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Cable Update (GBPUSD)

  • #511,681
  • Feb 13, 2020 2:53am Feb 13, 2020 2:53am
Quoting Moty
{quote} Thanks for the reminder buddy. The drop is here. 50 sma h&l&c is supporting and 200 sma h&l&c is ressisting. 200 in 1h is accutually the 50 at the 4h {image}
Cheers, I am selling GU too
  • #511,682
  • Feb 13, 2020 3:06am Feb 13, 2020 3:06am
Quoting Moty
{quote} The break up is coming. Gu is still below the 200 ema in the 15 m and the pivot line at 1.29663 {image} {image}
not enough though gbpusd at weekly resistance ,.yet it may play different as of pair habit. anyway waiting
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Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #511,683
  • Feb 13, 2020 3:13am Feb 13, 2020 3:13am
Quoting navk
I shall buy GU today above daily S1 , 1.2938 2950 will break and that could happen in fankfurt open, so London would be buy.
my original plan was to buy only today.

however, I got confused in this thread and sold.

However I managed to come out of short trades with small profit.
Attached Image (click to enlarge)
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Intraday only.
  • #511,684
  • Edited 3:37am Feb 13, 2020 3:22am | Edited 3:37am
Quoting navk
{quote} my original plan was to buy only today. however, I got confused in this thread and sold. However I managed to come out of short trades with small profit. {image}
im with you navk but im open short its pending order @1.2938
and i have to pending order buy stop @1.3005 target, 1.3050
  • #511,685
  • Edited 6:44am Feb 13, 2020 3:25am | Edited 6:44am
Buy gu 1.2957 tp 1.3050 sl 2920
close at 1.3043 take profit cheers
  • #511,686
  • Feb 13, 2020 3:33am Feb 13, 2020 3:33am
Quoting navk
{quote} my original plan was to buy only today. however, I got confused in this thread and sold. However I managed to come out of short trades with small profit. {image}
now, i am long, stop 2950
Intraday only.
  • #511,687
  • Feb 13, 2020 3:37am Feb 13, 2020 3:37am
long in at 1.2971 - first one
Don't trade what you think. Just what you see!!!
  • #511,688
  • Feb 13, 2020 3:58am Feb 13, 2020 3:58am
Maybe just bull trap now we can see lower low at 2840 MA 200 on daily as support. Time Will tell us
  • #511,689
  • Feb 13, 2020 4:01am Feb 13, 2020 4:01am
Quoting b_hand
Maybe just bull trap now we can see lower low at 2840 MA 200 on daily as support. Time Will tell us
that's why I put a pending order up and down, bull wins maybe i can take a profit and if bear win maybe i can take profit



stay a green and trand safe
  • #511,690
  • Feb 13, 2020 4:03am Feb 13, 2020 4:03am
If you want to sell, set pending sell @1.300xx - 1.301xx
  • #511,691
  • Feb 13, 2020 4:03am Feb 13, 2020 4:03am
Set up for long is looking more promising now as the 4 hour close confirms the prior hourly down swing as a correction in a new swing up, but still i want to see the break of 2991 or some kind of trend up to confirm.
Follow The Markets Structure - Patience and Discipline
  • #511,692
  • Feb 13, 2020 4:14am Feb 13, 2020 4:14am
Quoting Theoak
long in at 1.2971 - first one
out + 7.5 pips
Don't trade what you think. Just what you see!!!
  • #511,693
  • Feb 13, 2020 4:32am Feb 13, 2020 4:32am
Gu can't break this weekly pivot
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yes yes yes
  • #511,694
  • Feb 13, 2020 4:38am Feb 13, 2020 4:38am
Quoting pipfarm
Set up for long is looking more promising now as the 4 hour close confirms the prior hourly down swing as a correction in a new swing up, but still i want to see the break of 2991 or some kind of trend up to confirm.

Im in long @2983 target 3060 ish level
Follow The Markets Structure - Patience and Discipline
  • #511,695
  • Feb 13, 2020 4:41am Feb 13, 2020 4:41am
Quoting Moty
Gu can't break this weekly pivot {image}
on my chart i only look for breaking the triangle chanel for the up..
Attached Image (click to enlarge)
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #511,696
  • Feb 13, 2020 4:49am Feb 13, 2020 4:49am
GU still looking bearish, but USD is very likely to correct until US session tomorrow.
So don't be so surprised if nothing happens during US session today later.
Hey buddy, let's grab some Pips!
  • #511,697
  • Feb 13, 2020 5:00am Feb 13, 2020 5:00am
GBPUSD is moving in a rising wedge below the psychological level at 1.3000.
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  • #511,698
  • Feb 13, 2020 5:01am Feb 13, 2020 5:01am
Inserted Video
  • #511,699
  • Feb 13, 2020 5:04am Feb 13, 2020 5:04am
Quoting navk
{quote} now, i am long, stop 2950
I closed my longs, will retake longs later again in NY session
Intraday only.
  • #511,700
  • Feb 13, 2020 5:30am Feb 13, 2020 5:30am
Just another bearish scenario using Aquaman's Trident
Cheers and have fun like I do.

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Attached Image (click to enlarge)
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Hey buddy, let's grab some Pips!
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