorts. To me the rise is just technical to get more shorts higher

I'll review things this week end once commitment of traders gets released

Enjoy your trading day
COT: The precious data ignored
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