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Cable Update (GBPUSD)

  • #511,341
  • Feb 10, 2020 3:30am Feb 10, 2020 3:30am
I got caught on the wrong side of the market. I need help please
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  • #511,342
  • Feb 10, 2020 3:42am Feb 10, 2020 3:42am
Quoting knkie
{quote} isnt it amazing that Elliott's last name was Wave ? i used to know a baker and his last name was ""Flour"
LOL
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Focus.
  • #511,343
  • Feb 10, 2020 3:50am Feb 10, 2020 3:50am
Quoting Marco-Kanto
{quote} LOL {image}
lol
i cant believe you answered that seriously

im gonna change my last name to "president" so when i become president everyone will have to call me President President.
in wondering about yourself, you forgot what you came here to be part of
  • #511,344
  • Feb 10, 2020 3:54am Feb 10, 2020 3:54am
Price came back above Significant support at 1.29041 .
Now let's see if it can get above the band .
Eg came back to test the trendline again
Dx also testing
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yes yes yes
  • #511,345
  • Feb 10, 2020 4:08am Feb 10, 2020 4:08am
Quoting msniper
{quote} not sure if u do Elliott waves assuming we are in wave 3 what u think about the shape and PA ? its kind of slow and complicated compared to wave 1 and this might make me think we are in wave C instead of 3 perhaps we are due to a bounce near 1.3000 area before down again {image}
Don't think that the c point have to go to 4 point .
It can revarse , before.
Elliot is a crook ,his teory put a lot of traders in a traps
yes yes yes
  • #511,346
  • Feb 10, 2020 4:30am Feb 10, 2020 4:30am
Sorry buddy waves are not my thing at all

Quoting msniper
{quote} not sure if u do Elliott waves assuming we are in wave 3 what u think about the shape and PA ? its kind of slow and complicated compared to wave 1 and this might make me think we are in wave C instead of 3 perhaps we are due to a bounce near 1.3000 area before down again {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,347
  • Feb 10, 2020 4:33am Feb 10, 2020 4:33am
could be but confidence is down from the open, it can go test that weekly tl break as very over sold
weekly broke but drag up
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #511,348
  • Feb 10, 2020 4:47am Feb 10, 2020 4:47am
Up up.and away we go to close the gap.
The desending channle made a comeback
Look at the gj
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yes yes yes
  • #511,349
  • Feb 10, 2020 4:56am Feb 10, 2020 4:56am
Quoting knkie
{quote} lol i cant believe you answered that seriously im gonna change my last name to "president" so when i become president everyone will have to call me President President.
Focus.
  • #511,350
  • Feb 10, 2020 5:04am Feb 10, 2020 5:04am
Long term idea,

Chart speaks,

Grtz
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What's that smell? ---- I smell money!
  • #511,351
  • Feb 10, 2020 5:04am Feb 10, 2020 5:04am
Quoting left-brained
{quote} Aiming for at least Friday's high
exited +40. respecting the trend
  • #511,352
  • Feb 10, 2020 5:05am Feb 10, 2020 5:05am
Quoting Bones
could be but confidence is down from the open, it can go test that weekly tl break as very over sold weekly broke but drag up {image}
after the drop happened and we see lets say 1.28 and 1.27 whats ur expectation for the future ?

some would say the zone from 1.24 to 1.28 is all a buy zone to target above 1.36 & some would say 1.35x was the top of the year and we will be heading to break 1.19 again

so which side are you breaking 1.19 first or 1.36 first ?
  • #511,353
  • Feb 10, 2020 5:08am Feb 10, 2020 5:08am
Quoting msniper
{quote} after the drop happened and we see lets say 1.28 and 1.27 whats ur expectation for the future ? some would say the zone from 1.24 to 1.28 is all a buy zone to target above 1.36 & some would say 1.35x was the top of the year and we will be heading to break 1.19 again so which side are you breaking 1.19 first or 1.36 first ?

Way more chance of a downside move than upside. Any rises will lead to sell off

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COT: The precious data ignored
  • #511,354
  • Feb 10, 2020 5:12am Feb 10, 2020 5:12am
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Patience is the key for success.
  • #511,355
  • Feb 10, 2020 5:14am Feb 10, 2020 5:14am
Quoting Moty
Up up.and away we go to close the gap. The desending channle made a comeback Look at the gj {image} {image}
if yo urealy think the gap will be closed, why is your TP so low?
"Let your winners run"
in wondering about yourself, you forgot what you came here to be part of
  • #511,356
  • Feb 10, 2020 5:17am Feb 10, 2020 5:17am
ok drop waves are aproaching i think. 30 pip risk for 1.28387
  • #511,357
  • Feb 10, 2020 5:22am Feb 10, 2020 5:22am
Quoting Tekin
ok drop waves are aproaching i think. 30 pip risk for 1.28387
Where is your entry price Tekin?
  • #511,358
  • Feb 10, 2020 5:31am Feb 10, 2020 5:31am
my pending sell orders will be between 1.2970 to 1.3060 to target 1.27xx to 1.28xx

eurgbp still bearish and have 37pips more down which equal to around 60 pips up in gbpusd
  • #511,359
  • Feb 10, 2020 5:53am Feb 10, 2020 5:53am
Quoting msniper
my pending sell orders will be between 1.2970 to 1.3060 to target 1.27xx to 1.28xx eurgbp still bearish and have 37pips more down which equal to around 60 pips up in gbpusd

im getting ready ....
H4 is rejecting R
Laready have a M1 signal, waiting on M5
in wondering about yourself, you forgot what you came here to be part of
  • #511,360
  • Feb 10, 2020 6:04am Feb 10, 2020 6:04am
GU is tricky,short trade in the morning but tricky for now,see my attached file
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