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Cable Update (GBPUSD)

  • #511,201
  • Feb 7, 2020 11:24am Feb 7, 2020 11:24am
Quoting Bones
yea that won't hold {quote}
Then I will get stopped out. I'm using a tight SL with a good RRR.
  • #511,202
  • Feb 7, 2020 11:27am Feb 7, 2020 11:27am
see evidence first ,its a trick to pause
no buyers in that candle yet
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,203
  • Feb 7, 2020 11:31am Feb 7, 2020 11:31am
Quoting Bones
see evidence first ,its a trick to pause no buyers in that candle yet {image}
I know. I wish I kept my short positions open during the NFP. I am scalping long out of boredom. I cant sell here.
  • #511,204
  • Feb 7, 2020 11:32am Feb 7, 2020 11:32am
Quoting msniper
{quote} 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
msniper, W_3_(iii) is in making on my daily chart.
Always trade your own plan...I don't provide trading signals.
  • #511,205
  • Feb 7, 2020 11:34am Feb 7, 2020 11:34am
Quoting shahab8b
{quote} I know. I wish I kept my short positions open during the NFP. I am scalping long out of boredom. I cant sell here.
the force is strong @ 2898
it should swing higher
in wondering about yourself, you forgot what you came here to be part of
  • #511,206
  • Feb 7, 2020 11:40am Feb 7, 2020 11:40am
I will buy more. For me a very good place to shop. I might be wrong.
  • #511,207
  • Feb 7, 2020 11:53am Feb 7, 2020 11:53am
Usdx still strong after got good target at previous top and also gold running in the same direction up to avoid tanking and next good swing will play to gold next week. Lets see.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #511,208
  • Feb 7, 2020 11:54am Feb 7, 2020 11:54am
lol ,I know what you mean

Quoting shahab8b
{quote} I know. I wish I kept my short positions open during the NFP. I am scalping long out of boredom. I cant sell here.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,209
  • Feb 7, 2020 12:06pm Feb 7, 2020 12:06pm
Quoting Bones
lol ,I know what you mean {quote}

yeah wish same, but opened a smaller position at this price anyhow and put my earlier pips from today at risk... been short bised for 7weeks now so “want” to be right... i hate this 2900 level... lost so much here :-(

anyhow, I think we are about to expose the weekly average next week at 2700.

britain is out of the union, and no good news for a while now... offcourse there will come some deals during spring time...


this weekly candly is little bit redish :-) why did i not keep my shorts since monday all week :-(
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  • #511,210
  • Feb 7, 2020 12:10pm Feb 7, 2020 12:10pm
that last one can over come oversold situ also draw longs ,check open again
Attached Image (click to enlarge)
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  • #511,211
  • Feb 7, 2020 12:13pm Feb 7, 2020 12:13pm
We are also about now to take out the december candle that was very bullish. There is now nothing below to catch this than the weekly average as said at 2700...

as observed the weekly average and the 52 months average is about the same level around those low 2700 level...
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  • #511,212
  • Feb 7, 2020 12:18pm Feb 7, 2020 12:18pm
I had strong conviction normally I wouldn't have traded a NFP ,it was ugly but I thought consolidation
maintained position

Quoting krst8
{quote} yeah wish same, but opened a smaller position at this price anyhow and put my earlier pips from today at risk... been short bised for 7weeks now so “want” to be right... i hate this 2900 level... lost so much here :-( anyhow, I think we are about to expose the weekly average next week at 2700. britain is out of the union, and no good news for a while now... offcourse there will come some deals during spring time... this weekly candly is little bit redish :-) why did i not keep my shorts since monday all week :-( {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,213
  • Feb 7, 2020 12:21pm Feb 7, 2020 12:21pm
Attached Image (click to enlarge)
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yes yes yes
  • #511,214
  • Feb 7, 2020 12:21pm Feb 7, 2020 12:21pm
evening star

Quoting krst8
We are also about now to take out the december candle that was very bullish. There is now nothing below to catch this than the weekly average as said at 2700... as observed the weekly average and the 52 months average is about the same level around those low 2700 level... {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,215
  • Feb 7, 2020 12:24pm Feb 7, 2020 12:24pm
it also has 2 gap down, my monthly broke already
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,216
  • Feb 7, 2020 12:26pm Feb 7, 2020 12:26pm
Quoting Bones
I had strong conviction normally I wouldn't have traded a NFP ,it was ugly but I thought consolidation maintained position {quote}

yeah, i keep my short opened at nfp from 50 little foolish but small position only, then down to 25.

but todays nfp was very still? I was supprised by this as I thought that the results was very good from the usa? I still dont see why gbp should go uppwards until any good news comes out... which will start in some months. But feelt so awkward that Johnson cut the possibility for extensions past the year, that will make this year as funny as last year for pound

I feel little bit for gbp aud last weeks, been trying gbp jpy pair before but the yenn i just could not grasp the movement at all.
  • #511,217
  • Feb 7, 2020 12:28pm Feb 7, 2020 12:28pm
Quoting Bones
it also has 2 gap down, my monthly broke already {image}
where is the November gap? I know it is there but don’t remember the week/exact level?

anyhow, if this dont shoot up i am keeping my position over the weekend.. I want this support to become resistance so important where we close i guess tonight...
  • #511,218
  • Feb 7, 2020 12:53pm Feb 7, 2020 12:53pm
I can promise you this
it cannot go up ,
also the weekly will close bearish
that's what I said yesterday ,I know its not in the books but you can read before the close

When the weekly is closed your know that advise is right =it can be done-Ive seen it done by a professional or how did I forecast it
read it on the fly ,not always clear but... there's info in that chart midway

its oversold ,could retrace next week ,but probably not

Quoting krst8
{quote} where is the November gap? I know it is there but don’t remember the week/exact level? anyhow, if this dont shoot up i am keeping my position over the weekend.. I want this support to become resistance so important where we close i guess tonight...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,219
  • Feb 7, 2020 12:54pm Feb 7, 2020 12:54pm
Giant Slalom with G/U this week - short selling 300 pip range. M30:
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69
  • #511,220
  • Feb 7, 2020 12:56pm Feb 7, 2020 12:56pm
honestly its not anything is possible ,this could shoot up ,it would be a miracle event to change it ,positions have been made not on the 5 min chart

people more clevor than us have done the math fundamentally
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