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Cable Update (GBPUSD)

  • #511,761
  • Feb 13, 2020 8:39am Feb 13, 2020 8:39am
Quoting Moty
I brought it up myself, when will I wake up? {image} {image}
ohh man ..hope you will recover it

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #511,762
  • Feb 13, 2020 8:39am Feb 13, 2020 8:39am
Quoting pipfarm
{quote} Hey, Guztro, welcome back and goodbye but before you go, as i told you a good trader is always ready to adapt to market conditions , your still in love with 3400 but still the market shows no signs of going there, i see you did not trust your own analysis enough and was ready to close your trade with 90 pips before it dropped. By the way 2500 is only what i see as a long term view , so i will keep taking trades long and short and banking profit, while if your still holding 75 lots waiting for 3400, you will be sweating in Italy rather profusely....
Pipfarm, that wasn't your view last week, you even challenged me that it's heading for 1.25xx. But hey, the evidence is here for all to see. I refuse to leave this Forum on a bad note, so I want to tell you this - the market doesn't belong to any one of us, you can trade whatever you want. Just know, there are always someone better and lesser than you.

Keep well and stay green.
Guz
Charts don't drive price, market conditions drive price...
  • #511,763
  • Feb 13, 2020 8:42am Feb 13, 2020 8:42am
Quoting krst8
{quote} again, not trying to be rude or anything as i am really most of the time like the ideas here and do learn and like to share with you all. But what did you mean then about the dollar showing weekness? What TA you based that one?

Without going in to detail on every pair


looking at my charts most dollar cross pairs are either gaining or retreating from significant levels, at least in the short term.
Follow The Markets Structure - Patience and Discipline
  • #511,764
  • Feb 13, 2020 8:45am Feb 13, 2020 8:45am
i would expect 3000 to hold today, sideways though
Intraday only.
  • #511,765
  • Feb 13, 2020 8:45am Feb 13, 2020 8:45am
Quoting Guztro
{quote} Pipfarm, that wasn't your view last week, you even challenged me that it's heading for 1.25xx. But hey, the evidence is here for all to see. I refuse to leave this Forum on a bad note, so I want to tell you this - the market doesn't belong to any one of us, you can trade whatever you want. Just know, there are always someone better and lesser than you. Keep well and stay green. Guz

What you suggest goes both ways price has not reached 3400 or 2500 so lets leave it there.

I sincerely wish you a good trip and maybe on your return we can both use our skills more constructively to help others here.


Have a good day
Follow The Markets Structure - Patience and Discipline
  • #511,766
  • Feb 13, 2020 8:45am Feb 13, 2020 8:45am
Knock it off, all of you.
You're all correct, and you're all incorrect. What matters is that you haven't blown up your accounts (which I don't really care).
Just focus on trading this pair and leave your egos outside the thread.
Lost....
  • #511,767
  • Feb 13, 2020 8:49am Feb 13, 2020 8:49am
Quoting Guztro
{quote} Pipfarm, that wasn't your view last week, you even challenged me that it's heading for 1.25xx. But hey, the evidence is here for all to see. I refuse to leave this Forum on a bad note, so I want to tell you this - the market doesn't belong to any one of us, you can trade whatever you want. Just know, there are always someone better and lesser than you. Keep well and stay green. Guz
good statment
  • #511,768
  • Feb 13, 2020 8:50am Feb 13, 2020 8:50am
Quoting gespiri
Knock it off, all of you. You're all correct, and you're all incorrect. What matters is that you haven't blown up your accounts (which I don't really care). Just focus on trading this pair and leave your egos outside the thread.

agree!
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #511,769
  • Feb 13, 2020 8:53am Feb 13, 2020 8:53am
Quoting Guztro
{quote} Hello pipfarm, I'm here just to say goodbye to you. Funny, that's exactly how I described it to you last week, you were well on your way to 1.25XX remember? I trust you enjoyed your master class. Stay green all. I'm off to Italy! Guz
safe travels Guz enjoy the beautiful architecture, food and women.
  • #511,770
  • Feb 13, 2020 9:08am Feb 13, 2020 9:08am
Quoting Hezam
The key to this scenario is to break through 1.3071 {image}
Point 1.3071 must be broken to hit the target for this scenario.
Patience is the key for success.
  • #511,771
  • Feb 13, 2020 9:14am Feb 13, 2020 9:14am
I see here only the possibility of buying with a strong upward trend
  • #511,772
  • Feb 13, 2020 9:23am Feb 13, 2020 9:23am
Quoting pipfarm
{quote} What you suggest goes both ways price has not reached 3400 or 2500 so lets leave it there. I sincerely wish you a good trip and maybe on your return we can both use our skills more constructively to help others here. Have a good day
I might pull a Coreg2004 i.e. pop in once a day, but that’s about it. I’m rather going to travel more, but thanks anyway.

Cheers
Guz
Charts don't drive price, market conditions drive price...
  • #511,773
  • Feb 13, 2020 9:46am Feb 13, 2020 9:46am
Come on.. this market is not females
99.9% persistence
  • #511,774
  • Feb 13, 2020 9:49am Feb 13, 2020 9:49am
Do we still have people in here that change their strategy every time they encounter a loss
99.9% persistence
  • #511,775
  • Feb 13, 2020 9:51am Feb 13, 2020 9:51am
I'm thinking this
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  • #511,776
  • Feb 13, 2020 9:55am Feb 13, 2020 9:55am
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yes yes yes
  • #511,777
  • Feb 13, 2020 9:57am Feb 13, 2020 9:57am
Quoting Guztro
{quote} I might pull a Coreg2004 i.e. pop in once a day, but that’s about it. I’m rather going to travel more, but thanks anyway. Cheers Guz
Hey Guz, safe travels over there. Nice weather but watch out for pickpockets especially in the big cities.
Lost....
  • #511,778
  • Feb 13, 2020 10:00am Feb 13, 2020 10:00am
Resistance will hopefully become support at 1.30. We'll see.
Lost....
  • #511,779
  • Feb 13, 2020 10:01am Feb 13, 2020 10:01am
Quoting shahab8b
I'm thinking this {image}

Your scenario is highly valid but is dependent on the 3070 level being broken and retested on the other hand if 2970 is not broken and we start to see a significant move down back through the 2943 level then it is most likely headed to 2820
Follow The Markets Structure - Patience and Discipline
  • #511,780
  • Edited 10:28am Feb 13, 2020 10:17am | Edited 10:28am
started testing as 3069 signal for up not broken yet & with breaks signal 3044 , waiting for conformation 3012 for limit target for now towards 2983 limit test. it can try spike up still but apparently above 3012 , confirm failure will take with breaks down 2990.take care
usdx also choppy with indecisions near it target as likely to correct next , so with or without 99 does not make that difference , waiting a failure to start.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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