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Cable Update (GBPUSD)

  • #511,181
  • Feb 7, 2020 10:54am Feb 7, 2020 10:54am
Quoting knkie
{quote} exit +12 it better pullback for me
\

lets see how far up it will go...
ideally id like it to go back up to 2917-ish

pending sell @ 2894 in case it collapses
in wondering about yourself, you forgot what you came here to be part of
  • #511,182
  • Feb 7, 2020 10:55am Feb 7, 2020 10:55am
Quoting pipfarm
GUS at the weekend {image}
Guz is lying by the pool laughing at all of you for not being able to spot a fake-out
Charts don't drive price, market conditions drive price...
  • #511,183
  • Feb 7, 2020 10:56am Feb 7, 2020 10:56am
very bearish not finished today ,major support comes in 12800 area =could go as only minus 27 now
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,184
  • Feb 7, 2020 10:57am Feb 7, 2020 10:57am
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 43 KB
  • #511,185
  • Feb 7, 2020 10:57am Feb 7, 2020 10:57am
i see only long from here
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 28 KB
yes yes yes
  • #511,186
  • Feb 7, 2020 10:58am Feb 7, 2020 10:58am
Attached Image (click to enlarge)
Click to Enlarge Name: a GBPUSD-1-hour.png Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,187
  • Feb 7, 2020 10:59am Feb 7, 2020 10:59am
Quoting Bones
{image}
keeping short positions in both gbp usd and gbp aud but dont belive this break until my eyes see it.. lets go past 2900 now :-)
  • #511,188
  • Feb 7, 2020 10:59am Feb 7, 2020 10:59am
Quoting msniper
I would say I was wrong and my analysis failed this time I will stop loss the last minutes before market close or maybe keep it for next week and exit with first retracement happen
msniper, it might be to much risk (at least for my pocket) because if scenario on my daily chart will play out GU is right now in W_3_3 (powerful wave)...just saying...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.07.daily.b.png Size: 102 KB
Always trade your own plan...I don't provide trading signals.
  • #511,189
  • Feb 7, 2020 11:01am Feb 7, 2020 11:01am
294 Pips, first target reached.
Attached Image (click to enlarge)
Click to Enlarge Name: Vikinsa GBPUSD Short Trade Mid Week Feb 07 2020 Update First Target Reached.png Size: 81 KB
Technical Analyst & Trader @ Vikinsa
  • #511,190
  • Feb 7, 2020 11:03am Feb 7, 2020 11:03am
so nice journey by trains started but no time to follow through & so all close to see next week. take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #511,191
  • Feb 7, 2020 11:05am Feb 7, 2020 11:05am
Quoting gespiri
{quote} Wave 3 is wave 3.......
gespiri, sorry, I missed your post...and you are correct and not after the fact...very impressive, congrats.
Always trade your own plan...I don't provide trading signals.
  • #511,192
  • Feb 7, 2020 11:07am Feb 7, 2020 11:07am
Quoting Coreg2004
{quote} gespiri, sorry, I missed your post...and you are correct and not after the fact...very impressive, congrats.
No worries. It was getting close around 1.296 earlier. This will probably go up to 1.2915 then down Sunday evening....
Have a good weekend!
Lost....
  • #511,193
  • Feb 7, 2020 11:07am Feb 7, 2020 11:07am
Quoting Coreg2004
{quote} msniper, it might be to much risk (at least for my pocket) because if scenario on my daily chart will play out GU is right now in W_3_3 (powerful wave)...just saying... {image}
I would say this was is wave 3 of 1 not wave 3 of 3

that's mean we might have a big retracement next week to around 1.3000 or even 1.3100 everything possible
  • #511,194
  • Feb 7, 2020 11:09am Feb 7, 2020 11:09am
don't wait ,no buyers at all

Quoting knkie
{quote} \ lets see how far up it will go... ideally id like it to go back up to 2917-ish pending sell @ 2894 in case it collapses
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,195
  • Feb 7, 2020 11:09am Feb 7, 2020 11:09am
Quoting knkie
{quote} \ lets see how far up it will go... ideally id like it to go back up to 2917-ish pending sell @ 2894 in case it collapses
I would suggest selling rallies, those stop orders will get you in trouble. just below the round number 1.29? it would get bid there
  • #511,196
  • Feb 7, 2020 11:11am Feb 7, 2020 11:11am
BUY 1.2894
  • #511,197
  • Feb 7, 2020 11:12am Feb 7, 2020 11:12am
Quoting Bones
don't wait ,no buyers at all {quote}
it's round number 1.29, I am actually scalping long here. and I am very bearish
  • #511,198
  • Feb 7, 2020 11:16am Feb 7, 2020 11:16am
Quoting shahab8b
{quote} I would suggest selling rallies, those stop orders will get you in trouble. just below the round number 1.29? it would get bid there
agreed
i dumped it.

i would much rather price went back up to 2917 first
in wondering about yourself, you forgot what you came here to be part of
  • #511,199
  • Feb 7, 2020 11:17am Feb 7, 2020 11:17am
Well i will congratulate myself for a brilliant analysis and trade on nfp day

Have a good weekend all.
Follow The Markets Structure - Patience and Discipline
  • #511,200
  • Feb 7, 2020 11:20am Feb 7, 2020 11:20am
yea that won't hold

Quoting shahab8b
{quote} it's round number 1.29, I am actually scalping long here. and I am very bearish
On-site guru & also FF member's' psychiatrist, when not drinking tea
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