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Cable Update (GBPUSD)

  • #510,901
  • Feb 6, 2020 4:49am Feb 6, 2020 4:49am
unconfirmed line a miracle is needed
see weekly right now

Quoting msniper
I am still sticking to my plan I need a rally to 1.33 area before any serious drop {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,902
  • Feb 6, 2020 4:52am Feb 6, 2020 4:52am
don't trade that plan without a d1 ,its wrong
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,903
  • Feb 6, 2020 4:56am Feb 6, 2020 4:56am
Quoting Bones
unconfirmed line a miracle is needed see weekly right now {quote}
well yah this kind of bounce more 300 pips needs some news lol

I checked calendar I don't see anything for GBP only the employment news tomorrow for the dollar

are we gonna have unannounced news suddenly for GBP
  • #510,904
  • Feb 6, 2020 4:57am Feb 6, 2020 4:57am
Quoting Bones
don't trade that plan without a d1 ,its wrong
Most here will be wrong about the direction this is heading, I too am convinced this is a bear trap.

Trade safe.
Guz
Charts don't drive price, market conditions drive price...
  • #510,905
  • Feb 6, 2020 4:58am Feb 6, 2020 4:58am
Quoting Bones
don't trade that plan without a d1 ,its wrong
I am already long my average 1.3040 gonna stick to the plan
  • #510,906
  • Feb 6, 2020 4:59am Feb 6, 2020 4:59am
that line is on my radar .just looks super bearish ,

Quoting msniper
{quote} well yah this kind of bounce more 300 pips needs some news lol I checked calendar I don't see anything for GBP only the employment news tomorrow for the dollar are we gonna have unannounced news suddenly for GBP
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,907
  • Feb 6, 2020 4:59am Feb 6, 2020 4:59am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 31 KB
Follow The Markets Structure - Patience and Discipline
  • #510,908
  • Feb 6, 2020 5:00am Feb 6, 2020 5:00am
it won't hold

Quoting msniper
{quote} I am already long my average 1.3040 gonna stick to the plan
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,909
  • Feb 6, 2020 5:01am Feb 6, 2020 5:01am
Quoting msniper
{quote} I am already long my average 1.3040 gonna stick to the plan
I have 75 lots of a managed fund on GU long . I rest in the knowledge that the last time I handed money back to the market was 9 years ago .

Trade safe
Guz
Charts don't drive price, market conditions drive price...
  • #510,910
  • Feb 6, 2020 5:01am Feb 6, 2020 5:01am
Quoting Bones
that line is on my radar .just looks super bearish , {quote}
u mean the daily pink trend line on my chart is bearish for u ?
  • #510,911
  • Feb 6, 2020 5:04am Feb 6, 2020 5:04am
Quoting Tekin
Very confusing day no important data and its sitting on a support {image}
İs it about to break for a huge drop
Attached Image (click to enlarge)
Click to Enlarge Name: 0793658D-1431-44E3-BCBC-DB3CCDCCA8DD.png Size: 129 KB
  • #510,912
  • Feb 6, 2020 5:17am Feb 6, 2020 5:17am
Quoting Guztro
{quote} I have 75 lots of a managed fund on GU long . I rest in the knowledge that the last time I handed money back to the market was 9 years ago . Trade safe Guz
Fudge.....the most I've traded was 10.....but on an almost daily basis.
Lost....
  • #510,913
  • Feb 6, 2020 5:19am Feb 6, 2020 5:19am
BUY SL 1.2930, TP high
  • #510,914
  • Feb 6, 2020 5:19am Feb 6, 2020 5:19am
gbpusd buy
99.9% persistence
  • #510,915
  • Feb 6, 2020 5:24am Feb 6, 2020 5:24am
Quoting gespiri
{quote} Fudge.....the most I've traded was 10.....but on an almost daily basis.
To pull the trigger, you need to have the confidence that your technical and fundamental analysis is right. The will come by itself.

Trade Safe.
Guz
Charts don't drive price, market conditions drive price...
  • #510,916
  • Feb 6, 2020 5:28am Feb 6, 2020 5:28am
its not confirmed at all, price says its not a line
the weekly has broke to downside
Quoting msniper
{quote} u mean the daily pink trend line on my chart is bearish for u ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #510,917
  • Feb 6, 2020 5:34am Feb 6, 2020 5:34am
Quoting Guztro
{quote} I have 75 lots of a managed fund on GU long . I rest in the knowledge that the last time I handed money back to the market was 9 years ago . Trade safe Guz

Very impressive trading with 75 lots, what is your entry price and stop loss?
Follow The Markets Structure - Patience and Discipline
  • #510,918
  • Feb 6, 2020 5:35am Feb 6, 2020 5:35am
2948 will give up.

2900 today ( infact 2890 )
Intraday only.
  • #510,919
  • Feb 6, 2020 5:36am Feb 6, 2020 5:36am
A small bounce in NY open can be sold too.
Intraday only.
  • #510,920
  • Feb 6, 2020 5:37am Feb 6, 2020 5:37am
Its very rare for an impulse wave not to give some pips, after all they are what drives the markets up and down.
Follow The Markets Structure - Patience and Discipline
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