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Cable Update (GBPUSD)

  • #510,481
  • Feb 3, 2020 3:37am Feb 3, 2020 3:37am
I am long again at 1.3100

I will add again below 1.3070 if it goes down

my SL 1.2970

target 1.3300 to 1.3420 range
  • #510,482
  • Feb 3, 2020 3:39am Feb 3, 2020 3:39am
A low daily target was reached
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 35 KB
yes yes yes
  • #510,483
  • Feb 3, 2020 4:02am Feb 3, 2020 4:02am
Buy here....which is also the MA333
Lost....
  • #510,484
  • Feb 3, 2020 4:02am Feb 3, 2020 4:02am
Quoting knkie
hello im holding shorts until 1.3079 I think price reverses there. If it does i will be long.
i exited my shorts @ 3080

but its still falling
in wondering about yourself, you forgot what you came here to be part of
  • #510,485
  • Feb 3, 2020 4:03am Feb 3, 2020 4:03am
3060, out of shorts...waiting to re-load higher again. Everything above 3100 will be a good short this week.
Everyone can see the chart, but only a few can actually read it.
  • #510,486
  • Feb 3, 2020 4:03am Feb 3, 2020 4:03am
Quoting vikinsa
{quote} Bull trap started? https://www.tradingview.com/chart/GB...ial-Bull-Trap/ {image}
Looking good. Dropped right from my zone mentioned in my weekly analysis video:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Brexit Potential Bull Trap Short Trade Feb 03 2020 Weekly Forex Trade Analysis Vikinsa-2.png Size: 101 KB
Technical Analyst & Trader @ Vikinsa
  • #510,487
  • Feb 3, 2020 4:07am Feb 3, 2020 4:07am
it was very bad
  • #510,488
  • Feb 3, 2020 4:09am Feb 3, 2020 4:09am
Quoting knkie
{quote} i exited my shorts @ 3080 but its still falling
Agree, still heavy bear pressure. 135 pips short... may just call it a day

Guz
Charts don't drive price, market conditions drive price...
  • #510,489
  • Feb 3, 2020 4:14am Feb 3, 2020 4:14am
Quoting knkie
{quote} i exited my shorts @ 3080 but its still falling
I exited mine at 1.311
  • #510,490
  • Feb 3, 2020 4:14am Feb 3, 2020 4:14am
Strong bearish trend atm. It looks like, it will continue, but I am out for today.
Sometimes 2 good trades are already enough.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP today.png Size: 23 KB
The biggest risk is not taking a risk.
  • #510,491
  • Feb 3, 2020 4:17am Feb 3, 2020 4:17am
Quoting gespiri
Buy here....which is also the MA333
Now that the big boys have shaken out a lot of SLs, I wouldn't be surprised if they close that gap by the end of the day, then up.
Lost....
  • #510,492
  • Feb 3, 2020 4:19am Feb 3, 2020 4:19am
Quoting gespiri
{quote} Now that the big boys have shaken out a lot of SLs, I wouldn't be surprised if they close that gap by the end of the day, then up.
If you think for a second big guys care about some gap, you must be new...gaps are a retailer obsession, some are open for over a decade.
Everyone can see the chart, but only a few can actually read it.
  • #510,493
  • Feb 3, 2020 4:22am Feb 3, 2020 4:22am
Quoting OnlineAddict
{quote} If you think for a second big guys care about some gap, you must be new...gaps are a retailer obsession, some are open for over a decade.
more like a trap for buyer..
keep adding position because of that hole
just for a cup of coffee...
  • #510,494
  • Feb 3, 2020 4:22am Feb 3, 2020 4:22am
Quoting OnlineAddict
{quote} If you think for a second big guys care about some gap, you must be new...gaps are a retailer obsession, some are open for over a decade.
really bro....

what pair....
  • #510,495
  • Feb 3, 2020 4:23am Feb 3, 2020 4:23am
To risk. I will buy again. If it was a quick correction it would fly very high. 1.34~136
  • #510,496
  • Feb 3, 2020 4:24am Feb 3, 2020 4:24am
Quoting OnlineAddict
{quote} If you think for a second big guys care about some gap, you must be new...gaps are a retailer obsession, some are open for over a decade.
True, there is one below 1.28, and no one would care about it.

Its like eyeing the EURO gap 1.3240 (from 2014)

Its a retail trap
COT: The precious data ignored
  • #510,497
  • Feb 3, 2020 4:24am Feb 3, 2020 4:24am
Quoting gespiri
{quote} Now that the big boys have shaken out a lot of SLs, I wouldn't be surprised if they close that gap by the end of the day, then up.
I would wait for bullish confirmation gespiri, if it breaks this level, then may only bounce off 1.3030*

Trade safe.
Guz
Charts don't drive price, market conditions drive price...
  • #510,498
  • Feb 3, 2020 4:25am Feb 3, 2020 4:25am
Quoting kuroro001
{quote} True, there is one below 1.28, and no one would care about it. Its like eyeing the EURO gap 1.3240 (from 2014) Its a retail trap
if i not wrong is at 2770..
ha ha..
just for a cup of coffee...
  • #510,499
  • Feb 3, 2020 4:25am Feb 3, 2020 4:25am
Quoting OnlineAddict
{quote} If you think for a second big guys care about some gap, you must be new...gaps are a retailer obsession, some are open for over a decade.
Save the insults for the mirror and just focus on trading.
If I lose, I lose. If I win, I win. At least I try.
Lost....
  • #510,500
  • Feb 3, 2020 4:27am Feb 3, 2020 4:27am
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 24 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 39 KB
Attached Image (click to enlarge)
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yes yes yes
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