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Cable Update (GBPUSD)

  • #510,381
  • Jan 31, 2020 10:05am Jan 31, 2020 10:05am
The price is 10 pips away from my target. See chart.

Risk Management is of utmost importance!
  • #510,382
  • Jan 31, 2020 10:06am Jan 31, 2020 10:06am
price flying. lol

Thought will stop at 3160. now floating..
Intraday only.
  • #510,383
  • Jan 31, 2020 10:07am Jan 31, 2020 10:07am
Anyone topping up their shorts if it goes beyond 1.32?
  • #510,384
  • Jan 31, 2020 10:14am Jan 31, 2020 10:14am
ok I close long
short, TP 1.31, SL 1.3220
  • #510,385
  • Jan 31, 2020 10:15am Jan 31, 2020 10:15am
#GBPUSD / H4 / Two Counters
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  • #510,386
  • Jan 31, 2020 10:17am Jan 31, 2020 10:17am
Quoting navk
price flying. lol Thought will stop at 3160. now floating..
navk, my maximum objective for today was 1.3165 but we caught extension in 4-5 (still 1.32055 possible for today) and GU took prior week high, might be interesting in days to come...
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Always trade your own plan...I don't provide trading signals.
  • #510,387
  • Jan 31, 2020 10:18am Jan 31, 2020 10:18am
Quoting HumzahJ
Anyone topping up their shorts if it goes beyond 1.32?
I will only buy
My tp stays 1.31892 , i believe it will reach 1.31944
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yes yes yes
  • #510,388
  • Jan 31, 2020 10:19am Jan 31, 2020 10:19am
Quoting Moty
{image}
Moty, are you still holding your long trade?
Always trade your own plan...I don't provide trading signals.
  • #510,389
  • Jan 31, 2020 10:20am Jan 31, 2020 10:20am
h4
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Intraday only.
  • #510,390
  • Jan 31, 2020 10:28am Jan 31, 2020 10:28am
resisten was broken. so?
  • #510,391
  • Jan 31, 2020 10:30am Jan 31, 2020 10:30am
Quoting Coreg2004
{quote} Moty, are you still holding your long trade?
All out !!!!.
Another home run.
Again 80 pips move on the main position.
Sadly i earn to times 80 pips with 0.7 & 0.5 $ per pips , but last week i lost 80 with 4.5 $ per pips , so I am still in a lose in last 2 week but profitable in the month
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yes yes yes
  • #510,392
  • Jan 31, 2020 10:32am Jan 31, 2020 10:32am
Quoting Coreg2004
{quote} navk, my maximum objective for today was 1.3165 but we caught extension in 4-5 (still 1.32055 possible for today) and GU took prior week high, might be interesting in days to come... {image}
R2 is 3194.
Intraday only.
  • #510,393
  • Jan 31, 2020 10:39am Jan 31, 2020 10:39am
Now we will fall to correction Fibo and up again. Next 1.33
  • #510,394
  • Jan 31, 2020 10:47am Jan 31, 2020 10:47am
Quoting navk
{quote} R2 is 3194.
yes sure
  • #510,395
  • Jan 31, 2020 10:48am Jan 31, 2020 10:48am
Misterisly the eg didn't crash and hold ground at old support
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Trying a little short
From daily r2 1.31892 to weekly r1 1.31704
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yes yes yes
  • #510,396
  • Jan 31, 2020 11:07am Jan 31, 2020 11:07am
Quoting Moty
{quote} All out !!!!. Another home run. Again 80 pips move on the main position. Sadly i earn to times 80 pips with 0.7 & 0.5 $ per pips , but last week i lost 80 with 4.5 $ per pips , so I am still in a lose in last 2 week but profitable in the month {image} {image}
Moty, you are impossible...Do you have a vise to squeeze the last pip?
Always trade your own plan...I don't provide trading signals.
  • #510,397
  • Jan 31, 2020 11:09am Jan 31, 2020 11:09am
So we have been playing ping pong for quite many days within the daily ichimoku cloud. A false break the other day from below, and today we reach the top of the cloud and hang on there.


Still think this is bearish and would be the perfect short move, as like we had a great move down the day of the parliament vote to spike it some %...

i would still anticipate that maybe just nothing happens tonight... :-)
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  • #510,398
  • Jan 31, 2020 11:15am Jan 31, 2020 11:15am
Quoting navk
{quote} R2 is 3194.
navk, ask yourself the question: which pattern am I going to play on Monday? AB=CD to the upside because your analysis telling you GU will still go up or Gartley to the downside?... Reinforce PRZ with your Pivot Point method and look for harmonic patterns method only to confirm what you do very well (trading with PP) and for so long. The market always presents at least 2 choices. Good luck with your trading. Ask any Q about HP.
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Always trade your own plan...I don't provide trading signals.
  • #510,399
  • Jan 31, 2020 11:50am Jan 31, 2020 11:50am
GBP Traders

Maybe You Will Like This:

https://www.forexfactory.com/showthr...4#post12723784

See You There
  • #510,400
  • Jan 31, 2020 11:59am Jan 31, 2020 11:59am
next short, TP 1.3100, SL 1.3225
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